Chalice Brands Ltd CHALF

Healthcare Cannabis

Chalice Brands Ltd. is a U.S. operator in the most competitive, innovative and mature cannabis market in North America. Leaders in retail, marketing and craft cultivation supported by fully integrated processing and distribution. The Company has 12 retail stores in Oregon operating as Chalice Farms, Homegrown Oregon and Left Coast Connection and is distributed nationally through Fifth & Root.

GREY:CHALF - Post by User

Chalice Brands Ltd

Bullboard Posts

Post by daveinvestoron May 26, 2020 5:52pm

111 Views

Post# 31075330

How about that volume today?

That's something we haven't seen for a while.

Not stating this will happen but:

https://pocketsense.com/trade-volume-spikes-stocks-5224.html

Buying and selling stocks based on volume spikes is a proven short-term trading strategy. Sudden upsurges in the number shares of a stock traded usually indicate that an existing upward or downward price trend is about to reverse direction. The reason for such a spike in trading is that buyers and sellers of a stock tend to switch their positions at the same time, Buyers start selling a stock that has been trending upward or sellers of a stock that is trending down conclude it has hit bottom and start buying. This causes the number of shares traded in a day to shoot up to double the recent daily average or even more.