MJ Stocks Analysis

[nopancakemix]

Technical Alert LATF Golden Cross Setting Up

http://stockcharts.com/h-sc/ui?s=LATF&p=D&yr=0&mn=4&dy=0&id=p24826570368

***Possible GOLDEN CROSS developing on LATF chart***

Golden Cross is the most basic, most common, MOST ACCURATE and MOST BULLISH technical indicator. Essentially the Golden Cross occurs when the 50 day Moving Average crosses above the 200 day Moving Average. The most commonly used MAs are the Simple MA or SMAs. For further detail look up Golden Crosses on Investopedia or Stockcharts.

In the past 2 months many MJ stocks executed the Golden Cross for gains from 200-2000%. Use the link above to check out the other stocks and see what has happened to those who blew up after a Golden Cross.

LATF is towing a line down the middle of the road but I am expecting some serious bullish activity based on the technical setup.

Of course, do some dd. The company is a new player but supposedly has interesting stuff in the works. Regardless of the fundamental info, the technical setup is pretty sweet