I was predicting CBIS to bounce back from these levels now at around the low .04’s, but I am starting to think that if it does not breakout now then Just1MoreUpTick might be correct when it comes to the PPS going down to the .03x… So I believe we need to keep a close eye on Tuesday when the market opens, if the price drops any lower than the .0421 it did this Friday then we might just see it go lower to the .03’s, else we will see the beginning of the rally.
Either way, if it drops to the .03’s or not the outcome will still be the same… Breakout to no less than .09’s and with potential to touch the last highs at the .12 which happens to be the 200 day moving average.
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