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KONA GOLD BEVERAGE INC.KONA GOLD BEVERAGE INC.KONA GOLD BEVERAGE INC.

KONA GOLD BEVERAGE INC.

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KGKG trade ideas

KGKG: Off to the Races?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
OTC:KGKGLong
by PaulDeep19131
Is The News Enough for KGKG?KGKG came back from the dead today but is that news going to be enough to keep the trend going next week? "The company announced distribution through 15 new distributors in 14 states. The deal will see Kona Gold’s hemp energy drinks and CBD waters go on sale in new markets. The company is now partnered with 31 distributors and has distribution in 30 states. Chris Selinger, V.P. of Sales of Kona Gold Solutions, Inc. said, “With the opening of our South Carolina distribution center, we will have the capability and capacity to service our growing distributor network.” From 5 Penny Stocks To Buy Or Sell Next Week? - on PennyStocks.com
OTC:KGKG
by PennyStocks101
1
KGKG: Kona Gold Solutions Inc. CBD Bev TOP CompanyFA: Kona Gold Solutions, Inc. Cancels Preferred Shares and Lowers Number of Authorized Shares $KGKG seekingalpha.com FA: Annual Financials for Kona Gold Solutions Inc.https://www.marketwatch.com/investing/stock/kgkg/financials - they are forecasting a for by next quarter 2019 I'm very long KGKG; this company will be acquired. It is only a matter of time, bar some unforeseeable event. They are connected to VATE as well. I am long VATE too, but have a lower risk positions. Not advice - just my opinion.
OTC:KGKGLong
by Charts_and_Such_1
KGKG volume kicks in for big run, fundamentals kick things offThere are so many things I like about this chart and company, I barely know where to start. But I guess I'll work through it chronologically: You can see the last few steps of it on this chart, but if you look even further back on the chart, you see a clear series of fractals where every marijuana season, KGKG has a big run. However, unlike many scammy MJOTCs, KGKG does not do a full retrace. As the marijuana OTC market cools off, it declines, but it does not make new lows or even hit old lows. It's a stairstep up of 5 steps up, 2 steps back. This indicates the quality and staying power of a real company with delicious products that is working hard to grow. Folks that do deep due-diligence are willing to hold onto the stock, not drop it at the first signs of a peak. The last run from trough to peak was about 500%. We're only at 60% into our current run and the old all-time-highs are only 230% from trough. On the year-long timeframe, we are breaking upward out of a massive falling wedge, a classic TA pattern that is one of the more reliable bullish patterns. And the bigger the pattern, the bigger the implied gain. We consolidated in a pennant formation above the falling wedge breakout, a bullish continuation pattern. We broke down out of the pennant. Now according to classical technical analysis, this is not good. However, I've noticed these fakeouts more and more, especially on low liquidity markets. Big players--whales--sell a ton of stock to break the price down out of the pattern instead of up out of the pattern. They do this to try to trigger stop-losses and access "liquidity pools" where people are willing to sell their shares because they're scared of further downside risk, thus they have a stop loss in place. This allows them to scoop a large amount of cheap shares before taking the price back up. This is actually a very good sign because it means whales are invested and will do the heavy lifting to take the prices higher so they can profit. The second excellent sign was that the whales failed in scooping liquidity down in the stop loss region below the pennant pattern. Notice the volume bars on the days we went down there: very low. This is a second good sign because it means the shares are mostly locked up in strong hands. We don't have a bunch of retail investors panicking and selling at the slightest provocation. Having a float locked up in strong hands is essential for a strong bull run. KGKG for a long time has had a high-quality product, but they did not have very good sales/revenue because Amazon was one of their primary distribution channels. Shipping drinks is expensive and not very attractive. They were slowly adding retail distribution partners, but they really needed to do more. Being a quality company, they did more. On Sep. 7th they hired Chris Sellinger an experienced beverage salesman who took his previous employer's annual sales from 70k cases sold to 1.1m cases sold in 36 months! He has already made a big impact with KGKG announcing on Friday (Sep. 28) that they've signed a deal with a beverage distributor in NC/SC with 1100 clients . They also announced and quoted their CEO as saying, "The Company has met all OTC requirements in order to uplist to the OTCQB, with the audit of our 2017 financials being the last piece. We continue to work with our accounting firm and are nearing the tail end of the audit. This piece is extremely time consuming and I thank our shareholders for being patient during this process. Our goal was to have the audit completed in Q3, but with the development of new products, the hiring of our V.P. of Sales, and focusing on Company growth, this has been pushed to be completed in Q4." These twin announcements caused a huge volume spike and a 20% price spike on Friday which burst back up through the pennant and revealed the fakeout. I make no predictions about how the continuation and multi-day run will continue, but I do expect it to continue, eventually at least, with a strong run through Oct, Nov, and Dec. I've marked support and resistance areas on the chart, though if we get a run like I'm expecting/hoping for, some of those resistance points won't put up much of a fight. We shall see. Full disclosure: KGKG is my largest position, so I am very biased, obviously. But that does cut both ways, because this wouldn't be my largest position unless I believed in this company. This is not financial advice.
OTC:KGKGLong
by HansMast
KGKG breakout falling wedge, consolidation, ready to runThe KGKG chart is looking really good. First off while it is influenced by the boom/bust hype cycles of MJ season, the downsides are a lot less severe than many because this is a real business with good products and real sales. The clear bottoming on the chart is a full 100% higher than the previous low. You can see the clear fractals of the huge run of an MJ season followed by long, slow decline and then another pop for MJ season. In this case the decline forms a very large falling wedge. It recently broke out of this falling wedge and sloppily formed a pennant mostly above that falling wedge resistance/support. This is approaching the end of the pennant and will break one way or the other. I think it will be up given the falling wedge and most importantly the seasonality and upcoming national hemp/CBD legalization catalysts followed by the full mid-term ballot-box MJ season in November. The big board MJ tickers like CRON and TLRY doubling and nearly tripling respectively over the past few weeks combined with MSM segments like CNBC's Fast Money's spotlight on pot stocks tonight (twitter.com) will brings the normal waves of retail interest and money to this sector. Low float, high quality CBD tickers like this will be the biggest gainers. This is my largest MJ stock portfolio holding. I am very long.
OTC:KGKGLong
by HansMast