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Bullboard - Stock Discussion Forum Nutritional High International Inc. Ordinary Shares SPLID

High Fusion Inc is engaged in the manufacturing, processing, and distribution of infused edible products. The company's operating and geographical segments include Palo Verde; Pasa Verde; Oregon; Colorado; Nevada and Washington. It generates maximum revenue from the Palo Verde segment.

OTCPK:SPLID - Post Discussion

Nutritional High International Inc. Ordinary Shares > LETS SEE .... YESTERDAY 12% ....WAS IT JUST A......
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Post by letsgetonthis on Jul 18, 2019 7:54am

LETS SEE .... YESTERDAY 12% ....WAS IT JUST A......

In stock market trading, a Bull trap is an inaccurate signal that shows a decreasing trend in a stock or index has reversed and is now heading upwards, when in fact, the security will continue to decline. It is seen as a trap because the bullish investor purchases the stock, thinking it will increase in value, but is trapped with a poor performing stock whose value is still falling.
Comment by Danorrn on Jul 18, 2019 8:48am
Or was it a positive engulfing pattern with the RSI and SMIIO heading up which closed above the 21 day MA? I guess we'll see.
Comment by LiquidOctopusV2 on Jul 18, 2019 9:00am
I'm pretty sure we can say that there is signficant support for this stock in these low ranges.  Frankly, when the whole pot sector took a hit recently, EAT/SPLIF held in roughly the same trading range.   The overall volume hasn't been amazing but it's been higher on some days.  It's hard to say anything about "bull traps" or whether it's part of a ...more  
Comment by letsgetonthis on Jul 18, 2019 11:44am
she seems to be holding !
Comment by LiquidOctopusV2 on Jul 18, 2019 11:56am
It's just my opinion, but I don't think we, the members of this board, should be overly concerned with small upward or downwards SP tracking on a lower volumes.  If it closes at $0.17 or $0.18 today, or even $0.195, it won't impact my strategy or buying and selling decisions in any way.  Would it impact yours?  Of course I want to see see the stock trade higher but it ...more  
Comment by letsgetonthis on Jul 18, 2019 1:23pm
always remember penny stocks are for trading ! not holding ! if that's your strategy to watch it go up and down then leave the money on the table that's fine !
Comment by Danorrn on Jul 19, 2019 7:48am
Unfortunately when the dark cloud appeared, for some reason, I doubted it. Now I'm down.
Comment by letsgetonthis on Jul 19, 2019 9:03am
that dark cloud might be over us for another few years before this sector goes again , especially right now the CSE is dead !
Comment by LiquidOctopusV2 on Jul 19, 2019 11:29am
The sector had a reality check from a few big weed stocks.  I doubt we're waiting years.  There will be renewed optimism just in time for October.  And, the potential of a Democratic president on the US side with most of the candidates committing to legalize weed will really offer the whole sector a shot in the arm.  Geod used to routinely say, a biggest greenrush was yet ...more  
Comment by 420man on Jul 19, 2019 2:27pm
100% . Cali focus & expand their money maker calyx . If they truly triple their distribution footprint I wonder if one could assume revenue would 3x .Close deals . Gtlv & Pasa Verde labs in Sac ... As much as we hate the cash burn they can’t burn forever . Big news about Thailand and Asia medicinal & Germany . Legislation changing to allow interstate distribution / sales could allow ...more  
Comment by DustinF on Jul 19, 2019 7:06pm
Everyones so interested in a takeover. I'm interested in the sucess' you've mentioned, what they are working towards. And would love them to purchase primary ownership in Aura Health. If they could do all that, and focus on branding, and bringing more desirable products(and just products in general) to market, than we become a competitor in this sector.
Comment by geodcan on Jul 20, 2019 2:12pm
Yes, I still think the biggest is yet to come.  The US greenrush will be phenomenal for some and very painful for others. Canada is working towards edibles/beverages and all of the products that aren't legal yet but they are really approaching it in a debilatating way hogtieing it with over-regulation that is neither fair or practical by comparison to Alcohol.  The advertising and ...more  
Comment by Danorrn on Jul 21, 2019 10:59pm
Sorry, I posted about the chart from another stock.
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