Yeah it’s decision time, FOMO sets in after the breakout above .14

Technicals looking pretty favorable here, chiseling away at the resistance.

https://www.barchart.com/stocks/quotes/CHOOF/opinion

Are any of the planned stores going to have a drive thru? Like the chart pattern here and the imminent golden cross setting up.

Current chart setup from recent pullback:
https://www.stockconsultant.com/consultnow/basicplus.cgi?symbol=LEXX

Tracking the short volume trends for Potn especially for high volume days..https://otcshortreport.com/company/POTN

I’m plotting out the Fibonacci retracements on the 3yr chart, I like the risk reward potential. It’s still early..

Thanks for your help with the store update. I like what’s happening with Choom.

Is this synergistic combo still intact?

https://thepolicy.us/investors-ask-whats-next-for-cannabis-post-legalization-1d58702ab6d7

Thanks appreciate the link.

What’s the latest with their drug?

Thanks for mentioning ACB, this looks interesting.

Tracking this to see if there’s more to this recent move..

Strong gainer today, volume picking up..

The “pennant” aka 4th wave both have a similar projected measure move should the continuation pattern play to form.

Looks like a parabolic move up that broke the 2 year downtrend line at .10, another wave up expecting..

I’m ready for the next run to the low 2’s..

I wouldn’t look to ACB as a good comparison either. They had a much better case for needing a R/S.

Great post, that was the red flag that pops up when I read the proposal. How will institutions be able to enter? You’ve summed it up well, thanks for sharing this, hopefully others can see how this doesn’t add up.

Absolutely NOT going to vote for R/S.

IMO, the run from .25 was just a warmup for the new uptrend ahead.

Agree, seeing some easing across the sector..

The 50 dma /200 dma cross actually occurred back in June 2019..different settings when using a weekly chart. ACB has similar MACD divergence as CVSI and it just doubled in a few short days..

Uh, I do not see the crossover quite yet on that chart, but I do see the MACD flashing a possible momentum shift soon. This MACD positive divergence has been climbing higher from early Dec. ACB got all the attention today on massive volume.

Pattern from late Feb. to now, looks like an Inverse H&S, neckline at .80.

From what I see, there's a few scattered layers between .80-1.2 then speed can increase.

I was thinking along those lines as well, maybe a strategy to get that long-awaited Nasdaq approval?

Just referring to link at post# 65870..nothing additional.

Either way, looks like your discovery has disseminated to a major news source, I believe these shares will be in short supply come next week..

Yep, up on big volume. Next few weeks could be interesting.

Awesome work! The timing is on point for this bullish wave.

Seems realistic to me, the recent low looks to have signaled the end of a two year bear wave cycle setting this up for a fresh bullish wave to emerge. This will be hard for most to grasp given the current climate but the massive bounce and volume is a sign for some..I may post a chart of this later, in the meanwhile I'll continue to watch the epic short squeeze.

Lol, exactly what I thought about the seventies pharma guy! Probably wearing bell bottoms slacks under that silly lab coat..

I believe the bear market in MJ/CBD stocks has concluded, the leaders are moving big on volume and not looking back, it was way overdone in price and time. Notice how they're bucking the major market indices today..

Nice rally today, several doubles and TLRY seems to be back to old self almost 4x off its low on heavy volume..

No complaints here, been busy since yesterday picking up the scraps..

Waiting for the reversal, whole sector is in the same camp.

Where is this store that you're referring to? There are several stores around the DC area suburbs..

I was looking at that two day period and it's filled. The lower candle shadow on the 14th extended down intraday and filled what you're seeing as a gap. Not all gaps get filled and it's hard to predict when and if they will..

John, it appears CBD is gaining popularity among pro golfers so good opportunities exist for CVSI.

I don't see it, looks filled on the intraday low..