The marijuanna and CBD industry has been gaining some heat over the last week or so. Liberty Health has yet to break out of the falling wedge which has taken over 3 years to play out. I believe this a great R:R given the strength behind the possible upside push after forming this pattern over the years. My minimum TP given no drastic news on LHSIF is around $0.90....
i am hoping small profitable players in the Mari-Jane field become profitable enough to survive
and the space become just another commodity that the big companies do not buy it out and price gauge us
its high 29.85
reverse stock splits
1 for 4 , AUG 31 2015
1 for 5 , JUN o3 2016
1 for 3 , JUL 26
so 60 shares ...
Comparing the stock performances of familiar US MSO's to the SSO Liberty Health Sciences so far in 2020. LHS still holding a 7% gain with Curaleaf @ 3% even after the recent week of sector selling. Can't say the same for the majority of their peers though.
Liberty Health Sciences, Inc. engages in the production and distribution of medical cannabis products. Its brands include Papa's Herb, Zentient, Pretty Pistil, and Mary's Medicinals. The company was founded on November 9, 2011 and is headquartered in Toronto, Canada.
I will be spending some time to do research on this pot business in US vs California and update soonest possible.
I like what I see from the chart here. 3 years of bearish trend being broken out and the breakout is slow and steady, no violent upsurge type. At 0.5205, it is so much cheaper compared to those in California and the potential upside is also...
Liberty Health is rapidly expanding in Florida. $170M market cap versus the several billion dollar market caps of competitors. Clear change of character post earnings report. Not usually a penny stock guy but like to look for the beaten down names in a beaten down sector that have a character change. Impulse leg took out two prior peaks and looks to have made...
Bullish while holding hourly uptrend
-trade in weekly range
-double bottom shown on weekly
-broke high of initial 4hr bounce
-resistance approaching top of the weekly range
-stop loss 1.09 while playing the bull move up to the top of weekly range
-look for tightening range inside weekly range unless news
After a whopping 170% run, Liberty Health Sciences (LHSIF), Has started it's retracement, and in my opinion, it's not done retracing just yet.
If you look at the green circle you'll find a perfect entry. a bounce off of the 0.50fib level where the 55 ema and the 200 ema is located. If a bounce off takes place, there is also a chance that the 55 ema...