CV Sciences Inc (CVSI)

[CashMoneyCarl]

I see what you are saying.

So if I draw a line from todays low of $4.30 and continue UP to the current price, it coincides with the 50 and the 10 DMA, not the 200 way down at $2.93.. I can spin too.

Ladies, the chart is there for all to see. Anyone can make an argument that the price is going up or down by setting the beginning and ending points to their point of view.

I myself like to look at the 90 day, 180 day and yearly charts to get a feel of which way the stock is headed. This is my personal opinion. The past 60 to 90 days the price has gone up and down but it has stayed in a channel and moved sideways for the most part. This is also known as consolidation and is not necessarily a bad thing.

I also like to look at the 10, 50 and 200 Daily Moving Averages. For the most part, these are all going up. Yesterday the stock price dove below the 10 and 50 but today they are about to break back above. The 200 DMA is way down at $2.93 like Vandy and I mentioned. We are way above that price. These are good things if you are long.

Spin the data any way you want but come up with your own way to look at the same data that both longs and shorts see.