Emblem Corp EMMBF

Healthcare Biotechnology Cannabis

"Emblem Corp is a licensed producer of medical cannabis. It is intended to cultivate and cure cannabis for medicinal use. The group operates in the business segment of production and sale of medical cannabis."

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Emblem Corp > RSI of 24 ?!? LMAO

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Comment by THEPUMPPROPHETon Mar 10, 2017 6:24pm

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Post# 25966513

RE:RE:RE:RE:RSI of 24 ?!? LMAO

I'm still getting my ace kicked on this stock. I had no more money to average down.
Hope you guys are correct. It would be good to be in the green again.

I'm holding for the long term -- so blips don't really make a huge difference -- but I'm too spread out in this sector and now realize I need to take profits from some 'sketchier' LPs and average down on the LPs I'm most confident in.

Thanks for all your insight.

GreenNme wrote: We should all just gang up and launch a massive stockhouse short attack on the next poor LP the week before it has cheap shares coming up, then switch and go long on the Friday. Who's in?? Lol.

GreenNme wrote: The bottom has already passed in the 2.30s IMO. I expect a lil selling pressure in the morning but then a lot of short covering. If we look to the cheap ACB shares released on Dec 10 and SL shares on Dec 30 as an example, the low was in on the Friday before, and both went up %10 the Monday and Tuesday after. No different here. Only difference is this may have a bigger bounce due to how oversold it got. RSI of 24 here is a screaming BUY. I say history tends to repeat itself in this sector without us noticing much, but if we paid attention to these details it may increase our chances of profiting. For example, in hindsight, would it not have been a great idea to short ACB a week before the unlock, Or SL on the week prior, or even here imagine if u shorted this on Monday, covered your short today then went long near the end of the day! LOL easy %20 minimum both ways in just over a week that's %40. Maybe more.

TheInsider wrote:

GreenNme wrote: There is a HUGE correction coming to the upside next week, this reached ridiculous levels of oversold territory!! Earlier this week Brent said if this went into the $2.50 - $2.75 range he'd sell every stock he owned and load up...that's exactly what I did, average is in the $2.40s, almost 50k shares. GLTA.

If we get through Monday without making a lower low, the bottom is in IMO.

I've waited patiently for months for this buying opp.