CV Sciences Inc (CVSI)

[CashMoneyCarl]

I don't have a chart to post this time but here are some obvious things from the charts..

Everything went to hell when the support line broke. The 10 DMA is below the 50 DMA and dropping, even if not by much. It needs to climb and get back on top of the 50 DMA to show some strength.

The Pennant pattern is still there, you can use the former line of support or create a new one. Either way the upper end and lower end are converging. This can be a sign of a pending break out.. and if it does the recent highs have only been like $5.50 so either look for that as resistance, or sell at that point if you flip shares.

Thats really all I have at this time. Lots of sideways consolidation going on right now, and will probably continue until something newsworthy comes along.