Invictus MD Strategies Corp IVITF

Invictus MD Strategies Corp is a cannabis company with a focus on the Canadian cannabis space, offering a selection of products under a wide range of cannabinoid profiles that fit the demand of the company's medical clients and retail customers. Its wholly-owned subsidiary's Phase I and Phase II facilities are in full production. The company's 50% owned subsidiary has completed its Phase II expansion and received its amended license from Health Canada. Another of its wholly owned subsidiary, connects medical clients to physicians for medical cannabis.

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Invictus MD Strategies Corp

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Comment by FarmerInvestor4on Jan 11, 2018 1:10am

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Post# 27331119

RE:RE:Volume

FarmerInvestor4 wrote:

billwhite wrote: Thanks Farmerinvestor4
If low volume is an indicator of when to buy, I'm thinking now might be a good time to add to my position?

Based on the chart, this issue needed a breather. Some consolidation is needed here before any potential leg up again. The 8 EMA is at $1.99. And likely psychological support at $2

If it breaks below the $2 level, the next support level is the 20 dma at $1.66

First resistance I see is the upper Bollinger Band at $2.24. If it touches that or trades through that we could see another run.

So my guess is sideways trading for a bit between $2 and $2.24 to allow consolidation for a bit. Anything outside of those ranges may determine the direction of a new short term trend.

All My own opinion, so take it for what it's worth.

Good Luck

FI4

I should mention any "close" (end of trading day) in shareprice outside of $2 and $2.24 may determine direction of a new short term trend.

I apologize for any confusion

FI4

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