dburke44

dburke44

Big support here at $8.00. I dont think we hold it off the bat but I expect us to retake it later in the day. Ideally I would be looking to buy back at 7.70 for a low risk play of about 10 cents or if we drop a bit more. 7.20 should be the final stop. We closed with a fair amount of bear volume so dont look to jump at the bell. let this one play out a bit and...

dburke44

We have a nice downtrend going which should meet a huge support tomorrow at 9.90. This is also a big support on the daily and weekly. I will be watching this level as it should be a good support. This would be a buy on a touch, bounce and then a retest. I would get in here and risk 20 cents with a stop at 9.69. Further to that you will have a bottom fishing play...

dburke44

You can make out ok Buying CRON at 9.00 and selling around 9.60 (I tried shorting here and they wouldnt let me). Until we get something big however I do not see this ceiling being breached. CRON has been a beast just putting up with the recent downward pressure and I root for it every day but I believe this to be the truth.

dburke44

First four hours seen us lose 25 cents second 4 hours seen us gain it all back. ACB still looking strong and look for it to continue the trend up. Bears did their best but could not manage to beat this stock down. I am still in here and have been since 8.50. Tomorrow anything below 8.60 is a buy and I believe we make a run at 9.00 or maybe even 9.25. Absolute...

dburke44

This trendline is strong expect the SPY to hold steady there. We should take another run at 270.00 tomorrow.

dburke44

It looks like we have now returned to normal. We have a strong trend from the beginning of the month that we have just rejoined. The first four hours seen us drop 3% while the second seen us gain it back. Today almost felt like a loss but in a sense it was overall a wash. It may not seem like a win but a close above 30.00 puts us right on track to really start...

dburke44

I was calling for a breakout yesterday however we did not see much action. Pretty average for a Tuesday. I said 10.80 was a final support and we defended that pretty well. We are following a nice major trendline up all the way back from the start of the month. Today kind of felt like a loss however going back to the charts we moved really all of 20 cents. Bulls...

dburke44

CRON lost track of the trendline today and it seems to have build up a great support at 9.00. Some resistance at 9.30 and major resistance at the 100 million buy price of 9.60. Some nice swings to be made riding the CRON coaster up to 9.60 and down to 9.00. I think we will need a major catalyst news wise to send us over that 9.60 for good but that could be coming...

dburke44

I was not impressed with APH but then I looked at the daily chart and found a nice trendline. Its not weak it was just returning back to normal!!! Although it did not have the best close like the others APH still is holding a nice upward trend. I dont think it rockets as quickly as the others to start the day but I can see it catching up later in the day or the...

dburke44

ACB seen a double than average bull spike in the last 5 mins. Should bode well for the future. 8.73 is our last major resistance before we run into the 9's. I think we take it at open and run from there. Ive been holding since 8.40 and will dump around 9.05 if it looks like we wont stick there. I love ACB though so I would be looking to buy back in around 8.70 on...

dburke44

Weed in the last 15 mins had a dump from 30.70 to 30.44. As soon as WEED broke that 30.50 mark, a previous resistance that the bulls finally conquored this afternoon around 2pm, The bulls came out in full force running the price up at the bell back to 30.60. We had above average volume from 2pm on. A good sign people are coming back. Look for a strong open. We...

dburke44

Well 8.95 is technically where the support is. We lost and were rejected by the 200 hour MA at 9.30 expect this to be a future problem and 9.60 sent us packing 4 times. I dont see this being broken without a big news release that shakes the whole sector up. 4/20 may provide that but I think its more likely to come in June when the 3rd reading passes.

dburke44

We should see ACB continue down to start the morning. We have the 100 hour MA at 8.36 that may hold as it has held a few times in the past. I would be looking for this to test and retest before buying back in here though. The final stop where a ton of support has built up is between 8.05- 8.10. I would go for a bottom fishing play and buy here and set a stop for...

dburke44

WEED is still looking strong. It held up better than I thought. I still think we bleed a little as the rest of the sector should drag us down however. We have great support at 29.50 and then the 100 day MA after that at 28.70. 29.00 is a going to be a psychological support however I dont see much holding it there on daily. Like the rest expect a good dump in the...

dburke44

Bears took complete control setting then closing at the low of the day. I mentioned yesterday after a big run APH likes to give 50%. Well 50% lines up with a A 200 day Moving Average and a the trendline that matches up with what should of been the proper trend. On the previous few touches of 80 on the hourly RSI we seemed to turn things around at 43. All of these...

dburke44

CRON looks good. Holding that nice trendline closed above the 200 day MA and the 9.60 ceiling. If CRON can open strong and continue to hold 9.60 on the open then it looks like 9.60 will now be the new floor. However with the other stocks looking like they are ready to pull back I expect them to drag CRON down with them. I will be watching CRON from the sidelines...

dburke44

Weed closed just under the 200 MA on the 1 hour chart. This MA is sitting at 30.95. A strong open and 30.95 will be our new support. We should then make a run at 31.75. If we reject then I expect support to kick in around 30.20. These do not mean we are back in a downtrend but with no news and weak volume at close I dont expect a strong open. Ill be looking to...

dburke44

Like APH very difficult to read today. These are the least confident calls ive made. However I believe I have a better read here as ACB likes to travel in nice waves. The yellow trend line is where I believe this stock will end up. Therefore I think we pull back and test somewhere between 8.60 to 8.75. A strong open could reverse that. A break and hold of 9.30...