Level8Trading

CSE:SPR - Huge potential. Are the technicals finally lining up?

Long
CSE:SPR   SPROUTLY CANADA INC.
As the cannabis beverage sector starts to get more attention Sproutly is one to keep your eyes on with their disruptive (likely) process for EXTRACTING naturally water soluble cannabinoids. Their patent pending process doesn't just break down oil based hydrophobic cannabinoids and emulsify them into a wanna-be beverage, they actually EXTRACT the naturally occurring phytochemicals from the plant. This is likely a game changer in the long term.

As exciting as the above is, it appears the technicals of the chart are finally lining up for long term entries. I have begun a position at $0.42 with the intent on adding more depending on how the market moves. I have entered on the daily trend change with hopes I also get in under the weekly trend change. I intend to hold for a period of 8-12 months or longer. For me, this is a long term investment that I believe could be a 5x or more. I would never make such an audacious prediction as its nearly impossible to foresee such insane revaluing, but if a company was likely to do such a thing, Sproutly could be one.

I have detailed why I think the chart has started shifting favorably.

Do your own due diligence before you invest in this company, but I think you'll see the massive potential as I do.

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