TradingView
MikesJakub
Mar 26, 2021 7:53 AM

What is coming next. Long

Healthier Choices Management Corp.OTC

Description

Technical
HCMC is forming a bigger or smaller triangle. Which could lead us to 0.0028-30 but also to 0.0009...
HCMC seems extremely oversold so logically it should move up if there is some buying pressure.
In my opinion, HCMC doesn't seem like respecting technicals. So yes.. technicals are pretty bullish...
But we could as well consolidate at 0.001-0.0015 for a while and wait for the next earning or some big news..



Fundamentals
So as we all know, HCMC is in a lawsuit with Philip Morris. - neutral
However, this can take even years to finish...
HCMC also hit the earning pretty right. - Bullish
Also as we could see last Friday, HCMC lawyers did a really great job.
We still have to wait for PM's response. The deadline is on the 16th of April.
Me personally, I'm not counting on the lawsuit 100%, I also believe that HCMC has great potential.
Earning in Q2 might be crucial.


Lawsuit
If any of you wanna learn anything about HCMC and PM lawsuit I can 100% recommend you this YouTube channel "Go green investing".

Comment

HCMC has also announced its comeback of their vitamin store.
Almost all supplements have been sold out in a few hours...
It makes me think this stock is a sleeping monster...
All we need is some big catalyst.

Comment

If anyone wants some educational videos about HCMC feel free to check this playlist.

youtube.com/playlist?list=PLpCNRSpepwF4ZVLyigJJ1lrLYoCpjRnAE

Comment

Come and check my idea which is being actualized more!!

Comment

We need closure at 0.0012 or higher!
Then we could see a break out of this descending channel.
Yesterday we also saw the first green at the MACD!
HCMC is starting to look bullish!
Comments
geberlwork
This stock is being scalped daily by a few agencies. It's hard to get any movement until the volume dries up and they move on to greener pastures.
Gr8Value
how could you say they are extremely oversold when their financials are stronger than other 0.01 stocks?
plus they already have their IQCUP product on the market

regardless of their pending court case, their valuation is alot higher than what the current market is reporting.
MikesJakub
@Gr8Value, I'm just talking about stocks.. I believe in this company... I am just saying that whenever the stock goes up some weird selloff comes... And 100% stock company has better value than a lot od 0.1 companies.
More