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Bullboard - Stock Discussion Forum Lifeist Wellness Inc V.LFST

Alternate Symbol(s):  LFSWF

Lifeist Wellness Inc. is a Canada-based health-tech company. The Company's portfolio of wellness companies leverages advancements in science and technology to enable consumers to find their individual path to wellness. Its portfolio business units include Mikra, which is a biosciences and consumer wellness company developing and selling products for cellular health and CannMart, which is a... see more

TSXV:LFST - Post Discussion

Lifeist Wellness Inc > Getting oversold yall
View:
Post by Moetown1 on Jan 12, 2021 1:19pm

Getting oversold yall

Eom
Comment by steveM45 on Jan 12, 2021 1:42pm
You probably meant overbought, which it is, just barely. No, I'm not in yet.....still monitoring.
Comment by Moetown1 on Jan 12, 2021 1:56pm
Yes that's what I meant. Overbought. Sorry
Comment by Moetown1 on Jan 12, 2021 1:57pm
I've seen it go overbought for a few days though. Wonder if .265-.27 will get tested soon
Comment by steveM45 on Jan 12, 2021 2:13pm
Sure, it can remain overbought for a few days.  Good volume on range breakout though. Seems to be establishing some support at .235 If it can hold .235, it may reach for .275 .  .235 is important since the next support level below is .20 as it did not establish much support on its move up from .20 If it consolidates here for a few days (staying above .235), that would add bullishness ...more  
Comment by Moetown1 on Jan 12, 2021 4:08pm
What's your Ta update now?
Comment by Ninjabujinkan77 on Jan 12, 2021 4:10pm
I'm pretty sure your over sold in opinion .... way off buddy it's going up again tomorrow!
Comment by Quicksand on Jan 12, 2021 4:15pm
I guess that .30 cent mark may not take as long as you thought.
Comment by steveM45 on Jan 12, 2021 4:23pm
Guess so, but you know what?  I didn't guess, I used TA :)
Comment by steveM45 on Jan 12, 2021 4:20pm
Still the same as a few minutes ago, and expecting a pullback tomorrow.  Will be closely watching how deep that dip is. If anyone uses Fib's for TA (not my area of expertise), they should be able to establish a more accurate target for the pullback. I do know that this needs more support to establish here (consolidation, retest of .235). But any action over .235 keeps this in an ...more  
Comment by Moetown1 on Jan 12, 2021 4:31pm
So could it potentially stay between .27-.29 and then the overbought rsi cools down?
Comment by steveM45 on Jan 12, 2021 4:39pm
That's a definite possibility.  I'd love to see a brief dip down to .24ish area with a quick recovery, which would be quite bullish and would help bring RSI down faster.
Comment by Moetown1 on Jan 12, 2021 5:05pm
Look at the level 2 Steve, looks really really thin on the asks. Seems like it could run more making the dip down to .24 pretty extreme. Would be almost a 30-40 percent drop at that point no? 
Comment by steveM45 on Jan 12, 2021 5:19pm
Yes, it's not likely but that's why I said I'd 'love' it since it would be an easy buy down there for a quick sell at the top of a bounce, most likely within a day which would be ideal for me. I'd expect any retest to take it down to almost .235, but not quite there.  The higher the low, the better for bulls.  More likely a low would be set around .25 When I say ...more  
Comment by Moetown1 on Jan 12, 2021 5:29pm
So what exactly are you waiting for then? I'm only saying this because I remember you said you'd enter around .24-.245 and sell at. 27-.275 but now we are above both of those levels and the other price point you pointed out was .315 I believe? So then your opportunity now is from .28-.315 when it could have been .245-.315 or .27-.315 sucks if you aren't in yet - I'm not and im ...more  
Comment by Quicksand on Jan 12, 2021 4:42pm
Who knows. I think it belongs between .70 & $1.00 . How long it takes to get there or even if ,no one knows. All I know is that it didn't follow the charts to to get to where it is. It was manipulated and beat down. I wouldn't be shocked to see it make a serious run to get back to where it belongs.
Comment by Moetown1 on Jan 12, 2021 5:04pm
You think this deserves to be a 362 million dollar market cap when they aren't making money? The f*ck is wrong with you people and crazy valuations. When the stock goes up a few cents and these people call for dollars it's hilarious.
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