On a Better Note!The Power Hour Closed Above Cbis's 5 Hour Moving Average.Our RSI And Williams %R both indicate we are border line in the oversold area and that the selling pressure at the current level is unlikely going to continue.Which should mean FORGET your 03's at least for the time being as the chart indicates on my scottrade.
On the other hand Stockta. c o m does is showing a bearish engulfing which is not by any means good.But the good news is that a confirmation of early morning trading is always needed to prove it is what it is.
Given the Momo in the entire cannabis sector both nationaly and globally I highely doubt that at this time we will be seeing any thing of the sort happen.I just dont believe for one min that Dr bob and Co are going to sit by and watch this hit the 3's and other ridiculous lows many are yelling for with so much in the wraps/works and pipe line.Exspecially now that Bob is free from teaching heading into the summer.
You guys can moan all you want about the divy (dont get me wrong i want it too)but i Hope saving lives is more important to you all.After reading and scanning posts over the past months barley anyone asked if jackie is still doing fine or is there any discussion about how CBIS and the goals its set can change humanity for the better and how.just moaning over divy news and volume and past pr's that they didnt give further pr's to elaborate more detail in.THEY CURED CANCER!!YOUR INVESTMENT HAS SAVED A LIFE AND CAN GIVE SO MANY PEOPLE A BETTER QUALITY OF LIFE IF NOT SAVE MANY MANY MORE LIVES!!!With that said Ied like to add that I am in no way a pro at charts and all the above is my opinion unless otherwise stated.Please do your own DD!God Bless and One Love
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