Green Leaf Innovations Inc (GRLF)

[PennyPincher12]

It just hasn't made the turn yet on the MACD graph. Once it begins to turn and tighten for the break, we will see increased buying. I'm also tracking the flag pattern that we are creating. During the previous major move, we began at .011, hit a high of .02 and then consolidated back to .0135 before the next move. That next move was from .0145, hit a high of .0345 and is now consolidating back to .0185.


So if we compare, the previous consolidation gave back 73% of its run before the next 150% [multi-day] move. With the new launch point and consolidation period, we're currently looking at this stock giving back 80% of its run before the next 150% [multi-day] move. I think we're very close to finding the bottom, but even if we still consolidate back to .014, the progress of the company and the overall trend are still positive. Until the daily chart breaks down, you won't see the bottom truly fall out of this stock.