Spy about to pump Spy about to pump
if 450 get crossed we may avoid a dead cat bounce trade
anyway we should be good at least for 3 or 6 months if is a cat bounce or no
good posibble movement all indicators looking amazing
HCMC
cbdl massive reversal3 months of consolidation and finally otcs and stocks ready to blast 0.0007 0.0006 trong support for a massive reversal cbdl amazon store
HCMC possible moves??HCMC has been tanking down recently... even tho there was a lot of bullish news.
What I am seeing is bullish flax that just needs to be broken!!
HCMC hasn't been acting technically... this might change...
There is some news that HCMC´s outstanding shares were reduced but we have to wait till Monday for the OTC market update.
If this is true We can expect a huge movement up...
If we can open above 0.0012 on Monday and close at least at the same level... it could also mean a bullish sign and we could see some buying momentum.
All we can say now is to wait... HCMC has great potential even without the lawsuit against PM... But a win in this lawsuit would just make things go faster...
I am still bullish in a long term... which means months or years...
In a short term, I expect a move up to 0.002 or move down to 0.009.
All the fundamentals of this company can be seen in my YT playlist linked below.
YT playlist: youtube.com
What is coming next.Technical
HCMC is forming a bigger or smaller triangle. Which could lead us to 0.0028-30 but also to 0.0009...
HCMC seems extremely oversold so logically it should move up if there is some buying pressure.
In my opinion, HCMC doesn't seem like respecting technicals. So yes.. technicals are pretty bullish...
But we could as well consolidate at 0.001-0.0015 for a while and wait for the next earning or some big news..
Fundamentals
So as we all know, HCMC is in a lawsuit with Philip Morris. - neutral
However, this can take even years to finish...
HCMC also hit the earning pretty right. - Bullish
Also as we could see last Friday, HCMC lawyers did a really great job.
We still have to wait for PM's response. The deadline is on the 16th of April.
Me personally, I'm not counting on the lawsuit 100%, I also believe that HCMC has great potential.
Earning in Q2 might be crucial.
Lawsuit
If any of you wanna learn anything about HCMC and PM lawsuit I can 100% recommend you this YouTube channel "Go green investing".
HCMC Trend Reversal (Pt. 5)Hi guys,
HCMC looking fairly promising right now, seeing the following bullish indicators (excluding fundamentals)
- Breakout from a multiple week downwards trend
- Bounce off the levels we had as support before the big run up
- Flipped the 200SMA, yet to properly test as support but nonetheless a good sign
Fundamentals still haven’t changed as such, while this may take longer than many initially thought the situation is still the same.
Philip Morris will try anything and everything to avoid this going to court. While they have filed a motion to dismiss it shouldn’t cause an issue, once the judge reads the multiple spelling and grammatical mistakes within the motion it will be clear it was a last ditch attempt.
Anyways, make sure you do your own DD and also buy a Q-Cup… Stay baked and let’s make this bread.
Discount?I am keeping an eye on this deep. It might be another opportunity to buy more before it left the bottom.
Left downtrend channelHCMC left the downside channel but still in consolidation. There is a probability of retesting the 0.001457 area.
The Boom is imminent! This stock is about to fly.
This stock is a gem! Is a buy while still cheap. Building possitions here for the long term.
penny stock, just starting distribution phase Healthier Choices Management Corp. provides e-liquids, vaporizers, and related products. The company operates through two segments, Natural and Organic Retail Stores, and Vapor Products.
HCMC Area to holdHCMC is at a good area to hold, I could see it possibly wicking down to the 0.0007 level.
This stock is very over hyped so be careful when trading this stock.
Any advice is welcome.
Cheers Jake
Correction done!I'm buying this deep, thanks to the discount. Holding and forgetting.
Already done a huge correction due to overbought. Above 50% RSI level so still bullish. MACD shows weak downside which could mean just a necessary correction, not a sell-off. It has been bought since falling.
Buy your ticket and take your seat, my friend! Let's enjoy the heights.
HCMC Bullish Argument #1Hello,
- RSI bottomed out
- reaching previous tail lows.
-bottom of the price?
To be continued,
till next time.
Falling wedge on RSI and fibs corection.Good morning mates, HCMC has made a retracement of 0.60 fibs and still in good are for buying and accumulation. The RSI shows a huge falling wedge about to break. Due to the company circumstance and already made correction this stock only option is up.
Do your DD and good luck!
HCMC: The Start of Some MovementWith the lawsuit coming up, HCMC has risen to higher levels in anticipation of a successful court date.
The current volume and popularity this penny stock is receiving lately are undoubtedly impressive. Future improvements this company can make with more money are immense.
Based on general price predictions of TA and the alarming amount of exposure this penny stock is receiving, some room for growth is highly probable.
Yahoo Finance predicts the price per share will increase drastically along with many other 1-year estimate sites. This is definitely a long hold but more specifically, a good time to join now because the price is still less than half a cent. It is not too far-fetched to believe that this could exceed 1 cent after winning the lawsuit. Besides that, the CEO has purchased over 1 billion shares in anticipation of this market mover. Today was the first day of some upside and I would say it is starting to look pretty bullish yet again.
If the second resistance level is broke tomorrow then there is potential for a lot of upside.
Current Supports and Resistance Levels:
R3: 0.0047
R2: 0.0044
R1: 0.0041
PP: 0.0038
S1: 0.0035
S2: 0.0032
S3: 0.0029
Supernova if it breaks the resistanceHold your cash and be patient when HCMC will break the resistance. If it crosses the upper yellow coloured resistance, it ganna be $1 soon...
