Wayland Group Corp MRRCF

Wayland Group Corp, formerly Maricann Group Inc produces and sells medical marijuana. It is currently engaged in cultivation, extraction, analytics and production facilities to elevate offerings and prepare for growth into the adult-use cannabis market in Canada.

GREY:MRRCF - Post by User

Wayland Group Corp

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Comment by Grimlockon Dec 18, 2018 7:03pm

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Post# 29132082

RE:RE:RE:RE:Salty shorts spamming up the board

1.05 appears to be the short term resistance level, hit that 3 straight days and all 3 times could not break. After 1.05 the next resistance level is 1.15 so yes there is a long ways to go, but the volume today was encouraging. Will need to break and hold 1.05 before a reversal is confirmed. I feel like the reverse split has already been priced in as the drop has been more significant than that of the entire sector. That's why I believe there won't be the big drop everyone is predicting if they announce a reverse split it's already priced in for the most part. The market moves before the news. That being said meowmow is right, we could see more short term pain if the sector dumps. Support level appears to be .87 if that breaks then all bets are off.

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