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Bullboard - Stock Discussion Forum Newstrike Brands Ltd NWKRF

"Newstrike Brands Ltd is a licensed producer and cultivator of medical cannabis based in Brantford, Ontario. The company cultivates and sells both forms including dried and fresh marihuana."

OTCPK:NWKRF - Post Discussion

Newstrike Brands Ltd > IMO .. A normal trading pattern..
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Post by skydiver069 on Jun 29, 2017 9:40pm

IMO .. A normal trading pattern..

I don't know why "Animal Turd" is so bitter about this pop & decline trading pattern..?  So the stock popped on the news of Downey's support.  Now you've got sellers and most likely shorters working the stock down.  Go and bring up a 1yr chart with the Bollinger Bands and you'll see the stock was outside the bands for a little while, and just recently drifted back in..  Still above the 20dma right now I believe.
Comment by George141 on Jun 30, 2017 9:49am
..any stock that shoots up like HIP is bound to come down some. However once it stabilizes it starts to go back up. This stock is priced well below what other weed stocks are in similar contrasts. They have a licence to grow..The support for the Tragicly Hip is intense in Canada. Justin Trudeau was in the audience at their farewell concert. Do not underestimate the public attachment to this band ...more  
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