NBEV Firing Long on 4 HR: Potential Long
Updated
Here is another trade I recently entered.
With the recent news of anti-marijuana AG Jeff Sessions retiring, NBEV so a tremendous increase in buys yesterday on the good news.
Currently firing off long on the 4 hour TTM squeeze and rumoured news of a buy out by cocacola/pepsi/etc, I believe the target provided would not be too far of a stretch.
I don't generally trade pot stocks, however it looked to good for me to sit ideally by.
1st Profit target @ 5.10 already hit for me, 2nd around 7-8 and exit position 9-10(only if buyout occures)
Good luck.
With the recent news of anti-marijuana AG Jeff Sessions retiring, NBEV so a tremendous increase in buys yesterday on the good news.
Currently firing off long on the 4 hour TTM squeeze and rumoured news of a buy out by cocacola/pepsi/etc, I believe the target provided would not be too far of a stretch.
I don't generally trade pot stocks, however it looked to good for me to sit ideally by.
1st Profit target @ 5.10 already hit for me, 2nd around 7-8 and exit position 9-10(only if buyout occures)
Good luck.
Order cancelled
NBEV Just announced that they will be doing an Public Offering , thus diluting the share holders price.No longer interested in this stock.
Exit.
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