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adrianjecan
Jun 26, 2020 4:32 PM

MCOA accumulation phase for a leg up or the next bull run Long

Marijuana Company of America, Inc.OTC

Description

The daily chart of OTC:MCOA looks like bottoming, after being in a downtrend for a long time.
In terms of indicators, there is a bullish divergence both on RSI and MACD.
Also, the downtrend lacked volume but here in this bottom area the volume increased a lot, as you can see. This is evidence that smart/institutional money are accumulating.

My targets are as follow:
0.0127 (180% profit)
0.0380 (710% profit)
0.2070 (4450% profit)
Comments
ClargyInvesting
This was a great call!
smidds
nvm
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