Replies to post #18403 on Hangover Joe's Holding Corp. (fka HJOE)

[ospreyeye]

$HJOE Chart - after forming BEARISH DARK CLOUD COVER reversal pattern on the 14th $HJOE has responded w/ 3 up days in a row - impressive - $HJOE has created a declining volume pattern - as the share price climbs closer to 200 day moving average resistance the volume has been decreasing - less buyers as the price climbs -

The 200 Day Moving Average @ 0.0049 is the Key level to close above & turn into support - on the 14th $HJOE broke the 200 DMA, but failed to close above & a pullback followed - it's all about the 200 DMA going forward - the line in the sand - candles forming above the 200 DMA = upside potential & candles forming below the 200 DMA = downside risk -