KGKG: Off to the Races?
Updated
KGKG is my favourite penny stock at this time. Not only is there little volatility (figuratively speaking almost none when compared to most other penny stocks), but the company continues to post strong revenue numbers quarter to quarter.
They focus on Hemp Energy Drinks which is a strong and growing trend that will not falter or disappoint as we move through time. Although not directly related per se, the rebounding Cannabis industry will help push this stock higher as the sector rebounds over the next two months from their rock-bottom's.
On the graph, you notice every period of flat or slightly falling consolidation levels leads to an eventual break-out that is higher than the previous - either immediately or shortly thereafter.
I am targeting KGKG up to 0.15 anytime in August.
Buy and go long!
- zSplit
They focus on Hemp Energy Drinks which is a strong and growing trend that will not falter or disappoint as we move through time. Although not directly related per se, the rebounding Cannabis industry will help push this stock higher as the sector rebounds over the next two months from their rock-bottom's.
On the graph, you notice every period of flat or slightly falling consolidation levels leads to an eventual break-out that is higher than the previous - either immediately or shortly thereafter.
I am targeting KGKG up to 0.15 anytime in August.
Buy and go long!
- zSplit
Note
We had a gap down even though revenues beat expectations (again) which is a common false bear flag for stocks on the OTC (and to some extent even across the general indices).I am expecting $0.15 within the next few weeks.
Great company to throw 1.5-2% of your portfolio in. Since its an OTC traded stock, be prepared for extreme volatility however.
OTC trading is not for the faint of heart.
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