Bots Inc (BTZI)

[MD-420]

It's harder to say here.

Look to see if rsi holds 50 on the daily timeframe. It's sitting at 55.

Macd has turned down. Does it reverse our go negative?

The 50 day sma sits at 24. Do we come down to test it? I'm leaning towards yes.

There is that intraday gap somewhere in the 24-25 range. I'll have to go back and find it. Intraday gaps don't always fill, but I find they tend to fill on the mcig chart and should be respected.

Will there be a stage 2 of the recent pump? Or more news? This is a wild card.

Have all the shorts covered?

These are some things I'd be watching for to determine a strategy of entering, adding, or selling. Personally, I think their are other plays out there that have more potential. For example, a move to $1 from here is less than a 4 bagger. IMO, the NY Acres thing is compelling, but on the other side, it's going to take time to really understand what the potential is from this JV. What are the margins? What deals do they have in place for selling or vertically integrating the extractions/byproduct? It's going to take at least one more quarter to get fundamentals to justify current pps...imo.

This is my current view. Things are always changing. There is potential. If I were to put a rating in the stock, it would be a hold until we see more execution.