CV Sciences Inc (CVSI): On the all important hourly chart, we ha...

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UpYourz

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Thursday, 01/03/2019 1:08:23 PM

Thursday, January 03, 2019 1:08:23 PM

On the all important hourly chart, we have had nothing but higher lows since Dec 24th...When we lose the higher lows on the hourly, this indicates that our temporary daily high has been set and a pullback will be necessary before further forward movement unless news breaks. RSI levels on the hourly are in the extended range above 73 at the moment and it looks like we are moving sideways for a bit to cool it off before another run...Again, long as we maintain higher lows on the hourly, then we are still trending UP. The support that would change this if it broke is $4.41 at the time of this writing.

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