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The Universe, week of Dec 28, 2015… – If, Then… Market Timing

The Universe, week of Dec 28, 2015…

[Note: I publish “The Universe” every weekend, updating my support and resistance calculations for Marijuana sector stocks. It is not a projection, but a handy reference… Non-Marijuana stocks are covered elsewhere during the week.]

Happy New Year!

The year’s last week of trading now commences, tax loss selling comes to an end. The optimal January Effect candidate will already have bottomed, meaning no fresh lows this week — perhaps taking another dip to correct an interim bounce.

New January Effect candidates are GRNH, GWPH, MCIG, TURV.

Anyone still needing year-end stock chart analysis to further inform their own tax decisions should email me earlier this week, rather than later. I’ll make every effort to turn around an analysis with time to contemplate it.

Marijuana Stock Universe for December 28, 2015
Reference this table during stock reactions
4-week # up: 14 14.00%
trends* # flat: 10 10.00%
# down: 76 76.00%
*The percentages of stocks rising or falling over 4 weeks.
symbol support resistance 4-week trend
ACGX 0.000 0.003 down
AERO 0.830 1.260 down
AGTK 0.000 0.004 down
AMMJ 0.140 0.290 up
ARNA 1.650 2.200 down
ATTBF 0.035 0.075 flat
BLOZF 0.087 0.163 down
BLPG 0.015 0.086 down
BRDT 0.012 0.031 down
BTFL 0.002 0.005 down
CAFS 0.001 0.011 down
CANL 0.250 0.500 down
CANN 0.350 0.770 down
CANV 0.169 0.440 down
CARA 14.250 18.870 up
CBDS 0.510 1.850 down
CBGI 0.000 0.005 down
CBIS 0.015 0.023 down
CGRW 0.360 0.610 flat
CHUM n/a n/a down
CNAB 0.150 0.330 down
DEWM 0.002 0.004 up
DIGP 0.120 0.220 down
DSCR 0.000 0.025 down
EAPH 0.003 0.006 down
EDXC 0.007 0.019 down
ENCC n/a n/a down
ENDO 0.006 0.018 down
ENRT 0.015 0.025 down
ERBB 0.001 0.003 down
ETST n/a n/a down
EXMT 0.000 0.004 down
FITX 0.004 0.078 flat
FSPM 0.000 0.250 down
FULL 2.470 2.860 down
FWDG 0.000 0.002 down
GBLX 0.125 0.260 down
GRCU 0.000 0.004 down
GRNH 0.029 0.042 flat
GWPH 58.750 78.000 down
HEMP 0.050 0.107 down
ICBU 0.000 0.003 down
IGRW 0.000 0.002 down
IMLFF 0.110 0.180 flat
INCC 0.000 0.002 down
INSY 26.400 34.950 up
ITNS 0.001 0.005 down
KAYS 0.067 0.187 flat
LATF 0.000 0.001 down
LXRPD 0.180 0.280 up
MCIG 0.035 0.055 up
MDBX 0.003 0.033 down
MDCN 0.000 0.001 down
MDRM 0.025 0.060 up
MINE 0.000 0.002 down
MJMD 0.000 0.015 down
MJMJ 0.000 0.001 down
MJNA 0.036 0.048 up
MNTR 0.220 0.036 down
MSRT 0.830 1.410 down
MYEC 0.014 0.021 flat
MYHI 0.013 0.100 down
NDEV 0.016 0.053 down
NMUS 0.218 1.215 down
NRTI 0.000 0.002 down
NTRR 1.800 3.350 up
OGRMF 0.510 0.920 up
OSLH 0.000 0.001 down
OXISD 2.250 4.750 flat
PHOT 0.004 0.014 down
PLPL 0.053 0.121 down
PMCB 0.064 0.080 down
PNTV 0.001 0.007 down
PZOO 0.000 0.002 down
QEDN 0.000 0.003 down
REDG 0.000 0.003 down
RFMK 0.000 0.002 down
RMHB 0.021 0.045 down
RSSFF 0.030 0.100 up
SING 0.005 0.012 down
SKTO 0.000 0.004 down
SPRWF 0.220 0.330 up
SRNA 0.044 0.078 down
STEV 0.022 0.039 down
TAUG 0.001 0.004 down
TRTC 0.082 0.118 down
TURV 0.463 0.770 flat
TWMJF 1.800 2.400 up
UPOT 0.010 0.050 down
USEI 0.000 0.003 down
VAPE 0.003 0.023 down
VAPR 0.000 0.050 down
VGPR 0.000 0.002 down
VHUB 0.025 0.048 down
VPCO 0.070 0.260 down
VPOR 0.000 0.001 down
WDHR 0.000 0.002 down
WOGI 0.001 0.004 down
XTRM 0.001 0.004 flat
XXII 1.310 1.700 up

5 Comments

  1. Josey on December 28, 2015 - 10:37 am at 10:37 am

    Hi Rod, An island has to be above or below the previous highs or lows, no? Can a head and shoulders pattern have gaps? TY



    • Rod David on December 28, 2015 - 11:29 am at 11:29 am

      Islands should not overlap the mainland… Personally, I prefer Head & Shoulders patterns that develop smoothly and symmetrically. Regardless, volume should contract throughout the pattern’s formation, which isn’t likely if the head formed an island.



  2. fennecby on December 29, 2015 - 4:39 pm at 4:39 pm

    hey Rod.
    How does WYY look for January?



    • Rod David on December 30, 2015 - 7:59 am at 7:59 am

      WYY — Still in a downtrend, but the low satisfied a big distributive target. Back above .77 much sooner rather than later would suggest momentum reversing up. But a recovery at this stage should be obvious relatively soon to avoid extending the ongoing trend of lower lows and lower highs.



      • fennecby on December 31, 2015 - 1:49 am at 1:49 am

        thanks.