This stock is pretty much looked at as the otc ETF for the marijuana sector. Target based on the sector. The other targets I have mentioned are based on company financials and fundamentals Business Description Medical Marijuana Inc. (OTC Pink Sheets; MJNA) is the first publicly held company vested in the cannabis and industrial hemp space in America. Through its...
Sessions' repeal of four Obama-era memorandums that affected RECREATIONAL scared a lot of frail investors which is a golden trade opportunity. MJNA's backbone is CBD-based, not recreational, not to mention holds other diversified holdings that will weather this nonsense idiotic political power play. Enjoy your free discount and 80% upside. Or enjoy holding this...
OTC:MJNA Price range is getting tighter and at this point breaking 0.20 will likely cause a breakout. Short-term, buy below 0.10, sell higher. Long-term, hold for 0.40 or more. We will be seeing important price movement towards end of 2018.
I think that Marijuana stocks are about to do their usual rise, the big returns are yet to come but this short term play on MJNA could be worthwhile. I think if you place a buy now in the .08-.09 range we can set up for profits in the .12-13 near mid-December. I'm looking for it to hit .40 cents after the new year.
This strategy is jumping the gun, but November of 2018 this stock will see enormous upward momentum.
if it can hold above the weekly 50MA might be worth the rish
Slow curve on MJNA. The idea will be broken if the curve loses it's form and price doesn't go parabolic. Stop at low prices on this curve.
See what happens at resistance this week, expecting a retrace (where you need to go long). If we push higher its an insta buy.
The entire Cannabis OTC sector seems to be in absolute peril the last few days. I know many are cutting their losses and getting out, so forgive me for being a bit of a bag holder now and and buckling in for the storm. I do not know how much further down this will go, nobody does. I've lost about $800 or so since opening today on this stock, but I'm still going...
MJNA did not perform this week like I expected it to. Admittedly I was one of those guys who thought we'd see 40 or 50 cents by now, but I will still be holding my shares hoping that in the next few weeks we can see some major moves being made with the stock. Something that I think a lot of people are forgetting on social media is that Trump will be GREAT for...
The next weekly candle will be the confirmation or not of the bullish trend. Price actually under 0.1373 that is a resistance for now If price gets over 0.1373 then this would be a confirmation of bullish trend (on a weekly basis, so for investors that intend to get profits after some weeks)
Alright so I suggest going long on some volatile marijuana stocks because of the election for marijuana legalization for some states happening tomorrow. The probability is that it will be legalized. If the election for the legalization turns sour, it could be rough so trade with caution. Here is one very volatile marijuana stock for an example. Happy trading everyone!
I had to make one more buy on MJNA today. I'm gambling big on this stock because as I mentioned in this post , I'm extremely optimistic as to how these stocks will perform after the election. Entry points are now 0.04, 0.182, 0.1280. Bring on the green rush!!!!
Not sure whats going on with MJNA that's causing these dramatic dumps. Could simply be nothing more than pump and dumps intended to allow folks to get cheaper shares before next weeks potential explosiveness. Could also be something more at work behind the scenes within the company that we're not aware of. Either way I'm weathering the storm. My entry points...
Yesterday I said that we might see a bit of a dip after the massive gains that MJNA saw. This mornings rally up to 0.27 and the consequential dip to what is now hovering around 0.16-0.18 could be an excellent entry point into this stock. I hope I'm right that these are just either weak hands panic selling or folks talking profit. I don't think we go much...