Ubiquitech Software Corp (UBQU)

[Technicalogist]

Valueable truths as to where UBQU stands now...

Continued consolidation today looking very healthy. You can see the difference in the chart compared to upward moves in the past that dropped immediately after moving up. That didn't happen this time... a very good sign.

The current chart formation of support that has built up over the last 3months, and more speceifically over the last couple weeks, gives the signal that the upward movement this time is different and a drop is unlikely. Odds are more favorable for continued move higher over time out of consolidation.

You see this type of formation often when a stock moves out of it's bottom and on to higher highs, long term, never looking back. This is usually the chart formations you see as a company begins to enjoy enhanced expansive growth and respect in it's business environment.

Which is exactly what hemp life has shown and reported in it's most recent financials. It's becoming a significant player at the forefront of the CBD market. Large potential for continued growth based on consumer demand. And in addition most of their growing customer base becomes repeat customers refilling their products several times throughout the year which builds an additional base of constant income to help fuel future profits.

It is very possible to be a believer, and see the potential for massive growth into the future as hemp life today becomes more and more of a household name in the cdb marketplace...

I look forward to watching the continued growth alongside a growing share price as the word continues to spread.

IMO