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  4. Ospreyeye: Japanese Candlestick patterns & Technical Analysis Board Message Board

MJ Sector Commentary: The MJ Sector is Back!!…..

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Post# of 777
Posted On: 07/01/2014 4:32:54 PM
Posted By: Ospreyeye
MJ Sector Commentary: The MJ Sector is Back!!…..huge close on the MJX Index today…..Monster close………did I already say that?……the close on the MJX today can not be over looked……….1st close above 4.00 since April……..this is what I've been looking for……I also like the fact it is happening kind of quietly like the January run………I don't want to jinx it, but there's a good chance SHOWTIME is back……

That would be awesome……..when MJ was hot holding overnight was rewarded……gap higher opens were the norm……looking for certain signals that correlate w/ the last run………take the leader of the pack for example…….the best of breed always runs 1st when it's a sector wide rally…….what's been smoking the hardest?……..GWPH…….crazy options money maker…….some have made $$$$MAJOR BANK$$$ in a matter of days!…………..

So, as you know when a sector rallies it's best of breed 1st followed by the laggards……..GWPH is now at insane levels…….the laggards are starting to follow…,,…….it's time to do some charting IMO to get a better look at the overall sector……..what's hot?…..what's not?……..what's running?……& what's on deck?……..I'm most interested in the getting ready to run MJ stocks…..those will be the next big winners IMO…….

This rally may be different……investors may be more cautious as they should…….this could turn into a rally where only the companies that have passed the legit test participate……& then again we are talking about the OTC, so probably not……….

It's time to roll up the sleeves and break out the charts………there's a rally going on and the last thing you want to do is miss the boat!…………….$$$

http://marijuanaindex.org


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