EVIO Inc (EVIO)

[tothe]

Well yes and no but then again we are not sure.
We did have a breakout catalyst from the 16's a couple of weeks ago when an Ex California State Senator joined the BOD to help us grease the political skids for lab acquisitions in that State.
Now this week even the OTC is getting pissed at SGBY for continued delinquent financials. This negative catalyst did not produce the throwback event expected on the chart but helped a produce a low volume sideways channel.
SGBY is being supported by both the big +5% holders and small Retail.
On the chart my "Inverted Dead Cat Bounce" is being neutralized by a neutered cat ignoring low cost mice for a decent downtrend.


http://www.otcmarkets.com/stock/SGBY/quote

https://stockcharts.com/h-sc/ui?s=SGBY&p=D&yr=0&mn=5&dy=0&i=p07430080519&a=507748701&r=1490747927606