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Supreme Cannabis Company Inc. (The) T.FIRE

The Supreme Cannabis Co Inc is a Canada-based company engaged in the production and sale of medical and recreational cannabis. Its portfolio includes products that address recreational, medical, and wellness consumers. Its brands include BlissCo, Truverra, 7ACRES, Sugarleaf, and Hiway.


TSX:FIRE - Post by User

Post by Aurum1983on Feb 16, 2021 11:35am
153 Views
Post# 32573480

backtesting .40 support

backtesting .40 supporttechnically we are still backtesting support at .40. We haven't stablized yet. Normally after a move like last week and the excellent ER, what you want to see is price coil up around support (.40) with decreasing volume. Give some time for the shares to recycle into stronger hands and build up energy for a move higher.

We are trading at .35 compared to $1.00 a year ago and FIRE is much better company now. If you truly believe in the fundamentals, the outlook and that we are undervalued, then this short term noise shouldn't bother you at all. Just buy on dips and keep averaging down.
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