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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
Comment by Ghostinthedarkon Dec 18, 2019 6:04pm
41 Views
Post# 30470387

RE:this a buy here yet?

RE:this a buy here yet?No buy.....yet.

Why? License is suspended, cash burn, fear of being delisted.

If you like to gamble, by all means, purchase TRST and hold it long.

If you like to day trade or swing trade, buy and sell it. But you must understand support and resistance. TRST is trading in a range--sideways for the past few days and weeks.

If you want to buy and hold, look at the moving average and a weekly trend change on the candlestick patterns.

When the stock is trading below the 50 or 100 day MA, you ought to stay on the sidelines. Only buy TRST when it begins to trade above these two moving averages--50 or 100 day....

Here are the moving averages For TRST:
5 day- $1.11
20 day--$1.10
50 day- $1.32
100 day--$$1.79
200 day-$4.97
One year----$5.83

https://www.barchart.com/stocks/quotes/TRST.TO/technical-analysis

Bullboard Posts