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Chalice Brands Ltd CHALF

Chalice Brands Ltd. is a U.S. operator in the most competitive, innovative and mature cannabis market in North America. Leaders in retail, marketing and craft cultivation supported by fully integrated processing and distribution. The Company has 12 retail stores in Oregon operating as Chalice Farms, Homegrown Oregon and Left Coast Connection and is distributed nationally through Fifth & Root.


GREY:CHALF - Post by User

Bullboard Posts
Comment by PotStockeron Dec 01, 2015 1:27pm
52 Views
Post# 24343374

RE:RE:no worries folks, just buy the dip

RE:RE:no worries folks, just buy the dip
Ommmmmm wrote:

Are you saying you think it will dip more around xmas time or this is the dip? Haha thanks. Either way it's a good day for buying.

 

PotStocker wrote:
buy the dip around xmas time as gift



I am not sure what is going to play out. I can only guess.

From the chart, there is a support around 0.9$ area. I think we are currently right on it. But I am not sure if we can hold this one.

There is another stronger support at previous low(0.72). We can not rule it out yet so if the price breaks 0.9 area, then we have to prepare for the all time low as well. If it happens, it usually happen around Xmas, there will be a "sell for tax".

There is an anonymous seller everyday. He just keeps on selling all the time even in front of the good earning. So, I guess he has pretty deep bank account to play with momo crowd(that is us). And very unfortunately, we are going against him or we are in this way. If we want to fight him and win, we need to know his plan.  He will try to break 0.9 first, then he willl go for 0.72. We need to defense 0.72 as a bottom line. And also given the OTCQB listing, he might not stop till Feb 2016.

So, get prepare for this battle.

Bullboard Posts