BB's Stock Haven

[Drugdoctor]

$SHWZ-Marijuana-The market has spoken.... The market likes the 2nd quarter earnings report and the conference call update!


https://seekingalpha.com/article/4368595-medicine-man-technologies-inc-shwz-ceo-justin-dye-on-q2-2020-results-earnings-call-transcript?utm_medium=email&utm_source=seeking_alpha&mail_subject=shwz-medicine-man-technologies-inc-shwz-ceo-justin-dye-on-q2-2020-results-earnings-call-transcript&utm_campaign=rta-stock-article&utm_content=link-0


Those that sold ahead of the earnings report, either are buying back in at the ask, or are hoping for a pullback, which is unlikely to happen... based on this week's trading pattern...

RSI and MFI have soared off the OVERSOLD bottom, but still have quite a ways to go before they could be considered overbought..

Also the MACD is soaring after the crossover, and the stock closed exactly on the 50 day moving average... Breakout over the 50 day moving average Monday will confirm the new UPTREND!