Share Activity Lifted for GrowLife Inc (PHOT) in Session – Clayton News

GrowLife Inc (PHOT) shares are moving today on volatility -5.41% or -0.0004 from the open. The OTC listed company saw a recent bid of 0.0070 and 10810000 shares have traded hands in the session.

Traders often prefer to focus on stocks that are higher in volatility. Higher volatility brings more opportunity for quick profits, but it can also bring quick losses. Traders will typically try to understand recent stock activity in order to make the most out of the price action. Seeing how a certain stock has traded previously may allow traders to project which way shares will move in the near future. It is highly important for active traders to know the risk involved with trying to capitalize on shorter-term price movements. Adept traders are generally able to focus on the bigger picture and not let one or two bad trades get them down. Developing confidence to trade in the stock market may take substantial time and effort. Defining long term and short term goals to help keep the focus intact may help traders secure profits.

Deep diving into the technical levels for GrowLife Inc (PHOT), we note that the equity currently has a 14-day Commodity Channel Index (CCI) of -177.21. Active investors may choose to use this technical indicator as a stock evaluation tool. Used as a coincident indicator, the CCI reading above +100 would reflect strong price action which may signal an uptrend. On the flip side, a reading below -100 may signal a downtrend reflecting weak price action. Using the CCI as a leading indicator, technical analysts may use a +100 reading as an overbought signal and a -100 reading as an oversold indicator, suggesting a trend reversal.

GrowLife Inc’s Williams Percent Range or 14 day Williams %R currently sits at -37.50. The Williams %R oscillates in a range from 0 to -100. A

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