Pressure building inside wedge!RSI and price charts are showing concentrated pressure. Probably gonna pop a bit here soon. We're really close to the all time low points from the past, and honestly $1 seems like a great value for this stock. Got me 200 shares. Planning to hold until year's end or late spring depending on when it REALLY pops.
Cannabisstocks
KSHB (Kush Bottle) is Packaged for Entry for Nov. Sales GrowthKSHB (Kush Bottle, CA-USA HQ) is showing strong entry on Friday pushing towards a resistance area and great entry zone.
Kush is the primary supplier with labeling and packaging approvals for cannabis industry. Up +6.65% on 8.24.18. after
downward cup and handle Feb-June. Packaging sales should start to impact bottom line for Q4 stock with early
orders. Kush also announced last week entry into chemicals sector for CBD Oil extraction and flavoring.
I can put a bow on this packaging chart, but you'll need to fill the box yourself. Sending <3
Cannabis viewers should also understand in a bear market vice stocks sell really well, so packaging for vice products is a good
place if you don't want direct risk in any one stock.
I'm long and see this over 6.25 by Dec. with entry in low 4's earlier than signals showed.
Stock charting is advised you come to own conclusions and decide own risks.
Troubling signs for WEED continueFake out Breakout has reversed and rising wedge pattern has failed as well. This should negatively impact the whole space until investors get some fresh new reason to get excited. legalization in Canada and other countries has shown slowed progress and buyers don't really seem to excited to pile in a these elevated prices.
MedMenThinking of buying some of them, they have great plans for the next years in America.
Just waiting if its breaking the green line for some more downside, to get a better entry point, but then I will wait 5 to 10 years.