GREY:ALEAF - Post by User
Comment by
geesemanon Aug 02, 2019 5:02pm
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Post# 29990452
RE:What a Great Move!!
RE:What a Great Move!! What makes you think the a rumor moved the stock higher? It could be that ALEFIA has been oversold for a long period of time and the shorters were depressing the stock price.
Why dont you start a rumor that Alefia and Canntrust will form a new company run by Alefia and the merger is of equals....ALEFIA share price would jump to $2.00 and Canntrust would fall to $2.00.
Todays stock was a breakout above resistance levels, momentum is now in our favour. Technically, $ 1.38 is the next resistance level which should retest this next week. Hopefully, a breakout above $ 1.38 would be awesome with next resistance at $1.68.
With the large quantity of shorted shares, who knows what will happen next week.
Have a great long weekend.
GEESEMAN