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The elback gap trap
Shake shake shake, shake shake shake, shake yo booty
Click click boom! Bud support coming in many MJ’s starting to curl up here she comes!
The elback gap baby! Boom time!
I think tomorrow should be a nice Green Day for all my tickers end the month strong into a big June. This right to try news is just the tip of the iceberg. All it took in 2014 was Sanjay Gupta saying there is a medical benefit and a handful of states going legal. Over half the country has legalized or decriminalized in some form. Everyday we hear of new laws and pro-movements. Today the terminally ill were given back the right to choose. With major marijuana reform on the horizon it’s no surprise analysts predict this boom will be around 6.8 times what it was in 2014-2015. Vape will be of no exception when the tides begin to rise
Holy shit guys trump just legalized marijuana in th United States for the terminally ill! It’s boom time buy buy buy!
Your right it sure did break .02 nice double on that one :)
This is the calm before the storm, no one has even really put it together that this week President Trump is signing legislation the legalizes marijuana for the terminally ill. The held lines will read Trump signs right to try bill into law, trump ends drug war, trump legalizes marijuana. When that happens if your in a ticker that even mentions marijuana or tools for it, expect 10-100k percent to follow
Closing the Elback gap and boom wish I had more time to be paying attention, I’m laying brick! Holding for the run any time now boom time baby
Dip and rip baby!
Trump is signing the Right to Try bill this week making marijuana legal for the terminally ill!
It’s boom time
The more that leave the better! This big is gunna double next week, they did everything they could to paint it down and nada I’m hoping for a big run up to .035 and then consolidation to .01 maybe even a dragon fly to where we are and then .05-.1 and possible over reaction to .25-$1
Haha and not a stop loss in sight, people that are in know what they hold. No sellers under .004 except that one antsy seller who is going to be real upset when trump signs that right to try bill next week
“We have some incredible — at the FDA, we have some incredible drugs under research. So Right to Try, which amazingly was something that everyone said could not be passed — Right to Try passed, and we’ll be signing it probably sometime next week. And this gives people hope.” -President Trump
Sometime next week Marijuana will be legal for the terminally ill!
I’m not sure how to post Donald Trumps tweet. Says he will be signing right to try into law very shortly after yesterday’s press saying right to try was on his desk
Huge news just hit the sector, trump says he will be signing the right to try bill into law shortly! Marijuana is finally going to be rescheduled in the USA on a federal level!
Yes and just profit taking in general most people are happy with nearly a double people trying to flip are realizing it’s not flipable yet lol
The daily chart is showing a textbook cup and handle and the moving averages are supporting it.
Not even 3000$ has traded hands today in any attempt to go down. Wouldn’t call that losing steam. High volume in low volume out. More like people who tried to flip the 50’s and re buy the gap are finding that there isn’t an opportunity to do that. Not enough shares for sale at these prices to make a successful flip. The stock is riding the center Bollinger band perfectly. If it does dip to close that gap it will be for about a minute and virtually no one will be able to capitalize on that opportunity
The daily and weekly charts look great
This very well could try and close that gap and I will most certainly capitalize on an opportunity like that to gain cheapies to the vault! These prices have been a gift. It always blows my mind when people are extremely eager to by these crappy tickers when it’s going for 500x the valuation, yet not when it’s affordable and undervalued.
I think we will know by mid morning
The weekly chart is showing high volume in two weeks previous and low volume out this past week. Looking strangely familiar to the week of September 10-15 in 2017 before it went over the next 3-6 weeks to .035. I’m expecting to see the same thing happen here going into July and then big consolidation for the remainder of summer to a big run up going into November
The last trade was a paint job. Someone sold 76 cents worth of stock that cost them probably 10 dollars to do. Most likely to cool the rsi down as much as possible because no one has been selling $vape. Mostly because it’s probably pretty close to locked up. Soon the people holding will be able to name the price. I’m thinking .15-$1 for mine.
I ain’t scared dip and rip baby! Boom time! Close the gap no problem here I have the patience!
It’s gunna be yuge
Beast mode!
2 million in the .004’s left
That’s right big daddy slaps on the ask!
.004’s about to be non existent
I feel so bad for people trying to flip this. Invisible bids swallowing shares, they don’t do that to take a loss .0045 break and hold on to your hats it’s gunna be a wild one
I was think by 1030
Hitting the break out boards baby! It’s boom time! Twitter trending something is brewing!
That’s the beauty of it, this is going to run up before they even go current and further once they do! Then the koolaid will drive it further once they start releasing their plans to capitalize on the blooming market!
Agreed I rode Fitx from these levels to .07-.1 in 2014. Turned 30k into 200k plus with that trade. Hemp .02 - the high of .34 that’s my sale lol another family member hit grnh .04 - 1.10 similar structure
There’s no way it sees .05 and doesn’t see .25, with out question if it breaks its two highs of a penny and three cents, it’s going to look for the weekly .25 plus average
Agreed I’m still fairly new to trading in general, but if you read through the latest 10q it’s not showing that they owe anybody anything really that I can see, their just saying basically that they aren’t rolling in capital to invest in other avenues of revenue because they have made their investment in the products that they have. They sell high end vaporization products which will be in high demand once legalization hits and people with cash aren’t afraid of buying marijuana related products. Rich people are going to want the most expensive vape that isn’t “smoke” which is exactly the product they have invested in already.
Obviously just speculation at this point but I would guess that once current they are going to pump this Hard to get the price back up there so they can dilute into it for a while and secure capital to venture into concentrates for vaporization
There currently can’t be any dilution, their not current fully yet. So right now this last release shows a few things. One, their completely honest about needing more capital to venture into other profitable areas of the industry, have to love a no bullshit company. Two, they wouldn’t be working on filings to become current if they had any intention of becoming nonexistent. Three the filing shows most note holders have a share value of .01, which is over a double for us early birds. Four, the amount of debt is less than your average local boy landscaping, which means for once a penny stock that’s not way overspending into toxic debt.
There is much more to be said about the filing as well as the simple technical analysis, for now it would not surprise me at all to see this hit a penny plus in a day to weeks end time! We know it can move quickly, we just saw it run from mid .002’s to .0045 in a very short period of time
Agreed but their gunna want this a lot higher before they start selling shares! Looked to me that most of the note holders got theirs at a share price of .01 so we’ll be there before any selling occurs. My guess is we’re heading to .03-.05 before selling occurs and once where there technically the chart is going to want to check out the weekly moving average of high .20’s