This is the first weed stock that I've looked at, and will be watching. I have a family member who received a "tip" that Charlottes Web Holdings has tremendous upside. I have not yet done any DD
on this OTCBB stock, but I like the looks of the chart. It appears to be solidly trading in between the limits of the pitchfork
I have laid out, and is currently on what I believe to be a solid overall uptrend. Looking at the fib circles, this one will be SUPER easy to pluck off pivot points
because of the nice volatility
, and the clear & distinct trading channels. This is a dream-come-true for fib circle analysis. I'm going to track this, and provide updates possibly once per week, and MAYBE look into getting a small position. Knowing that the Cannabis industry is in the infancy stage, it might be wise to start studying some of these companies.
If you have knowledge of the Cannabis industry, or Charlottes Holdings Inc, please share your thoughts, tips, and wisdom!