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From: cardlynn (Rep: 128)Date: 2018-04-15 11:23:26
Forum: Pinks and BB - Thread #674003661Msg #126112 - Part 1/4 (Rec: 1)
I have an interesting observation on some of the weed charts if anyone cares about technicals at all. After studying Friday's action, many of the 30-40% movers (ie. AMMJ, SRNA, NUGS) have something in common: solid 50MA breaks have been the launching pad. They all ripped and pretty much moved parabolically after solid breaks. A lot of the ones that didn't gain as much (ie. CBDS, CNBX, CNAB, etc.) had 50MA tests, but got rejected at those levels. If you assume some early weed momo at the start of Monday, I think there is a good chance that those tickers that got rejected at 50MA Friday get a similar parabolic rip on a morning 50MA break.
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From: kcprinters (Rep: 679) reply to cardlynnDate: 2018-04-16 09:43:18
Forum: Pinks and BB - Thread #674003661Msg #126117 - Part 2/4 (Rec: 0)
Re: I have an interesting observation on some of the weed charts if anyone cares ...there's CNBX through - see how continuation goes

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DISCLAIMER What I post is an opinion only, by no means a professional opinion! I choose to put an emphasis on fundamentals, and even if something screams a buy, I've learned that the stock may not move just because the fundamentals say it's undervalued. If I post about a stock, it doesn't necessarily mean I hold shares - I often like to just discuss plays for the sake of conversation. This is a forum of discussion...for ideas - do you own DD and take responsibility for own trades.



Reply to cardlynn - Msg #126112 - 04/15/2018 11:23
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From: cardlynn (Rep: 128) reply to kcprintersDate: 2018-04-20 08:12:35
Forum: Pinks and BB - Thread #674003661Msg #126238 - Part 3/4 (Rec: 0)
KC, I know this ticker is like your baby as I know you've always loved the fundamental aspect of it. Do you think we finally breakout today or have you been jaded by all the headfakes and unfulfilled promise the last 2 or 3 years? Re: I have an interesting observation on some of the weed charts if anyone ca...

Reply to kcprinters - Msg #126117 - 04/16/2018 09:43
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From: kcprinters (Rep: 679) reply to cardlynnDate: 2018-04-20 17:25:14
Forum: Pinks and BB - Thread #674003661Msg #126281 - Part 4/4 (Rec: 0)
Re: KC, I know this ticker is like your baby as I know you've always loved the fu...sorry, late reply...work has been so busy I can't mosy around on boards like I used to! Today's action probably answers. Full break through 52 probably means free to move towards $1. I think they finally let it. Then I'd expect as much hell there as there was just trying to get through 50c. Given summer approaching, not convinced it can do it, even though it 'deserves' it on paper if anyone actually chose to find a value MJ play and not just a pump.

--------------------------------------------------------------------------------------------------------------------------------------------------------------------

DISCLAIMER What I post is an opinion only, by no means a professional opinion! I choose to put an emphasis on fundamentals, and even if something screams a buy, I've learned that the stock may not move just because the fundamentals say it's undervalued. If I post about a stock, it doesn't necessarily mean I hold shares - I often like to just discuss plays for the sake of conversation. This is a forum of discussion...for ideas - do you own DD and take responsibility for own trades.



Reply to cardlynn - Msg #126238 - 04/20/2018 08:12
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