Nice long white candlestick today. If only VAPE dipped a little further, the candlestick would have been a monstrous bullish englufer. Today looked like a short covering session at the EOD but not much accumulation. Ideally, it would be nice to have a healthy short volume going into earnings followed by a strong report because short covering would add fuel to the fire.
Either way, a solid earnings report could really knock VAPE out of the park. I would guess the presence at the 420 Festival in Denver may bring some windfall profits. The Washington legalization could also provide a gust of momentum but VAPE can stand alone wether MJ is legal or not.
Good times ahead hopefully. Got VAPE?
"Emancipate youself from mental slavery, none but ourselves can free our mind" -Bob Marley
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