Had to make this rebuttal video after someone disagreed with my video analysis from last night. I feel MCOA is still being supported by the 50 MA on the hourly and will have a breakout tomorrow. Book it!
Refer to the text within the chart to explore my opinions on future projections. OTC:MCOA Disclaimer. My ideas are for informational purposes only. My ideas do not constitute solicitation, recommendation, endorsement, or offer to buy or sell any securities or other financial instruments. You should not construe any such information or other comments as legal,...
This is strictly a speculative play on federal marijuana legalization, with reform being a top issue in politics currently. I dug a little deeper and found some promising words from the organization's CEO Jesus Quintero in an audio interview with SmallCapVoice.com, posted today on March 4th. Part of the transcript goes as follows: “We have made great strides...
Back in this super risky penny stock, nice volume today, 187million and oversold conditions have my spidey senses tingling
the new black gold (oil) is green gold (ganja)
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...
Possible trade setup imminent. Waiting for move above pivot point and the 50ma turns support. Entry level $0.2557 Target price $0.4103 60% return. Indicators bullish and trending higher with room to run. Company profile Marijuana Company of America, Inc. engages in the research and development of legal hemp-based consumer products. Its product include...
Proceed with caution, this is not financial advice. I merely intend to inform you of my observations and of my personal position. I am of course biased as I have already chosen to invest, but I feel bad not letting others in on this lesser known stock with very bullish outlooks. I recognize bullish indicators in my Stoch RSI and in candle analysis. Also, the...
MCOA, a star (or was it THE star?) of the 2016 MJ season with 5000% gains is painting a really beautiful pennant setup on the monthly with that 5000% gain as its flagpole. (Pennant TA says an upward breakout of pennant has a target equal to the flagpole height. Flagpole must be high volume and pennant must be declining volume. Breakout must be high volume.) Many...
$MCOA QUICK TAKE-AWAYS AND WHY I'M EXCITED! 1. Less than two weeks ago announced an investment of $250,000 for 15% of MoneyTrac Technology Inc. 2. Currently has Investments/Ownership/Joint Ventures with the following companies: hostedimages-cdn.aweber-static.com 3. $MCOA has its hands in real-estate for growing, brand marketing, hemp product ventures, and...