Replies to post #54472 on Hemp Inc (HEMP)

[Vis567]

When? In dream??

[ospreyeye]

$HEMP weekly chart - each candle represents one week of trading - riding the 200 DMA @ 0.0334 support level - $KEY level to hold - if the 200 DMA turns into resistance 0.025 will most likely get tested - the $KEY level to break is the 50 DMA @ 0.0506 - when $HEMP closes above the 50 day moving average it should be the bull signal the MM's are ready to run higher - checkout the first week of Jan. 2014 when $HEMP closed above the 50 DMA - a multi week run followed - $HEMP has failed to close above the 50 DMA since support broke back in Aug. 2014 - $HEMP attempted to break the 50 DMA back in Oct., but failed - keep an $EYE on the 50 DMA - if $HEMP closes above that level a breakout should follow IMO -