Medipharm Labs's 50-day and 200-day moving average lines are a quarter of a penny from forming a GOLDEN CROSS, a strong BULLISH signal.
Extrapolation of these lines strongly suggests that they might form a GOLDEN CROSS this coming week.
Also, the Accumulation/Distribution indicator has clearly been trending upwards.
Tradingview's current technical analysis...
Looking at a potential low risk high reward play here.
Although i pointed out the previous bull run above, I don't expect anything close to that happening at all.
We are currently under a death cross and earnings are coming up, note it usually dumps at earnings after all-time-highs.
This is a company I am looking at long-term though so I will buy small at this...
Dear Traders,
What a run for $LABS! I'm very happy for those who entered a long position around 1.95C$ you did an excellent job.
$LABS also retraced a bit after that first leg up, but the bulls are strong and a nice reversal occurred!
What now? Well, we did finish the week in a strong way, and indicators are showing buy signals all other the place.
$LABS...
Dear Traders,
Let's look at $LABS today.
I waited for this TA because I need confirmation, and look at this reversal! LABS shows its ready to pop!
In the interview Pat, the ceo of LABS, said there is good news coming! What a start of 2019 for this great company!
Keep your eyes on the charts!
Dear Traders,
I hope all of you had a great X-Mas and drunk a lot during the new year's eve!
And I also hope lot's of you made good money in 2018!
If not, your doing something wrong or you simply did not have the gut to cut losses at one point.
Anyways to day let's have a look at KHRN for a Swing trade! Chart is looking really good on the 1Hr timeframe, Look at...
Dear Traders,
LABS got Halted pending on news, and what a news release!
I was waiting for Medipharm to release some news and we finally got some!
''Under the 18-month agreement, MediPharm will supply up to 900kg of cannabis extract for sale to Canopy Growth and its subsidiaries. Canopy Growth has committed to purchasing a minimum of 450kg with an option to...
Dear Traders,
Medipharm is looking like some sweet honey on a goat cheese cracker!
They announced some pretty nice things this month, they obtained their License and the day after they announce a Partnership with Supreme Cannabis! They will make sure Medipharm is equipped with the best High Grade Cannabis you can get to let medipharm create High Grade CBD Oils...
Dear Traders,
Let's have a look at Medipharm.
MediPharm Labs Corp . (TSXV:LABS) is a leading B2B Canadian cannabis extractor, producing purified pharma-grade cannabis oil and concentrates for the development of cannabinoid derived products. As part of their B2B model, MediPharm Labs supplies raw materials, formulations, processing and packaging for...
Dear Traders,
Medipharm had some nice activity news wise this month and traders are buying again.
All I can see on the daily chart is that we are above the 50 RSI, which is bullish, on the hourly chart we are touching the 100 ma which will define if this is a reversal or not. If we succeed in holding above 1.60 then this could be a very good swing trade.
I...
