ERBB - It does appear the rebound is now officially underway. I still think it has a shot at the .16 range but I am going to be cautious. If the rebound doesn't show strength, I will start taking profits sooner rather than later.
HEMP - The floor dropped out on HEMP and gave a good entry in the .07 range. I bought some when it hit .09 a few days ago thinking it could hold up but I was wrong. Today was a monster day however and I am back in the green where it closed at .10. Where we go from here is a bit tricky but I can't help but think it's time for HEMP to step up again head north. I'll play it as it goes and sell on weakness or a reversal sign. But however you look at HEMP, anything under 10 cents looked like a bargain to me.
DEWM - Dropped to the basement yesterday to around .005 and has been fighting back up to .0075 where it closed today which was just short of going green. I don't like to call a reversal in cases like this because I get burned too often doing so. However, I think this is a good price to get in for a swing trade or maybe a mid range hold. I bought today and plan to hold it a bit to see if it can get back to old highs again.
FITX - is an avoid until something big changes.
MCIG - Seems to have rebounded and looks like a buy at .081 for a breakout. Probably safe to by it now but I'd rather wait for the breakout.
PZOO - This looks like one to keep an eye on for a good entry. It's overextended now but may have some upside left in it. The best case would be if it consolidates a bit at current levels and lets the 8 day catch up. At that point I would look to get if it breaks 062 on good volume. I'd look for a pop if it breaks the .062 barrier even if it doesn't consolidate first but I think it will have more of a run if it does.
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