Replies to post #59778 on Cannabis Science Inc (fka CBIS)

[TopPick]

I agree with you,

I'm just glad to see the higher lows hitting looks we got support at .10 - .13 if we hold this we should be able to break .18 - .24 and move the support up from there

[TheHungryHippo]

Glad your here Chiron. I am holding tight. It brings me confidence to see an experienced trader such as yourself make comments such as these. CBIS will be fine. The board clowns are something else.

[MisterBet]

Thanks for sharing the truth. You always call it like you see it. It nice to see that not everyone is out for themselves. I am not selling here.

[Hammer1]

SMART MAN! Hammer

[Chrion]

To all:
price action was pretty good for support today, at a key area now and it's finding the support we'd expect.

To all the newbies out there; the chart did NOT fail yet. So far if anything today's action confirms support at the major trendline, fib levels and cup and handle formation. It's all within the mathmatical expectations.

Someone asked me in PM how long it takes a handle to break out. Usually it's 10-20% the duration of the cup and not more then 25%. That should put it in the 2-5 day range if I'm not mistaken.