ZackS86

NBEV Firing Long on 4 HR: Potential Long

Long
ZackS86 Updated   
NASDAQ:NBEV   None
Here is another trade I recently entered.

With the recent news of anti-marijuana AG Jeff Sessions retiring, NBEV so a tremendous increase in buys yesterday on the good news.

Currently firing off long on the 4 hour TTM squeeze and rumoured news of a buy out by cocacola/pepsi/etc, I believe the target provided would not be too far of a stretch.

I don't generally trade pot stocks, however it looked to good for me to sit ideally by.

1st Profit target @ 5.10 already hit for me, 2nd around 7-8 and exit position 9-10(only if buyout occures)

Good luck.
Order cancelled:
NBEV Just announced that they will be doing an Public Offering , thus diluting the share holders price.

No longer interested in this stock.

Exit.
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