Monday, April 20, 2015

From the Desk of Top Market Timer Mark Leibovit

Using the Sequential VR (posting of all VRs for the time period selected), A weekly Leibovit Positive VR was posted on January 5th, March 6th and this past week (4/13) - all clearly defining an uptrend for GWPH (GW Pharmaceuticals) - the leading Medical Cannabis play.  Normally, I would expect to see an orderly advance, so a retracement back to 102.90 would be expected.  Beyond that, using my 'Swing Theory', a potential move to 164.76 is a strong possibility over the near-term.

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