Aleafia Health Inc ALEAF

Aleafia Health Inc. is a federally licensed Canadian cannabis company offering cannabis products in Canadian adult-use and medical markets and in select international markets. The Company is engaged in the production, sale, and distribution of cannabis. It operates a virtual medical cannabis clinic staffed by physicians and nurse practitioners which provide health and wellness services across Canada. The Company operates two licensed cannabis production facilities and operates a strategically located distribution center all in the province of Ontario, including the largest, outdoor cannabis cultivation facility in Canada. The Company produces a diverse portfolio of cannabis and cannabis derivative products including dried flower, pre-roll, milled, vapes, oils, capsules, edibles, sublingual strips and topicals. It markets and sells cannabis products through regulated intermediaries into selected international markets, tactically sells cannabis products into Canadian wholesale markets.

GREY:ALEAF - Post by User

Aleafia Health Inc

Bullboard Posts

Comment by 1hot-techwomanon May 07, 2020 12:28pm

141 Views

Post# 30998388

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:My guess is we will close at .64 @ 3:59

stocktracker101 wrote: We are approaching the 200sma.
Major resistance here at .71
Many have doubled from .31 to .35 and are going to take profit here.
Let see if the run still has some steam behind it.
See the chart below.
Green line = 200 day simple moving average.

https://www.tradingview.com/x/4veUX6lQ/

stocktracker101 wrote: last resistance at .54 & .61 is now support.
200sma at .71 and the .73 pivot will be the next massive resistance

see the chart in the link below.

The green line is the 200sma, yellow = 50sma, blue =34EMA, red = 20sma & white = 8ema trigger line. dotted lines are the pivots @ .54, .61 & .73

https://www.tradingview.com/x/DbKkPh4m/

Although TA can indicate short term direction, a realistic market cap will define whether it continues upward.
Currently it is @ $170 million market cap. Sales of 42.5 million per year at x4 multiple or appx 11 million per quarter with lowered expenses and some profits will be required to maintain this share price.
Any earnings above that and/or upcoming milestones will push it higher.

glta..

Miamirules wrote: .72 is the next level of resistance .. once we pass that level .. Aleafia shoudl easily get to $1.00 really quick !