YGYI has held up nicely above its 9ema and 50ma, and is now attempting to break through its gap resistance.
Its 9ema recently crossed over its 50ma.
Buying the breakout would perhaps be a safer play.
Buying here with a tight stop below the 9ema or the trendline is also a good risk/reward setup.
The Djinn Predictive Indicator can be off by 1 Candlestick.
On very rare occasions the Indicator is off by 2 Candlesticks. If the indicator is off by 2 candlesticks it indicates a big price move in the future.
The 30 day Linear Regression Channel is used as a trigger. When the upper or lower Linear Regression lines meet the FUTURE price swing dates...
Bullish Flag with CBD innovation fueling the next swing up; great buying opportunity.
Summary from Article Linked:
Youngevity's market cap is less than 1x 2019 revenue without considering CBD.
The company seeks to create a field-to-finish hemp business.
Investors can make a CBD play knowing that the coffee and direct selling aspects of the company offer stability.