ALL 420 runners from the past few session pulled back today... period!!... The charts are ALL pretty much identical... This is not just isolated to $MJNA as many want you to believe!... for anyone that doesn't follow the sector and just this stock, pull up a few chats of popular MJ plays, it will confirm my analysis and squash the $MJNA doom and gloom theory!...
No gap? Most serious technical traders DO NOT consider a gap "closed" until the price literally closes (or opens) below the gapped up open (or close, as it goes both ways). This is especially the for intraday gaps. See there's no support in those gapped spaces just thin trading.
The chart above has 2 major unclosed gaps. From the past two days. Yeesh!
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