Charting and the value there of?
Charts reflect what has happened in the past, Its the future that will make you money in the stock market.
The future of CYDY relies on the approval of the FDA in the United States and similar government approval in other countries and NOT up listing. Up Listing is needed to lure big money into the game with less risk but has value only after FDA approval.
With the approval of the FDA how high will the price of the stock go? I haven't a clue but I would think and hope the trend would be up. Placing a number on the rise would be wishful thing, dreaming, hope, etc. So I don't do it. I invest in a company for several reasons, Good to excellent products, Excellent marketing team, and great top management.
And now the down side to consider:
Politics, Who am I going up against. Will they pull out all stops to protect their revenue base. If this company is such a threat will they be bought out at an unthinkable rate/value.
Its all a guessing game of wait and see.
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