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DarthYoda

02/14/20 11:29 AM

#13992 RE: cyclone101 #13983

Sorry Cyclone, wasn't ignoring your questions. Yes, I think it will do very well and make it back up to previous levels. But, you could probably tell my opinion from previous posts, lol. GL!

deadjim

02/15/20 2:15 PM

#14002 RE: cyclone101 #13983

In my opinion::
Need sentiment shift, for starters. The rally in CGC if sustained could be the beginning point for sector sentiment.
Bigger sentiment shift will come from either CBD sales (which likely havent been faring too well) or legislative action on dietary supplements.
There’s a bit of a pivot point on stock price right in the 7.50 area, but action is attempting to base enough that a push through 7 (with volume and strength) may be enough.
Calling bottom arbitrarily is as good as guesswork, but sometimes you get lucky. A bottom shows in the form of price action and rebounding