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Wednesday, 01/09/2019 1:19:05 PM

Wednesday, January 09, 2019 1:19:05 PM

Post# of 83324
THIS is the long term WEEKLY chart for the last 6 months. You will note that just 6 months ago the low price was at 1.72!!! We ARE in an UPTREN DESPITE VANDY's HORRIBLE LIES!!! Also, Please note that this pattern is called an Equilibrium on the weekly chart. It means that price is continuing to tighten...the most recent high of 5.60 and the most recent low of 3.80 indicate the range we are in now and we should see further tightening before a break bearish OR bullish will happen. Once the range breaks, You WILL SEE a huge influx of volume as the masses of day and swing traders and algorithms WILL FOLLOW THE BREAK IN EITHER DIRECTION it goes to make money. This longer term chart is key in the LONGER term future of CVSI...and unless the overall indexes crash, or CVSI gets hugely bad news...I suspect the break will be bullish. SO DO NOT LISTEN OR FOLLOW VANDY..Technical analysis is NOT a Prediction...It is a method of determining the best reaction points. And it works. We are in a long term uptrend. We are also forming an Equilibrium which will break ( I think sometime within a couple weeks or by the near the end of January ) as price range continues to tighten. Here is the weekly chart for 6 months and the white horizontal lines indicate the lower highs and higher lows which is price tightening ...hence the technical term EQUILIBRIUM and you better believe a large volume of traders WILL be making a move when a weekly equilibrium breaks!!! Very Exciting Stuff Folks!!!