TGODF // Buy the rumors sell the news

OTC:TGODF   Green Organic Dutchman Holdings Ltd
The Green Organic Dutchman (OTC: TGODF ) has submitted an application to list its stock on the Nasdaq.
If approved by regulators, The Green Organic Dutchman will trade on the Nasdaq under the symbol "TGOD." The company said it would also continue to trade under the same symbol on the Toronto Stock Exchange (TSX).

Currently Heavy resistance located at 2.77$

Decision should come in 6-8 weeks according to CFO - Sean Bovingdon

The play here is buy the rumors sell the news. 10% price increase in 6-8 weeks range is quite possible.
However if application is rejected price will drop right away.

TGODF is seem to hold nice. It should bounce of Pink line if to touch it, that's a spot to add.

Fundamentally stock is popular , people are claiming to take a positions.
Timing matters so will watch it closely.
Comment: critical resistance 2.59 it should pass it and close with solid looking candles. Otherwise it's looking like indecision.
Comment: 2.05$ is a bottom. If it's breaks again - there's a pain, technically.
Fundamentally company is amazing. Long term holding. Way better of others.

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