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Do not buy... wait
- double top
- weakening volume
- Bearish divergence RSI
- Bearish divergence MACD
Give this some time to consolidate after the crazy moves---currently just as good of chance of whipsaw as profit
If breaks $10 then get LONG!- hopefully this is the case
NBEV is a buy.
NBEV is in the midst of a strong 3rd Wave.
Trade Pice: $4.68
It’s narrowed maybe squeezing. IMO
...came to mind when I was posting. Lets see how it goes.
..a single bullish case here.
.similar setup to 60min Techne Corp circa 3/2012.
As technical traders, we always enter and exit trades from a technical perspective. It's the whole reason we look at candle stick charts and draw trend lines all over it.
On to my personal trading, NBEV has definitely caught my attention. As one of the stocks that is riding the cannabis legalization hype, it's been reported in many social media news that
NBEV was caught up in the Cannabis hype and is another overvalued stock. Trend diverge with oscillator, and I believe the entire Cannabis market is under pressure. I definitely think it could bounce another time, but I see it going down sharply.
WEED is the new BTC
Not much to really say.
Weed stock on Redbull and volatilized cocaine. Nothing but the roof of the sky above--and that might get blown through.
We have landed in a new level of support! Lets see what happens.
NBEV, pot infused drink - is on a roll!
Currently already in a position for this.
If I wasn't I would be eying this setup.
-Not Financial Advice.
Having reached the 0-76 Fibonacci retracement and stopped here, we can expect a new wave up.
NBEV looks bullish to me, they have recently released a picture of a cbd soda, very interesting play this one safe.
Based on recent technicals and volume indicators long NBEV.
Seems to be worth a shot.
Tread your path attentively
NBEV TRADE IDEA GK PLAY - OVERSOLD PLAY
Coming out of RSI oversold territory with a bullish
macd signal and a nice green candle closing
above the 20ma could see a retest of the gap fill
from April 18 to around 2.09 and then perhaps
the 2.17 and 2.26 short term PT's.