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CannTrust Holdings Inc CNTTQ

CannTrust Holdings Inc is engaged in the business of producing and distributing medical cannabis in Canada. Its facility is located at Vaughan, Ontario in Canada. Its brands include LIIV, ESCAPE, SYNR.G and Peak Leaf.


GREY:CNTTQ - Post by User

Bullboard Posts
Post by Ghostinthedarkon Dec 10, 2019 10:13am
57 Views
Post# 30439243

Bearish reversal on the Daily

Bearish reversal on the DailyAfter topping out on the 1 hr time at $3.27, TRST is dumping again.
So, we saw higher highs....for three days

And then a top out... You can see this on a candlestick chart.

Now the stock reached a lower high today (assuming it doesn't go above $1.27)

So, we are back to lower highs and lower lows on the Daily time frame.

Current price $1.13

What does this mean?
Trust is now trading in a range---sideways on a chart, not upwards, not downwards.

The high for the new daily range is $1.27

and the low is $.099 cents.

I have always stated that TRST will drop below .99 cents....

I expect the share price of TRST to drop to .75 cents or lower in the coming weeks.

I own no shares of TRST at this time---based on my own due diligence, fundamental analysis, technical analysis.


Bullboard Posts