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Level2Me

03/13/17 2:35 PM

#6694 RE: Canto #6690

Yes and no. While it's 30% off of recent highs, it's consolidating significantly above previous 52Wk high (.0174), which is wonderful.
If this was growing at 5% every day for the last two weeks, it wouldn't even reach current level, that's how high it's trading today.

I am a big fan of RJDG consolidating around 0.02 before it takes off again. 0.02 creates a wonderful support. I understand some people are looking to close their positions after it effectively doubled in 3-4 weeks. It's their right. Considering all the future catalysts, in my opinion, it makes sense to hold it much much longer. I will not settle for 0.01 profits when I can easily see it go at least 2x-3x from here just this year. And if those revenues begin to materialized, this is a pure winner.