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BLEG +35% with first bids in .30s
Looks like BLEG may be starting to be discovered by the market today
Sleek
CNABQ has been the most explosive play so far this week
It entered The 2021 Grand Salami at .02 on Monday, February 8th at 9:30AM, and now 2 days later it has already more than tripled in price, hitting a high today of .067
It closed yesterday at .025, so the move in less than 1 hour of trading today to .067 represented an intraday gain of 168%
Now it’s pulled back and is trading at the .04-.05 level
Very small float to price ratio and was undiscovered by the market until this week
So it’s still very early in the discovery process, which is difficult to find in the MJ sector
Sleek
Yeah, it’s a sit back and watch kind of day no doubt
Just beautiful stuff
Sleek
SIPC +38% at .02
Today looks like SIPC’s day of market discovery
Sleek
AMMJ starting next surge
Sleek
CNABQ +140%
Sleek
BLEG volume increasing here
Bid has thickened considerably as well
Sleek
CNABQ volume almost 5M only 40 minutes in
The all important float turnover is in major effect here
Sleek
SIPC warming up here at .017, which is the breakout point:
https://schrts.co/WBBuRXCE
Sleek
KGKG very heavy 6M volume, continuing breakout from yesterday in .05s
Sleek
ISOLF broke resistance at .15, currently +14%
Sleek
AMMJ +17% looks very strong on heavy volume, broke .41 resistance
Sleek
CNABQ now +100%
I got pretty excited about CNABQ last night for the following reasons:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161673390
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161674097
Sleek
CNABQ biggest mover so far today +80%
That .03 level was broken right away and now there’s no real resistance until .15, as I spoke about yesterday:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161670733
Sleek
At the rate things are going right now, pretty soon there won’t be very many sleepers left
Ihub is a very small fraction of the overall trading community
So relatively speaking, SIPC is still a sleeper until the volume comes in
All stocks have different discovery dates
I noticed big money really just started moving into the Hemp & CBD Sector last week
Just as it always has in the past, it started with the bellwether stocks, and then moved into the stocks with over-diluted floats that put out hype-filled PRs several times per week
So I expected KGKG would probably be next in line, because though they don’t put out fluff, they have been communicating regularly to the market in 2021
And I viewed KGKG as the next really well-known name in the CBD Beverages sector after the over-diluted fluff PR plays
Stocks which don’t PR as often generally take a bit longer to get discovered
The Hemp & CBD sector is a much newer play for the cannabis investor in 2021
Unlike what we’ve seen in MJ stocks, we are only 1 week into the discovery process for CBD plays
Sleek
Sure looks that way right now, let’s see how things look once the market opens
Sleek
Gmorn BPTH
Sleek
Premarket Level 2 looking good all around
Sleek
Good morning everybody
Sleek
The difference between 2021 and 2016 is that 2016 had a dated catalyst, Election Day 11/8/16, whereas 2021 is completely open ended
There is no due date
There is no expiration date
This is as wide open a setup as is even theoretically possible
MJ Legalization is a distant event right now, but it will continue to pull the sector forward
MJ and Hemp/CBD Banking via The SAFE Banking Act is also a future event without a date
CBD Legalization is an absolutely enormous catalyst without a date
NY passing MJ Legalization is a future event with no date
CA passing CBD Legalization is a future event with no date
This is a very unique setup
There is simultaneously a beautiful complexity to the timecourse and sequencing of cannabis catalysts in 2021, and a beautiful simplicity inherent in the excitement surrounding them
This is living art
That’s where we are right now
Sleek
I don’t know, but it’s certainly trading more than fine just the way it is
It may actually be advantageous at this juncture, if it allows it to stay under the radar for a bit longer than it otherwise would
If so, then more people can get in at these rock-bottom prices, and it might be easier to lock up the float very early on during the course of this mania
This feels a lot like 2016, insofar as those who sold early on during the mania wound up regretting it, with many feeling “forced” to buy back in at higher prices
In 2016, all the floats wound up locking up after a few weeks, and that’s why we saw that amazingly spectacular parabolic movement that ultimately resulted in those 2000%-5600% gains by the end
Sleek
One other observation about CNABQ
And this may or may not be meaningful
It’s just something I noticed right now
Take a look at the CNABQ chart:
https://schrts.co/GHfntRXY
There aren’t very many trading days over the past 6 months when CNABQ has closed at the high of the day
It’s only happened a handful of times, most recently on 1/22 when it closed at the daily high of .0097
The very next trading day, CNABQ gained +157% and closed at .025, its highest close in the past 6 months
Over the past 3 weeks, CNABQ has spent time consolidating and digesting that tremendous 1-day move from .0097 to .025
Today it closed for the 2nd time in 6 months at .025, the difference being that this time the close was its daily high as well
The flat top candle 3 weeks ago predicted an enormous 1-day breakout the following day
Will we see some type of repeat of that tomorrow?
Does the close at the .025 level this time around, after 3 weeks of digesting that 157% daily gain, signal to us that CNABQ is about to take flight?
I guess we’ll find out together tomorrow
We are all about to partake in a uniquely beautiful and majestic journey of observation, learning, and discovery
It’s an experience I’ve craved since 2016
There simply isn’t anything else like this
Sleek
Just like I saw a huge gap in the ask on Level 2 in ISOLF yesterday between .10 and .15, I saw the same type of gap in the ask on CNABQ today between .025 and .029
The ISOLF gap turned out to be authentic, because yesterday when ISOLF took out .10 on the ask, the next ask showing was .15 and somebody bought the ask and received shares at .15
So there weren’t any hidden asks out there
I knew that was a very strong predictor of a big day the following day (today) in ISOLF, because it meant that nobody really wanted to sell ISOLF yesterday below .15, so it made sense that few would want to sell ISOLF below .15 today
And that’s why ISOLF was up +82% today
Nobody wanted to sell it below .15
The difference between the gap in the ask I saw yesterday on ISOLF, and the gap in the ask I saw today in CNABQ between .025 and .029 is that nobody tried to buy shares at .029 and after a few seconds, the ask at .025 repopulated
So I can’t say that had someone tried to buy shares for .029 when that was briefly the ask price after .025 got taken out, that person would have received shares at .029
But it doesn’t really matter, because it’s more important as an indicator of selling interest, or the lack thereof, below a certain price
So Level 2 tomorrow in CNABQ could wind up looking different than it appeared late in the afternoon today, or like ISOLF, it could look pretty much the same as it did late today
If we see tomorrow in CNABQ play out similarly to what we saw today in ISOLF, then I would expect very few shares for sale below .029
.03 is the breakout point for CNABQ
After that is breached, it could get pretty wild
I guess we’ll find out tomorrow whether or not anybody wants to sell any significant size of CNABQ below .029
But I just wanted to put this out there, because I caught it on Level 2 today and it gave me some instant deja vu from 24 hours earlier
However tomorrow winds up playing out, I’m sure it’s going to be an interesting day
I would encourage everybody out there to get some proper rest and good hydration in tonight, and that definitely applies to me as well :)
Sleek
We should see the CNABQ Golden Cross this week or next week
https://schrts.co/GUsZpPmv
Sleek
ISOLF Golden Cross predicted its big move, which has only just begun
https://schrts.co/WxbwgEVF
Sleek
KGKG Golden Cross is imminent
https://schrts.co/SwtgzzXe
Sleek
Will AMMJ run tomorrow as well?
I think it looks pretty ready to start the next leg up:
https://schrts.co/BdiDfNRj
Remember what happened last time, just before AMMJ took off from .18 and ran straight to .40
Some people thought it was a good idea to sell and take profits from the big run that took AMMJ from .08 to .25
Those sellers moved the stock down from .25 to .18
Smart money was buying every share they could get below .20
So the stock put in a nice bottom at .17-.18 and after a few days it took off like a rocket and ran straight to .40
Those who sold really missed out on a huge move
This time around, everybody who owns AMMJ is all the wiser
Given the volume behind the move from.18 to .40, selling has been pretty minimal — experience is the greatest teacher
We all now know that AMMJ simply isn’t the kind of stock that needs to retrace very much, even after it goes on one of its epic runs
Instead, it tends to consolidate intraday, and only requires a few days for it to establish a new base from which to launch again
And this time around, smart money has been lining up around .35 and soaking up everything they can get their hands on
There is another difference between this week and 1-2 weeks ago when AMMJ was basing at .18 — the MJ sector is a lot hotter right now than it was 1-2 weeks ago
And AMMJ looks pretty well rested to me
So whether we see it tomorrow or the following day, I do think AMMJ will join this week’s party and take off on its next leg
How high will it go this time around?
I’m going to wait and see what the volume looks like before putting any thoughts on that topic out there
That will be the biggest determinant of our next temporary pit stop up the charts with AMMJ
This stock is one that has everything a MJ stock needs to go the distance
It can run for the entire duration of The 2021 Cannabis Mania
It’s a very special stock
Sleek
I think tomorrow could be just as wild as today, if not more so
Sleek
Voter Support For Marijuana Reform Forces Republicans To ‘Reconcile’ Their Views, Senate Chairman Says
https://www.marijuanamoment.net/voter-support-for-marijuana-reform-forces-republicans-to-reconcile-their-views-senate-chairman-says/
Sleek
KGKG
Volume before price and that .04 wall had zero chance today:
https://schrts.co/VMBqXFcV
Is this going to be October 2018 all over again for KGKG?
https://schrts.co/RSzArCkF
It’s a little too early to tell right now, but based on today’s volume and the volumes I’m now seeing in the CBD sector, I certainly wouldn’t bet against it
KGKG is clearly the best stock in the CBD Beverages sector right now
Sleek
CNABQ
A really nice cup and handle:
https://schrts.co/dVAikcuQ
And if .03 breaks, there really isn’t any resistance until .15:
https://schrts.co/wzpTRXGc
Sleek
ISOLF
Just a stellar chart:
https://schrts.co/JcndPIxe
A break into the .20s and there just really isn’t any resistance until $1:
https://schrts.co/YJIGvywE
Sleek
ISOLF +82%, KGKG +51%, CNABQ +36%
All closed at or right near their daily highs
After I selected AMMJ in Nov 2020, I put in some very serious time over the past few months to make sure I wasn’t leaving any 2021 Grand Salamis behind, in what is quickly turning into the most explosive cannabis sector we have seen since 2016
And I found two particular stocks, each with absolutely tremendous upside
ISOLF and CNABQ are the newest members of The 2021 Grand Salami, each announced yesterday at 9:30AM
In yesterday’s trading, I noticed that the ask was very thin after .10 and put out a warning that there was no real supply of ISOLF until .15:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=161623760
Both new selections, ISOLF and CNABQ, really put on a show today during their 2nd day of trading inside The 2021 Grand Salami
As for KGKG, well, it’s just one of those stocks where it was only a matter of time until it got discovered by all these new eyeballs on the cannabis sector in 2021
It’s obvious that Clark is really putting forth a tremendous effort, and when you put in that kind of effort, it’s generally only a matter of time until you perform
And if you put in that kind of effort and perform, I become a fan and root for your success
I celebrate your victories and acknowledge your accomplishments
And today was undoubtedly a big victory for KGKG
I thought this week would be KGKG’s coming out party, and I’m really happy to see it finally get the recognition it deserves
What an amazing day
Speechless
Sleek
KGKG banging on $.05
The market has finally discovered KGKG today
We are just getting started here, folks
Strap in and keep your arms and legs inside the moving vehicle at all times
Sleek
It’s getting hot in here
The 2021 Grand Salami
It’s time to perform
Sleek
32 minutes left in the trading day
If you aren’t in yet, I would get in now
The top 4 right now look very explosive — AMMJ, CNABQ, ISOLF & KGKG
Regards to all,
Sleek
AMMJ will be next to take flight
Sleek
CNABQ has taken out .022
.03 is the next test and it’s the last resistance until .15
https://schrts.co/vXSugzGp
Sleek
CNABQ will be next
Sleek