OK Tripled my position at 58c.
I think I'm good for Exl, build up a sizeable position some at $1, 2X more that previous at 72c and 3X more than previous total line at 58c, average price now very good and lined up with strong technical levels.
Max downside is 47c, max upside is $2 with a gap fill within the year. Resistances around 80c and 1.51c now.
Has the market waken up to the fact cannabinoids are immune system boosters??? shhhhh. Everything will sell out when people start understanding it. There is not enough when people wake up to what a raw cannabis oil (not even decarboxylated) will do to their body to prevent or fight illnesses in general.
Or has it waken up to the fact it literally kills most of the pathogens in the body, from a cancer cells (cell apoptosis observed in vitro and in vivo),to other fungal, viral and bacterial infections?
Here is a preview.
https://www.theguardian.com/society...nd-could-be-weapon-in-fight-against-superbugs
The economy could slow down by 30%, what will be left standing is companies providing food, medicine and things people actually need.
Short cruise companies, long cannabinoid based pharma.
And the technical analysis shows we've entering a long upswing leg of the cycle.
Many good news are coming from a regulatory standpoint, US, Australia and ROW... The whole industry will experience its second wave of investment.
Guys, hold on dearly, because not everything is going to go down because of this virus. If anything, this virus is a catalyst for A LOT OF CHANGE.
Stay tuned.
