GrowLife Inc (PHOT)

[Monkey13]

Crazy day already!!! IMPORTANT Fib update

These MM's played crazy games this morning trying to shake us longs out. But the ones who believe held strong.

Even though I don't like to see the fib going near the 62% area, below the 50%, like LAmerica, I still see us in a healthy fib pattern. Guys, the fib pattern is still alive, strong, and playing right within the scenario 2 option I've been posting.

IMHO this is now where we stand:

We have established a C point of .2799, off the A to B move of .175-.42. That is close to a 61% fib retracement and fib healthy. As long as .269 is not broken, the fib pattern is HEALTHY.

NEWS could come at any moment after the meeting! If developments are positive we should be starting our C TO D movement off today's low, or at worse .269 (to keep the fib pattern strong) on our way to nice upward price movement!

That C to D, on a 1 to 1 would go to .53!!! Since we had more then a 50% retracement, expect however more choppiness up to that point.

It will be a very exciting weekend to hear from all the longs who went and hopeful speculation on what Sterling and the boys have in store for us. I wish I couldve been there for the party!!! Gotta believe it will be good news though to bring the Monkey tip can alive again and get this poor teacher there next year!!! lol.

MONKEY