ETST, penny stock chronicle as there after bell pick today, We should see a bounce at open
Good Afternoon Traders!
Without Further Ado: The New Monster Beast is ETST.
Market action has become far more rewarding, which is why we are becoming more aggressive. Our track record of late speaks for itself (7 winners in a row, with over 650% in total available gains on alerts in that time).
Now, with today’s big beast breakout setup in the biotech space, we are looking to press the pedal the metal.
New Trade Alert: Earth Science Tech, Inc. (OTCMKTS: ETST)
When we say we see a major opportunity in the biotech space, that should mean something big to you guys. Biotechs have been the undisputed leaders of this bull market.
It’s a bit like talking about dotcoms in 1999. If you found a small or micro-cap dotcom in 1999 that started to look impressive and catch some extra attention, you knew it was starting a move that could end up with quadruple digit percentage implications in just days or weeks.
And so it goes with biotechs today.
As the company conceives of itself, “ETST plans to be the premier supplier of the highest quality and purity of High Grade Hemp CBD (Cannabidiol) Oil.”
ETST is a “unique Biotechnology company focused on delivering cutting edge Nutraceuticals, Bioceuticals and Dietary Supplements designed for excellence in the areas of Health, Wellness, Sports and Alternative Medicine and to improving the quality of life for Consumers Worldwide. ETST is also dedicated to providing Natural Alternatives to prescription medications through the use of its cutting edge Nutritional and Dietary Supplements. This may include products such as its High Grade Hemp CBD (Cannabidiol) Oil, Vitamins, Minerals, Herbs, Botanicals, Personal Care Products, Homeopathies, Functional Foods and other products.”
For a little background, Cannabinoids (Cannabidiol/CBD) are natural constituents of the Hemp plant and CBD is derived from Hemp stalk and seed. Hemp oil is a well-known dietary supplement and the naturally occurring CBD possesses no psychoactive qualities and presents a continuing stream of overwhelming evidence of significant Wellness benefits.
ETST High Grade Hemp CBD (Cannabidiol) Oil is classified as "food based" and therefore perfectly permissible in all 50 states and more than 40 countries.
That gives this company a huge advantage.
ETST is focused on researching and developing innovative Hemp extracts and to make them accessible Worldwide.
The company is starting to get aggressive again with its R&D in a cross with the marketing department, which is an old trick we love to see: ETST just announced the genesis of its new line of Nutraceutical and Bioceutical products with an effort tied to trials involving former/retired professional athletes. (See Full Press Release Here). That will catch the public eye!
ETST also had occasion recently to announce that Mr. Joseph Pavlik, President of its new wholly owned subsidiary, Earth Science Tech Bioceuticals, Inc., has been working diligently with its Founders, Majorca Group Ltd., to develop, bring to market, and merchandise a number of breakthrough products and brands featuring the ETST High Grade Hemp CBD Oil. (See Full Press Release Here).
Technically, after troughing RSI at 40 a few days ago, ETST exploded higher today, breaking out above the 50, 100, and 200-day moving averages and logging a massive MACD bullish crossover.
With a tiny float of just 13M shares, this move may well extend bigtime from here. The pattern represents a clear triple bottom at this point, and could preface significant upside from present levels.
About ETST
ETST (Earth Science Tech, Inc.), a biotechnology company, focuses on delivering nutraceuticals, bioceuticals, and dietary supplements in the areas of health, wellness, sports, and alternative medicine worldwide.
ETST seeks to deliver non-prescription nutritional and dietary supplements for the treatment of chronic pain, joint pain, inflammation, seizures, high blood pressure, memory loss, depression, weight management, nausea, aging, and overall wellness.
ETST also provides consulting services to the athletic facilities industry.
ETSTs marketing services include direct marketing, search engine optimization, public relations, email marketing, social media marketing, and development of referral programs. In addition, retails health and wellness brands, as well as sports nutrition and dietary supplement products; and stocks and sells high grade cannabidiol rich hemp oil and products.
ETST was incorporated in 2010 and is headquartered in Boca Raton, Florida.
What You Need To Know:
• ETST has a small trading float of just 13.15M, which suggests the stock could launch higher on any additional influx of interest. • ETST is making real money, with trailing revs already coming in at $161.89K. • ETST is coming off an RSI trough at 40, pointing to a massively oversold stock now heading back the other way. • ETST just recorded a MACD Bullish reversal, suggesting a technical change in trend. • ETST just broke out above all major moving averages on increasing volume.
For all of these reasons, we are now pounding the table on ETST. Good luck and Enjoy the Ride!
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Adam Sandifer Penny Stock Chronicle
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