Replies to post #94266 on Medical Marijuana Inc (MJNA)

[Brimstone127]

MJNA is looking lovely. I'm gonna stay in this one!

[136]

$MJNA 3/21/13 CHART ANALYSIS - TWO CHARTS

Finally! We've made our first close above MA 20 of the last 15 trading days. The chart looks like it may be finished ( or at least extremely close to it ) with its bearish consolidation. All indicators of the chart are showing the next big leg up is coming very soon. MACD ready to turn positive, ROC on the move, Volume increasing, RSI has also made a good base around the higher 40's just like after the previous runs.

Resistance 2 = .3500
Resistance 1 = .3200
CURRENT PRICE = .3001
Support 1 = .2700
Support 2 = .2630 = (MA 50)



$MJNA