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Saturday, July 05, 2014 1:41:52 PM
CBDS is in a BULLISH TREND(CBDS goes up all the way to the moon).
ELLIOTT WAVE confirmed the end of the bearish wave #8th on 7/3/14,
and signals a LONG TERM BULLISH TREND (Repeat: Long term BULLISHN TREND).
7/3 Vol = 140,010. $9.49 (1 PM ET)Vol=above 200,000. If 4PM ET.
7/2 Vol = 166.600. $8.96 (4 PM ET)
7/1 Vol = 46,300. $$5.75 (4 PM ET)
6/30 Vol = 11,600. $4.0 (4 PM ET)
THE PRICE/VOL action tells you that CBDS is in a BULLISH TREND.
(Note: The vol on 7/3 is 140,010. This because of trading to 1PM ET only,
If trading the whole day, the vol on 7/3 would be above 200,000. shares)
The 8th ELLIOTT wave WAS the longest (months)wave that took CBDS
down to $4.0 on 6/30. The END of this 8th (bearish) ELLIOT wave
was confirmed on 7/3/2014 (it took 3 days-from 7/1 to 7/3- to
confirmed the end of the 8th bearish ELLIOTT WAVE).
BULLISH TREND BEGINS ON 7/3/2014 and CBDS is going up all the way to the moon, the end of the 8th ELLIOTT wave signals the change
of CBDS trend from bearish to bullish.
How high will CBDS go up to ?
By ELLIOT WAVE, CBDS= ($9.49) x (10 by ELLIOTT WAVE )= $94.90
(Note: CBDS was down for several months. Therefore, CBDS will go
up for SEVERAL MONTHS).
Note 1: It took 3 days to confirm a trend, not just 1 day
Note 2: The only way stop CBDS from going up is to stop Gary J.
from being CBDS's CEO. But this is NOT going to happen.
Note 3: The only way to stop CBDS from going up is the DOJ comes
out with a hammer to stop CO,WA from legalization of marijuana
for recreational uses. But this is NOT going to happen, either.
Peace and prosperity to all CBDS investors !
I am long, long, long CBDS and holding CBDS until the next
presidential election in 2016
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