Canal Capital 1.30 PFD (COWPP)

[simon song]

COWPP is up by so much in the last 5 sessions straight, it might have to cool down a little.
However, no one can argue the amount of money flowing in this ticker has been above and beyond iHub level of hype.
And also, COWPP has been so strong, it does’t move as the chart technicals suggest.
Regardless of a pull back or not, it is headed to $1.00+ in my opinion in the next 2 weeks max.
If it were to pull back, I am thinking down to $0.16 ~ $0.20 depending on when it happens if you ask me. It will try touching the MA before going next leg up.