Buying volume is way higher (read inside)
Look at the HEMP chart then look at MJNA for the past few weeks.
When HEMP made its second top recently, the selling volume was LESS then the buying volume on the way up. This is very bullish.
With MJNA, at the second top, the selling volume is WAY HIGHER than the buying volume on the way up, which signifies major selling.
HEMP appears technically able to form another 3rd higher top in the next two weeks. We will see next week. Could pop from .20 cents to re-test .35, then if it consolidates for 3 days in a small range around .35 it can easily shoot to $1.
Who knows, the next three to four days will tell. Big money is possible.
If HEMP runs another 3rd leg. That would be a 1-2-3-4-5 pattern. Which would then have a large A-B-C correction for a few months, and then ANOTHER huge upleg is possible.
If you look at the weekly charts for HEMP, CBIS and MJNA there are GIGANTIC Inverse Head and Shoulders Patterns. All these stocks are likely in major bull markets and will soar to multi dollars in the next few years.
This is like being in the bottom of IT stocks back in early 1990.
HEMP looks nice, especially though right here and for the next 2 weeks. Also, RFMK runs parallel to HEMP, so check that chart too. I prefer HEMP though right now for another potential run, although ERBB looks ready to take off like a rocket on Tuesday and soar.
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