Monday, March 4, 2013

$PHOT with some Charts

Looks like the the whole Cannabis sector has been consolidating. Most of the charts look the same. PHOT also had another down day and this is after announcing a few days ago with their plans to continue progress with their one stop shopping site with everything relating to Cannabis. Friday we closed @ .0722 and opened below that today @.0701. Volume was light like entire sector with only 5.66 million shares traded and closed @ .0689. I look for volume to stay low until the FEDS get off their butts.
Weekly Chart Here
Daily Chart Here
30 Min Chart Here

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