Home Bistro Inc (HBISD)

[midas716]

Nice job on the iBox. Didn't know they had that many products. Last PR was in March of 2017. The Namaste deal is big and hopefully we see updates on how well the products are selling on their network of websites.

I also made a quick $50K on the last pop but waited for it to bottom and that seemed around .18 to .22 so I reloaded there. They want to take it lower than that I have some powder left to add more because this one is far from done.

The float is so low that your $2.25 by April may even be a low estimate with some huge news and volume.

We're sitting on resistance right now. Next up is .35 but we did accumulate some in the .40 to .45 range and someone actual did pick up 19K at .72 when the ask hit that briefly. Been watching Time and Sales closely. The resistance points can easily be broken with volume as there just wasn't any volume back then. Break .35 and it's pretty much blue sky above as those three red weekly candles occurred on very little volume.

With no news I'm liking .35 for the week and possibly .64 next week depending on profit taking tolerance. Significant news with volume and watch out because this one moves real quick.

Oh. Did I mention that 20ma 50ma cross? ;) Huge!!!

VAPI Weekly Chart