$CBDW broke the downtrend lineOTC:CBDW broke the downtrend line in a big way. With news out today as a catalyst this has big run potential.
CBDW trade ideas
$CBDW nice uptrend forming hereOTC:CBDW steady uptrend has formed, watching for a continuation next week to see if we can retest and break .10 from the last run.
$CBDW broke the upper bollie on Friday on massive volume.OTC:CBDW broke the upper bollie on Friday on massive volume. Last time the upper bollie broke, it proceeded a run to .20+. On watch for continuation.
$CBDW wedge ready to breakWedge is getting tight here, going to need to break one way or the other soon. I'm guessing with the support we've seen at .03+ this will be to the upside.
$CBDW wedge pattern looks ready to breakoutI've called several breakouts with OTC:CBDW in the past and this time looks no different. Clear support at .03 with a wedge breakout setting up here!
$CBDW downtrend broken, new uptrend formedOTC:CBDW just cleared major resistance at both the 50 and 200 DMA at .04. Downtrend has been broken and new uptrend is forming.
$CBDW new support line formedOTC:CBDW pulled back to support at the 200 DMA at .04. New uptrend has started, slight pullback here seems to support along with 200 DMA seems like a good opportunity.
$CBDW sitting at long term supportLooking to break this descending triangle, as we sit above support at .04 (200 DMA).
$CBDW 2nd bull flag breakout setting up?OTC:CBDW looks to be setting up for the next bull flag breakout from here.
$CBDW Bull Flag Pennant Pattern Forming OTC:CBDW setting up to break out again as a bull flag pennant pattern is forming.
$CBDW looking to break last resistance at .06OTC:CBDW called this initially in Nov sub .03, now looking to break last resistance at .06. Then blue skies. Looking for bids to fill in first.
$CBDW breaking outCalled the initial breakout here above .03, now looking to test .05+ near term with 52 week highs within reach.
$CBDW you won't find a more clear bottom than thisRock solid support above .02, (long term support) with launch of their new CBD app soon could be the catalyst this needs to reverse again
$GMZP you won't find a more clear bottom than thisRock solid support above .02, (long term support) with launch of their new CBD app soon could be the catalyst this needs to reverse again.
$CBDW chart updateUpdate to my chart from last week. Broke the descending triangle as expected. Now using .035 as firm support and starting to build a nice uptrend.
$CBDW sitting at support of .03OTC:CBDW sitting at support of .03, watching for a break of this descending triangle for confirmation of reversal.
