Posted On: 04/07/2014 2:32:20 PM
Post# of 56324
Thanks kbad
I will do another TA later today. Note that support levels that did not hold now become resistance. I see MFI between Feb 20 - 26th combined with MACD crossover followed by sustained downtrend has a very similar MFI pattern that started April 3,4,5 Support level that held today is marked by Feb 6th close and next support levels of .065 has at least 5 high/low support dates.
This appears to be an all out assault sector wide. I follow 36 MJ stocks and every single one is down today,
I will do another TA later today. Note that support levels that did not hold now become resistance. I see MFI between Feb 20 - 26th combined with MACD crossover followed by sustained downtrend has a very similar MFI pattern that started April 3,4,5 Support level that held today is marked by Feb 6th close and next support levels of .065 has at least 5 high/low support dates.
This appears to be an all out assault sector wide. I follow 36 MJ stocks and every single one is down today,
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