Verde Agritech Ltd (NPK)

[kahlua]

Yes ceo, SH and SI. All those Verde boards are more active than IH, albeit the ceo board has unfortunately turned into more of a hyper bullish echo chamber . That alone raised a major caution flag for me months ago and I assumed the stock would be in for some very volatile chop. So far going according to plan although the contrarian in me says we could get a violent shakeout and a pullback toward either the 50% or 61% Fibonacci levels. 5 is also a key back test support on the P&F chart and these pullback levels would probably scare a lot of traders and weak hands out and prepare the ground for the next upward move. Not saying it happens but I always cringe when a trade gets over crowded with everyone saying “we can’t lose”.