HEXO road the 50MA all day today
Just crossed the 9MA and about to
cross the 20MA...does this mean
we are about to see a breakout??
What we can say is that the rest of the
MJ Stock Index is also in the same START
Is this a "CALL" to action??
Govt Bailout - Check! - Eligible for $1B
Passengers back flying - Check!
EU opening up to International Airlines - Check!
Oct 22 or 24 CALLs could work!
Look for the DIP and BUY Monday morning
based on futures right now!
APHA will likely dip towards the 200MA
on the open but then will raise to get
back into the previously established channel
on its way to:
1st TARGET - 7 and 25pennys
Half a BILLION in $$$$
This company has a STRONG balance sheet!
Do you see what we see?
Trends are trends...
But Flags are Golden....
Now which way??
Revenues up 30%
Gross margins at 40% (which is excellent)
Operating Expenses DOWN
Expanded Partnership with Molson Coors to
explore US CBD in CO.....
All we can say is that when Revenues go up 30%
from Quarter to Quarter...
ya that is a positive for this stock!
From Light of the 5th Moon.....
Earnings around the corner from that!
A license to SELL RETAIL from HEALTH CAN!
Many many things are coming together
4HEXO it has been a long road, some of the greatest challenges
are about to be overcome....
The UDS/CAD has the Canadian Dollar getting stronger, Oil is slowly going where it needs to and the COVID is weak in the Country
With the BoC making a statement on Wed it looks like negative interest could be on the books!
So which way LOON??