Been a while since I've done an update on MJ so here it is & man does this look ready to rip! 200SMA X 50SMA Squeeze watching for the golden cross-up! Accumulation is the name of the game, I cant see this heading anywhere but up from this point! This chart is TIGHT, imho we should see some decent moves in the mj industry in the near future. Price alerts above $15...
Do you see what we see? Trends are trends... But Flags are Golden.... Now which way?? Revenues up 30% Gross margins at 40% (which is excellent) Operating Expenses DOWN Expanded Partnership with Molson Coors to explore US CBD in CO..... All we can say is that when Revenues go up 30% from Quarter to Quarter... ya that is a positive for this stock!
i am hoping small profitable players in the Mari-Jane field become profitable enough to survive and the space become just another commodity that the big companies do not buy it out and price gauge us its high 29.85 reverse stock splits 1 for 4 , AUG 31 2015 1 for 5 , JUN o3 2016 1 for 3 , JUL 26 so 60 shares ...