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I wish I had the funds to load up while its down here. This would be a gold mine. I already bought in up in the 50's..
Good Morning Peeps..
I do need to clarify something. That last chart I posted was not using Simple Daily DMA's.. they were exponential. That's something completely different.
The Simple DMA's do NOT follow the same pattern or logic. In the simple DMA's, the 10 DMA is still below the 50 DMA, and both of those are still below the 200 DMA. I was just pointing out that this trend appears to be at the beginning of a possible reversal.
GLTA
Good Morning Peeps..
Genos asked me about the charts about a week or so ago and I didn't really have anything to say about them, until now.
Its not much but this is a good sign.
This is a very short one day sample of CVSI's chart. This is yesterday.
What catches my eye are the DMA's .. the Daily Moving Averages. Pay attention the the dashed lines. The light blue is the 10 DMA, the dark blue is the 50 DMA and the green is the 200 DMA.
What is interesting is for the past month or two they have all been on a downward trend, just like the stock price. Yesterday, they reversed.
Notice how the end of the day the stock price candles are for the most part above all three DMA's (good sign) and that the 10 DMA is above the 50 and the 200, and the 50 DMA is above the 200 as well. These are all good signs of an upswing in the price.
Granted this is just one day and all of this could be wiped out in 5 minutes of trading, but its been a while since this has happened at all. I thought it was important enough to point out.
Fingers crossed.
Good Morning Peeps..
Seems to me that 14 has made a pretty solid bottom. I already have my shares from before, but if I didn't then this looks like the best time to buy to me!
Good Morning Peeps..
Good Morning Chill..
Good Morning Peeps..
I can see that AlzheimersJack is still at it.. someday he will remember. Ironically, I am willing to bet that a little CBD oil would probably help his short/long term memory issue..
Good Morning Peeps..
Play .. did you get mine?
This was a great article you posted. Here it is again if anyone missed it or is too lazy to go back and look for it.
One of the big take aways I saw was this part about the FDA:
In the US, CBD products will have to get a green light from the FDA. However, the FDA is taking a cautious approach towards CBD. FDA has repeatedly stated that it would take a “sound, science-based” approach towards CBD products. The marketing will determine the amount of scrutiny from the FDA. For example, CBD products marketed as drugs will be different from products marketed as dietary and food.
In my humble opinion, that paragraph sums up a lot of things, namely why CVSI has not uplisted to NASDAQ yet. The NASDAQ people are waiting to see what the FDA is going to do as this is still a very grey area of the market. They wont uplist a company until it is 100% legal all the way around the block.. so we wait.
Keep in mind that no other CBD company has uplisted either. The only companies on the exchange that deal with CBD were already listed, and added CBD products after the fact. CVSI will be the first NEW company to uplist once the FDA gets their act together.
Good Morning Peeps..
Good Morning Peeps..
Put me down for an even $19.0M
Good Morning Peeps..
I have to agree with Canon.. what DD did you discover that leads you to believe this is a scam? Inquiring minds want to know.
Oh yeah.. those Seeking Alpha articles. The author gets paid a small fee each time anyone reads it so don't over click it. Why reward someone to bash the stock... right?
There are so many things wrong or just plain old about your post I don't have the patience to address them all. But I will address this comment..
Good Morning Peeps..
This question was not directed to me so I hope no one minds if I butt in..