Current price is above both the declining 40 Week MA and 200 period MA.
However, as both these are declining, bounces should not be trusted.
The price is also above the VWAP from the IPO which is positive.
Look for a pullback before making another push to the overhead trend line.
I expect price to consolidate in the accumulation phase before...
This stock tends to make big moves in the early year months and down moves in the end year months. With a couple licenses and building completion expected in the near future, looking for a $0.25 price target within 6 months from today.
SugarBud Craft Growers Corp, formerly known as Relentless Resources Ltd, is a Canada-based company engaged in alternative medicine business sector. The Company is engaged in the development, acquisition and production of cannabis in Canada.