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Tuesday, February 21, 2017 7:56:13 AM
Chart & Techs for NWAV>>>> People who followed the tech chart for NWAV left thousands of dollars on the table...At no point in the chart was a swing/flip the right trade...There are too many catalysts coming in the days/weeks/months ahead for both tickers. Always the traders choice though and any shares just get gobbled up by the long contingency. These stocks are on their own clocks and techs....IT MJ SEASON...
Throw chart technicals and other things out the windows. It's the cannabis season and it's the beginning of the second Ganja Rush, similar to the first one in 2014. Except this Ganja Rush will be bigger and more on-going than the first one. This is because a number of states have now legalized MJ in some form. In 2014 it was largely about Colorado, this time around it encompasses many more states including California. CA is huge, it's the sixth largest economy in the world, its economy is larger than the economy of India or Brazil.
Technical goes out the window. Its about demand and supply, when the float is tightly held, PPS could really go nuts. Anyone remembers how the valuation went insane in 2014 during the first MJ rush, regardless of RSI or technicals. Just simply demand and supply folks...LOCK UP YOUR NWAV SHARES GTC FOR 30-60 DAYS AT .50+ SO MM'S CANNOT BORROW THEM...NOT SURE IF THIS HELPS...CANT HURT THOUGH.
Now jeff Sessions saying he doesn't see the Fed getting involved in the MJ use. Basically leaving the matter to the states.
https://thejointblog.com/jeff-sessions-feds-marijuana/
With the Cannabis Congress Caucus formed and the new ETF for MJ, the sector is just getting started for an epic run, larger than the one in 2014.
As we all know, there are inconsistencies of MJ policies/regulations/laws between the Fed and the state level. This is not tenable. The congressional cannabis caucus will look into these inconsistencies and will attempt to address them.
The removal of cannabis from Schedule 1 of the controlled substance could be one critical area the committee might look into and could make suggestions for way forward.
All in all the MJ sector is going to see big explosive growth in the coming weeks/months imo, in particular the medical MJ companies that are working on finding cure/treatment for many ailments may experience a greater positive impact.
https://blumenauer.house.gov/cannabis-caucu
https://www.newcannabisventures.com/first-cannabis-etf-in-the-works-emerging-agrosphere/
Here is a comparison NWAV & RSII...same management team:
FIRST READ THIS LINK BELOW TO UNDERSTAND THE RELATIONSHIP BETWEEN NWAV & RSII:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=128818365
NWA* float is about 400M vs RSII 300M...but insiders/initial private equity investers/seed money prior to going public was private co.... own about 250M shares so they have a lot of skin in the game in NWA*. NWAV is the "Mothership" of the two with multiple revenue streams in patient alternative healthcare i.e. all appts/followups to prescribe medicinal cannabis forms & ALL other alternative med. treatments they will be using along with fees/contracts for practice management under there name Alternative Medicine Centers of America.
Also, the float in NWA* is really locked up and moves much much faster. In RSII, several rounds of flippers and profit takers need to be eliminated and shares need to go to stronger hands like in NWA*. That will eventually happen here imo....but takes about a week or so of churning to happen for the true RSII longs willing to hold and ride it up.
Finally, NWA* is going to start earning revs this month and their business model lucrative in alternative healthcare clinics which is projected to start booming with the medicinal cannabis and other the other treatments for aliments patients seek....NWA* will be the first franchise like clinics nationwide that will fall under the PAO Group, Inc/ALTERNATIVE MEDICINE CENTERS OF AMERTICA.....they are alot further along in the business model than RSII....but RSII will catch up quickly imo as both companies are going to be working together.
BOTTOM LINE IS OWN THEM BOTH THEY ARE WORKING TOGETHER IN THE SAME SECTOR. ...DO NOT SELL ONE FOR THE OTHER...YOU WILL GET BURNED...SELL ANOTHER STOCK OR USE POWDER IN YOUR ACCOUNT TO BUY EITHER IMO.
All my posts are based on my opinion. Do not buy, sell, trade any stock based on my posts. Do your own due diligence before making any transaction.
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