I'm a happy for a short term or medium term trade myself.
we all know when EVE runs it goes hard
- imo EVE are in a stronger position now than when they peaked at 3.2 cents
directly
1. they have tapped into the massive and lucrative Chinese market.
2. finalized the deal in Meluka honey
3. started shipment of ommi diabetes's product
4. had time to churn thru all the placement holders at 0.005c
5. cash on hand
6. SP based out and found support on 1.4c, right on the 68% retracement level.
and has since moved on up
7. more news flow to come, possible acquisitions in the hemp or other industry's
such as block chain
indirectly
1. cannabis market is more mature and progressive than it was a few months ago.
2. California legalised cannabis recreational use
3. Australian stock market is the strongest its been for years
4. Australian government want to be progressive for cannabis use in Australia.
5. QBL with significant news Monday, should rub off on use here at EVE
imo there is a strong case to buy atm.
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