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Indiva Ltd V.NDVA.H

Alternate Symbol(s):  NDVAF

Indiva Limited, through its indirect wholly owned subsidiary, Indiva Inc., is a Canada-based producer of cannabis servicing the medical and recreational markets. The Company is engaged in producing and selling cannabis products. It focuses on the production and processing of edible and extract cannabis products as well as packaging of edibles and extracts. Its brands include Pearls by Gron, Bhang Chocolate, Indiva Doppio Sandwich Cookies, Indiva 1432 Chocolate, and No Future Gummies and Vapes, as well as other Indiva branded extracts. Its product category includes edibles, capsules and tablets, and vape. Its edibles include Vanilla Double -Stuffed Chocolate Cookie, and Golden Vanilla Double Stuffed Cookie. The Company sells its cannabis products to consumers in the recreational market in the provinces of Ontario, British Columbia, Alberta, Quebec, Nova Scotia, Saskatchewan, Manitoba, New Brunswick, Prince Edward Island, Newfound.


TSXV:NDVA.H - Post by User

Bullboard Posts
Comment by LongTheGreenson Jan 24, 2019 4:20pm
129 Views
Post# 29277898

RE:Why cant this stock gain any momentum?

RE:Why cant this stock gain any momentum?

It will pickup some momo, it started today.

This is a great spot. It's given back 50% of the move from the post x-mas rally and is forming a bullish cup and handle pattern. With a volume boost, which it got today, things will move up to the .68-.75 range in no time. 

There have been some US short positions hindering the stock and based on the elevated US volume today, it would be fair to consider that some covering was happening. This is not a spot I'd want to be caught short. 

.70 is coming soon, and I'd bet the farm they eclipse a buck and head to the 1.50 area by Oct 17th. 

Bullboard Posts