Out of the downwards channel now. RSI getting a little hot but history says it CAN a little hotter than this before a retrace.
If we stay above 17c or so we should see the 50 day MA start to move up again. It's starting... but not convincingly just yet.
Sideways for a week around these levels would suit me just fine.
If we hold somewhere around these levels and we get a good announcement, we could very well see the start of the climb back up.
Still stand by what I've said in the past....
If we nail all 3 of our major revenue streams (Freshero, Gibio and MJ cultivation), this can be a very easy $2 stock within 2 years.
If we nail all 3 of our major revenue streams we should see ~$40m annualised revs by those 2 years.