CP1 0.00% 17.0¢ cannpal animal therapeutics limited

Here is a 5 Year, 1 week chart of AC8, which is worth looking at...

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    Here is a 5 Year, 1 week chart of AC8, which is worth looking at because it is instructive for CP1 shareholders for whom the chart will soon become theirs (ours, I hold). You can see why AC8 holders are so exasperated and disillusioned, I would be too, its a shocker. But as @88M1nd rightfully points out, technically this is a perfect time to buy into it. They still have relatively few SOI so movements can be substantial, but it will be more liquid than CP1 is. It has bottomed and received substantial support around 13.5-14c, the current price. The RSI is extremely low, the MACD also suggests any movement upwards will be from the lowest base and if there is a cross of the 20 and 50 day Moving averages, even a small uptick will see targets of 39, 53 and 79c. 5 bags from here. Announcements of deals to commercialise products in the US will really get it rocking, which is where CP1 comes in. Could be very, very good.

    https://hotcopper.com.au/data/attachments/2660/2660429-62bb47ba07d38c549d83450b2210e496.jpg
    Last edited by Zenzen: 18/11/20
 
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