Home > heikin-ashi > Three ‘marijuana’ stocks $INSY $ABBV $GWPH #markets #trading

Three ‘marijuana’ stocks $INSY $ABBV $GWPH #markets #trading

August 10, 2014

 

None of the three stocks looks good at this time.

Long entry levels:

  1. Chikou-span above the closing price
  2. Closing price above the Ichimoku cloud

 

Insys Therapeutics ($INSY) daily

  • Below the Ichimoku cloud (bearish)
  • Below the red dotted buy-stop (bearish)
  • Chikou-span is below the price (weak)
  • haOscillator is ready to hit an overbought level

 

$INSY heikin-ashi and Ichimoku daily chart

AbbVie ($ABBV) daily

  • Below the Ichimoku cloud (bearish)
  • Below the red dotted buy-stop (bearish)
  • Chikou-span (yellow circle) is below the price (weak)
  • Weak haOscillator

 

 

$ABBV heikin-ashi and Ichimoku daily chart

GW Pharmaceuticals ($GWPH) daily

  • Inside the Ichimoku cloud (neutral)
  • A close below the Ichimoku cloud is expected in 1-2 days (bearish)
  • Below the red dotted buy-stop (bearish)
  • Chikou-span (yellow circle) is below the price (weak)
  • Weak haOscillator

 

$GWPH heikin-ashi and Ichimoku daily chart

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