$CBDW broke the downtrend lineOTC:CBDW broke the downtrend line in a big way. With news out today as a catalyst this has big run potential.
Key stats
About 1606 CORP.
1606 Corp. manufactures tobacco products. It offers creating nicotine-free and tobacco-free alternatives to traditional cigarettes and vaping products using industrial grade hemp, and promoting health benefits such as pain management, reduced anxiety and enhanced wakefulness. The company was founded in February, 2021 and is headquartered in Phoenix, AZ.
$CBDW nice uptrend forming hereOTC:CBDW steady uptrend has formed, watching for a continuation next week to see if we can retest and break .10 from the last run.
$CBDW broke the upper bollie on Friday on massive volume.OTC:CBDW broke the upper bollie on Friday on massive volume. Last time the upper bollie broke, it proceeded a run to .20+. On watch for continuation.
$CBDW wedge ready to breakWedge is getting tight here, going to need to break one way or the other soon. I'm guessing with the support we've seen at .03+ this will be to the upside.
$CBDW wedge pattern looks ready to breakoutI've called several breakouts with OTC:CBDW in the past and this time looks no different. Clear support at .03 with a wedge breakout setting up here!
$CBDW downtrend broken, new uptrend formedOTC:CBDW just cleared major resistance at both the 50 and 200 DMA at .04. Downtrend has been broken and new uptrend is forming.
$CBDW new support line formedOTC:CBDW pulled back to support at the 200 DMA at .04. New uptrend has started, slight pullback here seems to support along with 200 DMA seems like a good opportunity.
$CBDW sitting at long term supportLooking to break this descending triangle, as we sit above support at .04 (200 DMA).
$CBDW 2nd bull flag breakout setting up?OTC:CBDW looks to be setting up for the next bull flag breakout from here.
$CBDW Bull Flag Pennant Pattern Forming OTC:CBDW setting up to break out again as a bull flag pennant pattern is forming.
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Frequently Asked Questions
The current price of CBDW is 0.0100 USD — it has increased by 6.95% in the past 24 hours. Watch 1606 CORP. stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on OTC exchange 1606 CORP. stocks are traded under the ticker CBDW.
CBDW stock has fallen by −4.76% compared to the previous week, the month change is a −25.93% fall, over the last year 1606 CORP. has showed a −77.53% decrease.
CBDW reached its all-time high on Jan 20, 2023 with the price of 14.0000 USD, and its all-time low was 0.0078 USD and was reached on Nov 14, 2024. View more price dynamics on CBDW chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
CBDW stock is 16.85% volatile and has beta coefficient of −0.90. Track 1606 CORP. stock price on the chart and check out the list of the most volatile stocks — is 1606 CORP. there?
No, CBDW doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
Like other stocks, CBDW shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade 1606 CORP. stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So 1606 CORP. technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating 1606 CORP. stock shows the strong sell signal. See more of 1606 CORP. technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.