Top 5 in hemp derived CBD market, page-213

Cup and Handle Pattern starting to form in the short term. Back to that slow burn upwards daily and selling supply (profit taking) has stopped.

Looking for the Cup and Handle to form on the daily over the next few days. I am hoping the quarterly is left until the 30th/31st next week to let this play out and build.

Handle should be formed on the breach of the recent old 52wk high which I would not be surprised to be break out territory again and a re rate off the back of quarterly.

Revising my next target which just fell short last move from $3.20 to $3.50 for the next leg up and to form a new trading baseline leading into hopeful Australian licenses before Mid Year where we can finally start talking Elixinol Global cultivating Medicinal Cannabis in Australia and a clear front runner in the public sector in regards to revenues and activities/strategic positions. Enjoy the next ride folks.



Cup And Handle

"A Cup and Handle can be used as an entry pattern for the continuation of an established bullish trend. It´s one of the easiest patterns to identify."