Replies to post #34032 on Cannabis Science Inc (fka CBIS)

[Nebuchadnezzar]

i would like to see CBIS push above $.04 on tuesday and hold the 50 day SMA. CBIS was coming off a long downtrend and reversed nicely. If it is a strong move, you want to see higher highs and higher lows




$.035 is definitely a key price level, and so is $.027-$.030, last time this appeared to be a bottom and traded up on very heavy volume

CBIS is also currently up 250-280% from its recent bottom at $.0095-$.01, up even higher if you bought in mid Dec 11

so a pullback is not out of the question at all

$.03 first support
$.025-$.027 is second support
$.02 means the move could be over
and you don't want to see if fall below that 50day SMA of $.018
It is pennyland and anything can happen, up or down. Keep a track of the DOLLAR VOLUME



weekly chart








make this week a project and track it all whether you are in the stock or watching/waiting for an entry point

-Neb