Replies to post #2944 on New Generation Consumer Group Inc (NGCG)

[DoublePlusGood]

Interesting, I know enough about ADX to know you want the green up above the red & white but never heard that the green line dipping down to the white signal line caused violent upward moves. Good to know. Always happy to get chart indicator lessons from you Doc. :)

Now I really want to pick up shares, but if it moves up too much may just have to be happy with what I already got.

$NGCG

[bassman2012]

Thanks Dr....locked and loaded here. Signed up on your board, awaiting verification...looking forward to working with you

[iTrendz]

Violent move upward. I like the sound of that Dr P. Hopefully we get a morning dip to avoid any new gaps from forming.

[2014shelby]

Thanks for your thoughts and analysis.

FYI, I spoke with several well connected and experienced individuals in the pharmaceutical industry a few weeks back and got their take on the MJ market including timing and who would be the front runners. We discussed many strategic intents, comp advantages, risks and paths forward including the influence of Big Pharma, Tobacco, Beer and Alcohol. Their responses were surprising yet seemed to make sense. Based upon what they said and the recent interest and upward movement of THCZ, NGCG and a few other "up and coming" hemp infused drink firms it appears their prime theories and rationale are being substantiated. There's still a ways to go and other definitive political and business events have yet to take place; however, things appear to be moving in the right direction. I feel very fortunate to have a piece of NGCG and to be a player during the infancy of a major movement in a growing industry segment. I'm feeling even more confident with your thoughts and presence here on this board. IMO and GLTU and all NGCG shareholders

[Dr PennyStock]

Just watch this, please, so you understand that this violent move is purely technical.

Look at the ADX indicator, read what I said yesterday, and, now see what the +DI(green line) is doing. It has bounced off of the ADX line(white line), exactly as I said.

Technical Analysis works perfectly on penny stocks, do you want a better example than this?

http://stockcharts.com/h-sc/ui?s=NGCG&p=D&b=5&g=0&id=p93851589580