Need to Know Mon Apr 7 2014 (part B)
Part B of three weekend videos that cycle through the entire marijuana sector”s universe with my thoughts on patterns, while specifying any actionable levels that might be met in an extreme environment…
symbol rally signal maximum pullback (comments)
EAPH — .022 – .027 —
EDXC .27 — .147 – .158 — (precipice)
ENRT .80 — .30 (triangle high, wasting time)
ERBB .094 — .047 – .053
EXMT .0165
FITX .105 — .063
FRTD .0755 — .0455 — (triangle breaking lower)
FSPM 6.30 — 2.56 — (double top)
FULL 8.12 — 6.85 — (“other shoe” drops on new low close)
GRNH .57 – .60 — .30 – .33 — (already stretching pullback)
GWPH 62.80 — 42.30, 36.90 — (closed under rally”s prior low on +vol)
HEMP — .067 – .078 — (only for a bounce to .11)
ICBU .13 — .088 — (one chance at reacting up, or else deeper slide coming)
LATF .0133 — .0088 — (interesting relative strength recently)
MCIG .75 — .43 – .48 — (on the precipice)
MDBX 32 — no — (not for bottom-fishing… let a breakout prove itself)
MINE — .0158, .006 — (example of the consequences to missing support)
MJNA — .215, .185 — (only for a bounce to .26)
MNTR 4.15 – 4.45 — — (plunged into falling wedge, making big risk of plunging out of it)
MWIP — .272 — (only for a bounce to .42)
NTRR — .45 —
NVLX — .30 – .32 — (shouldn”t take long recovering if valid)
PHOT 0.64 — .41, .32 — (still the favorite)
