GREY:ALEAF - Post by User
Comment by
Oilspecson Jul 07, 2020 3:56pm
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Post# 31235736
RE:RE:RE:RE:Anyone have
RE:RE:RE:RE:Anyone haveOilspecs wrote: Mamalikespie wrote: Something is totally up. They are trading at 2x Cash. The executives can't even exercise their options lol.
This is actually perfectly normal chart wise. It is trading in a range and in a wedge. Till we get a close above the green line it will continue to range. If it closes below the red line, it will go lower, although there is not much room to fall. I do not expect much till we harvest the outdoor regardless. As long as management continues to execute, things will fall into place. News on distribution are the key to rising very quickly, the question is do we have any coming? Does anyone in the space make announcements regarding anything? More than likely if or when there is news on distribution, it will not be announced as to keep the annonymity of the customer so the other LP's can not pouch them like vultures.
Basically in the end, if you believe in Aleafia, build your positions at price points that you believe are support levels. Lowrider64 bought at $3.27, he thought that was a support, he was wrong. Could the support we are at today be the bottom? Who knows? You can only win what you put in the middle!
https://www.tradingview.com/x/qAcMox0j/ AHLONG
This was not advice to you Mama, I know you are a chartist and know this info already. It is for others. I always enjoy when people post charts etc, it excites me.
AHLONG