Here is a beautiful setup of a stock that's about to receive a secular reversal. Volume comes in then after a few weeks the weekly crosses above the 30 week and then begins to bounce on the moving average. The momentum indicators are also pointing it up. I drew a short term target trend line, but this stock is set up for a big reversal. Enjoy :D
DAVIDsTEA, Inc. engages in the retail of specialty tea. It offers a selection of loose-leaf teas, pre packaged teas, tea sachets, and tea-related gifts, food, and accessories through its stores. The company was founded by Herschel H. Segal and David Segal on April 29, 2008 and is headquartered in Mount-Royal, Canada.
SHORT INTEREST
592.54K 08/30/19
P/E...
Goes completely against my rules, but with the way this sector is moving, and considering how much money people have made off IGC and NBEV, this thing has a high chance of following through tomorrow.
Also, this stock only has 7 million in the float. Also, a big seller cashed out!!!!!!!! I haven't had time to check warrants, but judging from the price last...
DAVIDsTEA partnered with Loblaw to sell 15 pac tea sachets in August. Loblaw owns Shoppers Drug Mart which received Canadian license to sell medical marijuana on Sept 21. Shoppers signed agreements with 3 marijuana producers like $TLRY in January. www.thestar.com
$DTEA partnered with Loblaw August 14 to distribute it’s iconic brand tea in 15 pac sachets. $DTEA has 240 stores across Canada & US. Loblaw owns Shoppers Drug Mart which received license to distributed medical marijuana on Sept. 21 same day DTEA soared to $5.35...
DTEA had spikes in price and volume in the last two days. The company reported they don't know what caused the massive increase in trading.
I suspect it was a pump and dump where some traders with plenty of money made relatively large purchases in the premarket, with the goal of inflating the price before market opens.
After the price increased significantly and...
DAVIDsTEA, Inc. engages in the retail of specialty tea. It offers a selection of loose-leaf teas, pre packaged teas, tea sachets, and tea-related gifts, food, and accessories through its stores. The company was founded by Herschel H. Segal and David Segal on April 29, 2008 and is headquartered in Mount-Royal, Canada.
DTEA
