Green Leaf Innovations Inc (GRLF)

[PennyPincher12]

It's not a big jump and here's why:

The close on 2/15 was .0055 and the following day, a bullish harami was formed. From the .0055 close, we traveled to .0199, an increase of roughly 250%. If you measure a Fibonacci retracement from .0199 to .0055, the 50% retracement level hits our exact low today (.0124). We have since bounced off this low. If the chart pattern stays true, whatever our closing price is today (with confirmation through harami candle tomorrow), we should increase 250% from that point. The timeline fits a Tuesday power day IMO.


Let's say the close is .015. 250% is a little over .05. My prediction is not so far-fetched. I have been doing extensive chart analysis for the past 30 minutes and I think the chart pattern does not waver. An .014 close is actually the final piece to my puzzle - the previous retracement closed right on the upper bollinger band. An .014 close would emulate this same pattern. It's not a must, but it would help a potential harami tomorrow.


I'm not mindlessly pumping - I'm providing technical analysis that could prove beneficial. If it doesn't work out, oh well. I'm not suggesting you buy or sell this stock. I'm just providing analysis that I'm using for my benefit. :)