Well-known for offering herb and hemp-based alternatives for nicotine cigarettes, Green Globe International, Inc. (OTC: GGII) is grabbing investors’ attention as its subsidiary is preparing for its NASDAQ IPO. With the company’s subsidiary set to start trading today, GGII stock could be one to watch as it could be a sympathy play for its subsidiary. Meanwhile,...
This tobacco company has been up two days in a row 300% with no catalyst or reason why guessing this is being pumped, terrible financials back in October 2021 it had a similar run and dip. Will be looking to play a pattern 6 once this flattens out.
>Wait for it to run
>Wait for 4 to play out
>Wait to establish support |VVVV| get in before 0645 NZT
>Buy at...
Really great dip buy her around 20% bounce
The support level was correct at 0.00104
Timing between 3:30am NZT to 6:30am NZT
Observations this cliff was steeper than I thought dropped over 40% will not paitence for the pattern 4 for next time.
may go up, on support breaking 10sma mac d looks good, nice BB contraction with rising price action, adx has some way to go, obv is picking up, lets see what happens
upon review i sited no signs of divergence when combing rsi with price action.
on OBV indicator some selling pressure can be seen starting to increase
200 sma is still acting as support for current trend.
20 sma is retesting 50 sma.
rsi is coming back up to retest 50 after dropping from a high of 70
The Barchart Technical Opinion rating is a 100% Buy with a...
Upon review I did not see bullish or bearish divergence when combining rsi with price action.
Buying pressure increasing.
Rest of explanation is charted,
Thank you.
The Barchart Technical Opinion rating is a 100% Buy with a Strongest short term outlook on maintaining the current direction.
Long term indicators fully support a continuation of the trend.
The price is above the 20 sma- Bullish Sign
Trend had long bullish candles only green towards market close- Bullish Sign
Positive crossover, 20sma over the 200sma- Bullish Sign
GGII had a major run today, could shed some of the gains Monday because the move was so massive but the trend still shows bullish momentum moving forward.
