GregFolin

$MEDH Technical and Fundamental Turnaround in Cannabis Space

Long
OTC:MEDH   MEDX HOLDINGS INC
$MEDH appears to be coming out of a bullish MACD divergence, a fresh basing pattern, a break and bullish retest of the downward trend line defining its prior directional move, a break above the 50-day MA, and supportive test of that MA.

This mirrors the company's recent turnaround/reset and fresh fundamental momentum. The company just regained OTC Markets access, got its last three periods of quarterly filings caught up, and achieved Pink Current status.

That now sets up a refresh where MEDH is ready to begin executing its operational strategy for 2021. Given the dramatic strength in the group, that shift stands to potentially pay off for existing stakeholders.

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