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pharaohtrader
May 3, 2019 3:11 PM

Break of 3.80 takes us to 4.20 Long

GREEN GROWTH BRANDS INCOTC

Description

For those who don't know, GGBXF (Green Growth Brands) is a CBD-focused brand heavily emphasized on having a retail presence. In my opinion, the growth of this company is inevitable. And once more attention is brought towards the company, a double digit stock price seems highly plausible.

In terms of the chart, we are in an uptrend currently but are having trouble breaking the 3.80 region. Depending on the other cannabis stocks, if we can continue to grow collectively, we should see a break of 3.8 towards 4.20. I have placed my buys right above the 3.80 region and will collect profits at about 4.18.

Comment

Very interesting price action, my sell orders at 4.18 did get hit and I am looking to re-enter at the 3.60 accumulation zone.
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