Positive Fundamentals across the hemp industry.
Double bottom on the monthly / weekly.
3 negative volume bars followed by two positive on the monthly
Positive action on the monthly and weekly price action bars.
does the bullish trend that started in June of '17 continue?
To the moon?
let's see.
- WH
Good Afternoon,
I got the others wrong I know, i'll toss it to the "growing pains" bucket. However I'm still tracking this company and things are looking good.
Licenses were renewed by the state cannabis control dept till early mid-year 2019.
www.instagram.com
www.instagram.com
Closed green today +10%
Almost 50k shares moved and accumlation period seems to...
Daily Chart Analysis:
-Long term bullish trend
-Trading at low bullish volume
-Sitting above 30/50 ema lines
-Stochastic Indicator overbought territory
-Target prices
- 2.04
- 2.64
- 3.22
- Possible retrace to 1.43 and future corrections as we test new highs.
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OTC link, llc part of otc market group was witnessed in the trading book buying 4k shares @...
May-Aug '17
-95 days, %2500 Price increase
-No volume
-Stochastic shows similar gaps as present (See arrows below)
-If you add %2000 (Conservative) price increase to the low of 2/28/18 @ no volume, measurement puts us @ $30.00
by late June.
- Higher lows along the way (corrections) and increased volume to be expected.
Current price: 2.23
1st target: 2.58
2nd target: 2.80
3rd target: 3.00***
First two targets can be reached with the first pump of the day before the lunchtime correction. Third target most likely on Friday's morning pump.
Volume indicator shows no volume
20,30 200 exponential moving averages crossed on 2/13/17 at the close of the 0930 bar confirming the...
Technicals:
-Low volume pullback
- 30,50,200 ema convergence
Company Fundamentals:
- 3 licensed approved for real estate expansion. This will allow more growhouse space for plants
- Two strong subsidaries
- Active owners who locked in a portion of their shares for 3 years while they work.
More fundamental info here:
investorshub.advfn.com
