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Strategies & Market Trends : Dino's Bar & Grill -- Ignore unavailable to you. Want to Upgrade?


To: howestreetbull who wrote (54415)2/7/2019 7:24:52 AM
From: howestreetbullRead Replies (1) | Respond to of 202891
 
CANN.ca Weekly T/A ,
After a solid year of downtrending action it appears as thou CANN.ca is starting to gain some traction, the stock had declined from 0.84 during the week of Jan 08th-2018 to the 0.15c floor it reached during the infamous Dec 2018 cannabis stock selloff. This formed a nice technical double bottom from the 0.14c level which it was halted at preCOB(Nov 01-2017) and the Dec low. The downtrend was broken during the week of Jan 14th when the stock reached the 0.21c level.
In recent weeks the stock is being aggressively accumulated as can be seen by the transition in the ACC/DIS line and the overall volume trend since the Dec 18 lows. As most of the long time followers here know we started recommending this stock at 0.04c so even with the horrendous 2018 retreat we are still up some 637.50% at todays close of 0.295c although well off the 1942.37% gain at the peak.
Although it has nearly doubled off the 0.15c bottom I feel the story has improved fundamentally enough with the recent board additions and acquisition completions to recommend people get reaquainted with the story. If you were fortunate enough to take some profits off at the top this may offer another opportunity for entry, as from the technical action the stock seems poised to climb the other side of the mountain.
cheers,
hsb
schrts.co