CVSI BREAKING OUT! 6 Analysts BUY rating $7.00
Quote:
Buying > selling. Solid Support. Rebound only starting..
We tested the $1.00 support (it was very important that this retest happened all day today). Now, we're off to the races in the march back to the $3.00 range.
Given that seven major investment firms have the price Target set at $7 per share, and with six buy ratings vs 1 hold rating, I think we will pass $2 very quickly and I think we will be at $3 by January 1st.
The January Effect, or people realizing losses to offset the other Dow Jones gains, is taking place. This mid-December is strong due to amazing news around the industries such as New York legalizing and Federal bills about to fully legalize nationally, so as the business days in 2019 continue to go down in count, that's one less day for somebody to sell for tax purposes.
The difference between genius and stupidity is, Genius has its limits.
Albert Einstein
