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Re: VERAX post# 20748

Sunday, 10/13/2019 5:37:38 PM

Sunday, October 13, 2019 5:37:38 PM

Post# of 30450
There are 2 separate trends I have been tracking, and both point to CANB being the best CBD Oil stock in the sector

The price action is the easiest to measure — % gain is an undeniable metric

The 2nd factor is that while every stock in the CBD Oil sector has been on a downward slide over the past few months, CANB has gone down on much lower volume than the other CBD Oil stocks

This lower volume during a downtrend is a signal that the shareholder base of CANB has remained fully intact, while the other CBD Oil stocks have traded much higher volumes, indicating that a significant portion of their respective shareholder bases have sold out and are less likely to return

Put another way, there has been real conviction on the part of sellers in CVSI/EDXC/CWBHF/ELLXF, whereas we really haven’t seen that in CANB, which instead has simply drifted down in a weak overall sector


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  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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