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Wednesday, 03/19/2014 12:48:11 AM

Wednesday, March 19, 2014 12:48:11 AM

Post# of 51783
As If You Folks Didn't Know Already
LATF is setting up for a major rally over the next few days. It's already been a decent tear since I got in a few weeks back but the chart and fundamentals are primed for some serious bullish activity.

http://stockcharts.com/h-sc/ui?s=LATF&p=D&yr=0&mn=4&dy=0&id=p97689327914

The RSI is a little high but has room to go into overdrive. Obviously a few weeks back, LATF indicated a Golden Cross with the SMAs. Well it's about to follow through with the EMAs and from what I have seen, when the exponential averages follow the simple averages, share price can really explode. Another beautifully bullish indicator is the jolt upwards from the MACD. The last piece is the bullish indicators is the fact there are no gaps below. None. NO GAPS! That is spectacular. The pps is riding the top bollinger band so if there's a big pop tomorrow above that range, the share price might be reigned in by statistic deviance. Today's run up on exceptionally high volume is just the icing, whipped cream and cherry all in one bite.

Fundamentally, LATF earnings seemed solid. Who knows how the foray into MMJ in Colorado works out but this could get quite interesting. LATF is #1 on the iHub breakout boards and with a mere .01 pps, I think we could see some real fireworks.

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