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Bullboard - Stock Discussion Forum 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 Discussion

View:
Post by Gilbert90 on Jan 24, 2019 10:37am

Tech analysis

The last time the resistance levels where large followed by a resistance levels narrow was on Jan 02 2019. And at that date the S.P. moved up from 1,34 to 1,60 in 24 hours.
Dec 31 S2 = 1,15 R2 = 1,39  (diff = 0.24$) Jan 02 S2 = 1,27 R2 = 1,35 (diff = 0,08$)
Jan 23  S2 = 1,62 R2 = 1,81 (diff = 0,19$)  Jan 24 S2 = 1,69 R2 = 1,75 (diff=  0,06$)

MACD and RSI up hill on all time frame charts (30 days 30 minutes, 20 days 10 minute, 5 days 1 minutes charts)  The only negative chart being the 2 years 1day where the MACD is clipping and the RSI going under 65.  But my pinky is telling me that FIRE will move up at a steady pace today and tomorrow.  I hope I'm not wrong.
Comment by traced69 on Jan 24, 2019 11:31am
I agree with this for sure... and also hoping your right. Fire is under alot of resistance, but its bound to break. Supreme is one of the cheapest pot stocks in the industry based on expected 2019 sales and earnings before interest, taxes, depreciation, and amortization. Most of its peers are trading at astronomical valuations. Need more eyes on Fire, people will realize soon. All the ...more  
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