KGKG came back from the dead today but is that news going to be enough to keep the trend going next week?
"The company announced distribution through 15 new distributors in 14 states. The deal will see Kona Gold’s hemp energy drinks and CBD waters go on sale in new markets. The company is now partnered with 31 distributors and has distribution in 30 states. Chris...
KGKG is my favourite penny stock at this time. Not only is there little volatility (figuratively speaking almost none when compared to most other penny stocks), but the company continues to post strong revenue numbers quarter to quarter.
They focus on Hemp Energy Drinks which is a strong and growing trend that will not falter or disappoint as we move through...
FA: Kona Gold Solutions, Inc. Cancels Preferred Shares and Lowers Number of Authorized Shares $KGKG seekingalpha.com
FA: Annual Financials for Kona Gold Solutions Inc.https://www.marketwatch.com/investing/stock/kgkg/financials
- they are forecasting a for by next quarter 2019
I'm very long KGKG; this company will be acquired. It is only a...
Sit back and have a Kona. Arrows are exactly the same besides the last one leaving two options. Get back on the old arrow pattern or continue with a different upward arrow as the last rise. Could potentially see a cup and handle.
Looking for reentry at .0501, .0524, .0479 .0384. There is also a daily GAP at .0668 for early higher risk entry. Always stagger your bids, nothing is certain and TA only shows what could happen, not what will.
- Lower low in the MACD could offer a lower entry for those stink bids
- Symmetrical triangle
- BBands squeezing
- Consistent consolidation at current levels
Above are the KGKG support and resistance levels. I love how the 20 day MA provided support for this bounce and I love how this hump fractal lines up with the previous hump fractal. Can you spot where we are? My drawing tools on TradingView are glitchy today or else I'd draw it for you. Guess what comes next?
There are so many things I like about this chart and company, I barely know where to start. But I guess I'll work through it chronologically:
You can see the last few steps of it on this chart, but if you look even further back on the chart, you see a clear series of fractals where every marijuana season, KGKG has a big run. However, unlike many scammy MJOTCs,...
The KGKG chart is looking really good. First off while it is influenced by the boom/bust hype cycles of MJ season, the downsides are a lot less severe than many because this is a real business with good products and real sales. The clear bottoming on the chart is a full 100% higher than the previous low. You can see the clear fractals of the huge run of an MJ...
Kona Gold Solutions, Inc. engages in the creation of products in the hemp niche market. It focuses on the energy drink, energy water, and apparel markets. The company was founded in 1997 and is headquartered in Melbourne, FL.