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Sproutly Canada Inc. C.SPR

Alternate Symbol(s):  SRUTF

Sproutly Canada, Inc. is a Canada-based company that is a supplier of all-natural water-soluble and oil ingredients for cannabis products for the beverage and consumables market. The Company intends to identify and evaluate potential business opportunities in the medicinal and recreational cannabis industry. The Company's Health Canada Licensed Facility is located in the greater Toronto area that operates the application (APP) technology and produces naturally water-soluble cannabis solution (Infuz2O) and cannabis plant oils infused into natural oils (BNO), each delivering the plant spectrum of natural bioactive molecules. Infuz2O is a natural water-soluble cannabis solution that can be stably formulated into traditional beverages without the use of artificial chemicals and/or physical means to keep the cannabinoids blended in the water base. BNO is a cannabinoid oil molecule directly infused into one of many natural oils that are used in edible products or for skin application.


CSE:SPR - Post by User

Bullboard Posts
Post by OldManCanuckon Aug 25, 2019 4:47pm
106 Views
Post# 30064066

I know the standard metrics don't really apply to Sproutly..

I know the standard metrics don't really apply to Sproutly..I know the standard metrics don't really apply to Sproutly, but I liked seeing this part of the analysis 

https://www.newsdone.com/2019/08/25/stock-to-follow-sproutly-canada-otcsrutf/

"The company has RSI figure of 29.61. RSI compares the magnitude of recent gains to recent losses to see if an asset is oversold or overbought. RSI is plotted on a scale of 0-100. Generally, if it is above 70, the stock is considered overbought and so one can look to sell it. Similarly, an RSI of less than 30 indicates the stock is oversold and can be bought.

ADX value listed at 47.72. ADX indicator measures strong or weak trends. This can be either a strong uptrend or a strong downtrend. It does not tell you if the trend is up or down, it just tells you how strong the current trend is! If ADX is between 0 and 25 then the stock is in a trading range. It is likely just chopping around sideways. Avoid these weak, pathetic stocks! Once ADX gets above 25 then you will begin to see the beginning of a trend. Big moves (up or down) tend to happen when ADX is right around this number. /p>


When the ADX indicator gets above 30 then you are staring at a stock that is in a strong trend! These are the stocks that you want to be trading! You won’t see very many stocks with the ADX above 50. Once it gets that high, you start to see trends coming to an end and trading ranges developing again."
Bullboard Posts