Replies to post #64288 on CV Sciences Inc (CVSI)

[ThePrestige1]

I believe that we are also going to see a correction from "C" (orange) as I feel this area had 2 major factors:

1) The selling of large blocks of stocks which in ONLY assumption was selling of shares to cover taxes by Mona Jr. (SP 1.20 down to 1.01).

2) Then I think it was put on hold as the hemp farmers news bumped it down a litter further coupled with market conditions and the MJ indices at the end of last week/yesterday.

I think that "whoever" is dumping stocks, again, my thoughts only to cover taxes, is just about done. We might see a bit more selling of large blocks as this tries to climb back up to 1.10'ish. Then, we see your A/B (blue) pattern happen, when B (blue) is done, I also feel we see a breakout into earnings (for now).

Short story, I think different forces are at work but overall, I feel that we are both coming to the same conclusion... Crystal ball not included. Anything can cause a change. But a buying opportunity has presented itself for now.