This is by far the better of all the pot stocks. It has broken its downward trend and is rising above the 50 ma. Also 20 ma is about to go above 50 ma. A reasonable exit point would be about 2.50., but with all of the recent emotion behind pot stocks... who knows what will happen.
IMO this is a good value and I’m in on a good position at 1.99. I expect to see a pop in the next few days once the short limits are hit. I believe this stock has about 8% short float.
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About 2.00 resistance is now support. Perfect.
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Good day in spite of the market.
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The slumbering giant has awoken. Breakout after confirmation ~2 dollar resistance. After I looked at this more I believe the next several days are going to get very interesting. The short float is still 8%. I believe we will see some quick upward movement when the limits for those shorts are met. IMO this stock is about to catch eyes quick.
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And there is a contract With Israel to purchase product. All people scanning the news will see that. I’m glad I’m in it.
I am looking for $2.50 exit point as well. Scooped some up at $1.50!! 420 Blaze it all day!
ebred
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@ChrisPtaco_32, seems attainable. I’ll be out at that point. I sold on the spike to 2.30 ish the other day and bought more when it dipped in the crash. Good luck let’s make some cash. Just don’t get overly greedy. In the long run this stock will do very well I’m sure but it will be a bumpy road there
JGM0706
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Any updates on OGI? Is hanging very low at $1,39
lauralea
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Agree. I like this one as well and plan to keep it. Thx for the chart
UnknownUnicorn4700255
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Thanks for this interesting call. Entered in it :)
@ebred, Thanks m8 ;) I took my profits after 2 good days with OGI, helped me to hedge against a bad global market. You rock my friend. If I spot some diamond opportunity I will message you!
ebred
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@AlexNes, good we each made some money. I got out too on the five after the spike. RSI is too high to hold. But I’ll be back in it again another time.