GTEH
GTEH LongBounced off the bottom and now it looks like we're forming an upward channel.
RSI and CMF point to another quick dip for a prime entry, but we just closed over the 50 EMA on the 4 HR so that might act as support and not allow the dip.
Ideal entry at the bottom green line but a confirmed breakout over the top green would work as well.
GTEH belongs on the top of your watchlist. Only 1.2M in the floa========================
GTEH (GenTech Holdings Inc.)
Alert Price: $0.0331
Float: 1.12M
Chart Analysis
Company Website | Recent News
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Members,
Are ready to end this already highly profitable week of trading with a potential triple-digit gainer?
Please turn your immediate attention to GTEH (GenTech Holdings Inc.).
GTEH is in the process of creating a national chain of Hemp Centric Coffee Shop Retail Spaces where patrons can relax, drink CBD infused Teas and Coffees, try various own-brand products and experience holistic education and classes. The company is also building an extensive outreach program working with medical practitioners across the country in their own locations to educate their patients and increase awareness of the benefits of THC free CBD Products.
All of this is offered under the brand 'The Healthy Leaf'.
GTEH plans to enter the Apparel space and then, shortly after, the Consumer Goods sectors of the Hemp industry. Their intention is to continue to build a strong Board that can go into the growing market in the second half of the year with the acquisition of land ready for the growing of Hemp and producing CBD oils and products.
Here's why GTEH needs to be the only ticker on your radar:
Has one of the tightest floats we've ever seen.
Has a well recorded history of monster single-session moves.
Operates in a booming multi-billion dollar cannabis market.
The Company is on a three-year trajectory that will see them launch new branding, make strategic acquisitions and deliver its own branded CBD oil throughout 2019 and into 2021.
Recently announced the establishment of final lease negotiations for its first CBD coffee shop location.
We believe that this highly volatile, low-float alert has the potential to run-up triple-digits tomorrow.
In fact, we've done our very own chart analysis, and see the potential for a move of +282% from today's alert price!
About GenTech Holdings, Inc.
GenTech Holdings, Inc. is a publicly traded company under the symbol GTEH. The company is creating a national chain of Hemp Centric Coffee Shop Retail Spaces where patrons can relax, drink CBD infused Teas and Coffees, try various own-brand products and experience holistic education and classes. The company is also building an extensive outreach program working with medical practitioners across the country in their own locations to educate their patients and increase awareness of the benefits of THC free CBD Products. All of this is offered under the brand 'The Healthy Leaf'.
GTEH recently announced its line of high-end CBD products set to be offered in the launch of its new "The Healthy Leaf" CBD brand over coming weeks.
The initial products to be offered under "The Healthy Leaf" brand will include:
High-End CBD-infused Box of Chocolates
Premium CBD-infused Skin Cream
CBD-infused Artisan Teas
CBD-infused Artisan Coffees
Premium CBD Wellness Snack Bar
High-End CBD-infused Pet Treats
250ml Bottle of Premium CBD
"We are laser-focused on differentiating ourselves from the herd as we launch The Healthy Leaf," commented David Lovatt, CEO of GenTech. "The health and wellness space is a culture. By focusing on a holistic lifestyle branding process, we are lining ourselves up with that culture, and with our target market. Everything flows from that idea."
To assist with the launch, the Company has retained the services of Oxygen Graphics, a premier International Design Company. Oxygen will be tasked with logo design and the creation of the graphic representations that will define the brand, including business cards, kiosk and delivery truck insignias, product packaging design and graphics, labels, and web graphics.
In addition, as part of the primary launch, the Company will be launching its new web presence in the form of a sophisticated customer-facing website, which will include an e-commerce engine preview and a 3D walk-thru model of its physical store design. The site should be live in two weeks.
"This market is exploding with potential right now," continued Mr. Lovatt. "Growth estimates for the CBD market continue to ratchet higher. That matches what we are seeing from a boots-on-the-ground perspective as well. We have a very disruptive vision and we want to mobilize it as fast as possible. But the details need to be addressed with proper care. To that end, the Oxygen team brings professionalism, talent, and a wealth of experience to the table."
Recent Developments for GTEH:
GenTech Announces Official Launch in $2B CBD Market with First US Location
Yesterday, GTEH announced the establishment of final lease negotiations for its first CBD coffee shop location, with a five-year lease now under review. The negotiation comes as part of an aggressive multi-week process during which the Company expects to confirm the towns chosen for its first three locations.
“We have been all over the East Coast during the past couple weeks, working to nail down our initial locations,” noted David Lovatt, CEO of GenTech. “We first went to Miami, FL, in the trendy Wynwood area, then to Montclair, NJ, a wealthy suburban haven for professionals from New Jersey and New York. From there, we headed to SOHO and Williamsburg in New York – both extremely trendy, high-volume locations. The process has been highly productive, and we should have firm contractual commitments in place very soon, which will set in motion the most exciting steps of this strategy.”
Management notes that the Company is now in a position to begin work on securing at least one location over the very near term, with several others likely to follow.
The GenTech media team was also a part of the process, and the Company plans to release footage in the form of “video blogs” of the Company’s likely store locations to give shareholders a clear sense of the process in motion and the rare quality of the locations being considered as initial Healthy Leaf CBD Coffee Shop sites.
“The Healthy Leaf pivot is moving at an extremely fast clip at this point,” continued Mr. Lovatt. “We are on the verge of nailing down our initial locations imminently, we expect to unveil our initial branding designs within the next week, the new website will be completed and unveiled within the next two weeks, and all of this will be transparently accessible to shareholders and the wider investment audience in real time as it unfolds.”
Market Outlook
According to "www.votehemp.com," the 2017 market for Hemp was buoyant with 13% of the $820m US market being made up of Consumer textiles, CBD making up 23% of that market and Food being 17%. They project that CBD oil derived products will exceed $646 million alone by 2022.
The CBD market is one of the fastest growing consumer product markets on the planet right now, with some analysts projecting as much as 20x growth over the next 36 months. One of the truly unique facets to this growth curve is that has not been sponsored by any major existing brands from established large-cap corporate entities. It has been truly organic.
Technical Analysis
As we mentioned above, we may have never had an alert with a float this tight.
Yahoo Finance has the float on GTEH listed at just 1.12M.
We did the quick math, and that equates to just slight above $32K worth of shares available to the public for trading!
With a float that tight, it's no wonder why GTEH has a proven history of monster single day moves.
Here is just a small taste of the type of single-session gains GTEH is capable of delivering:
5/24 $0.0205 to $0.0339 for a gain of +65.37%
5/20 $0.0321 to $0.0440 for a gain of +37.07%
5/15 $$0.0340 to $0.0675 for a gain of +98.53%
4/30 $0.015 to $0.0270 for a gain of +80%
We've done our very own chart analysis and see the potential for a move of over +282%!
The Bottom Line
If you are on the hunt for monster single-session gains, then GTEH is the only ticker that should be on your radar.
That being said, we ask that you start your research on GTEH immediately and consider building a position tomorrow morning at 9:30AM EST
(*Remember to use a Stop-Loss Order or basic Limit Order to protect your gains, as well as limit possible losses.)
Best Regards,
The TopMarketGainers Team
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