GreenGro Technologies Inc (GRNH)

[Celes]

It is possible that GRNH has reached a temporary top but I think a rally is still has potential as long as GRNH holds in the $0.037-$0.04 range, especially if it shows strength and strong support at the 50 Day moving average.

The 200 day moving average should eventually reach a level where GRNH can easily go above both the 50 day and 200 day moving average which should be a bullish technical event.

GRNH is still the best marijuana stock with the greatest potential for significant gains in a rally. It also has a legitimate business and has shown real growth and real expansion. All are positives.

The overall stock market has been down for more than a week so that is also potentially effecting penny stocks on some level.