CV Sciences Inc (CVSI)

[MarketMakerChartist]

For those of you solid long term holders: As a Chartist, the good news is that in spite of earnings still NOT being reported, and no definitive news on whether Mona is leaving, CVSI finally broke higher out of a 5-6 day range of .35-.45. What happened Friday was the break higher, then a pullback, then buying came back in at the end of the day. If we get the strong earnings I anticipate, we should see some strong follow through higher this coming week. Technically, the next Market Maker Model moves will likely be .52-.58. If the earnings are perceived by new participants as constructive for even more future growth, then we should see price move past the Dec high and beyond. Daily Volume for previous days has been subdued. However, the last 2 days have seen a nice pick of buying volume. Lastly, in my opinion, CVSI is a company that has a solid growth curve in their retail channels, an expanding growth curve in their health professional distribution, and a serious player in NRT with their CBD chewing gum for nicotine addiction. Once the Institutional Trading Firms start taking notice of the company's fundamentals and growth potential, higher daily volumes will take hold and drive price up near $1.00 first, then beyond as CVSI's potential goes viral.