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ospreyeye

04/30/15 2:51 AM

#56369 RE: worldisfullofDerps #56368

$HEMP Chart - after forming an inverted hammer on the 28th $HEMP followed through w/ a green candle on Wed. - nice close above EMA 4 @ 0.0204 - when the middle Bollinger Band @ 0.0214 turns into support a new up trend can begin - $HEMP closed above the middle BB on the 24th - the next three trading sessions middle Bollinger Band resistance broke intraday, but $HEMP was unable to close above that level - the next close above the middle BB should be the bull signal $HEMP is ready to head higher -

PSAR Bullish flip on the 24th as well - the green dots are now below the candles - PSAR = Parabolic Stop And Reverse - this indicator is signaling the downtrend may be ending a new up trend "may" be starting - the $KEY for $HEMP bulls is to form candles above the middle BB and EMA's 4 & 8 in the bullish upper Bollinger Band channel -

MACD bull cross last Fri. - Fast Sto @ 57.33 & in the above 50 bull zone - RSI @ 44.39 - keep an $EYE out for RSI above 50 - that would be bullish - declining volume pattern - $HEMP is due for a volume spike -

GoGoLi

04/30/15 6:59 AM

#56371 RE: worldisfullofDerps #56368

I know, and it usually is like that but yesterday was aftermarket on HEMP.
you should pay more attention.

$UPERMAN

04/30/15 8:55 AM

#56372 RE: worldisfullofDerps #56368

Brother, you saying Investopedia is wrong?

http://www.investopedia.com/terms/f/formt.asp#ixzz3Ylsa3sui