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NBEV

Lotto Ticket Play, Highly ManipulatedJust something I remembered from a few years back. Love that tradingview play button, so figured I'd post the look just to see what will happen. Noticed it was moving. Back in 2018, for awhile it was the darling of speculatives in the weed stock sector, rising from sub $1.00 to $15.00. That was back when TLRY blew up the stock market. They recently entered into a deal with Benchmark for a $75,000,000 ATM offering. Again, there's probably much better plays out there; just posting the view -- not really bullish or bearish.. Cheers and good luck.
AMEX:IGC
by stocktradez6
2
$NBEV Swing PlayThe goal for this swing play is for the price to float out of its weekly wedge and bounce off of the trend low (of the previous uptrend) and make a move up to test the trend high (of the previous downtrend). The play will only work if the price can float through trend, if not then the move down will continue and the price will be squeezed by the wedge. The potential gains of this play range from 9.40%-14.80% and the max loss is 5.05%. Fractal Key: Monthly Trends- White Weekly Trends- Purple Daily Trends- Yellow Hourly Trends- Teal Exit Targets- Green Entry Targets- Blue Stop-Loss- Red Position Targets: Entry- 2.77 Exit 1- 3.03 (9.40%) Exit 2- 3.18 (14.80%) Stop-Loss- 2.63 (-5.05%)
NLong
by A_x_A
NBEV bounced off the 200 Day MA strong.Does this potentially indicate a bottom for NBEV? There's a nice rounding bottom that may form a cup & handle A cup and handle price pattern on bar charts resembles a cup and handle where the cup is in the shape of a "U" and the handle has a slight downward drift. A cup and handle is considered a bullish continuation pattern and is used to identify buying opportunities. Traders should place a stop buy order slightly above the upper trend line of the handle. It is worth considering the following when detecting cup and handle patterns: Length - Generally, cups with longer and more "U" shaped bottoms provide a stronger signal. Avoid cups with a sharp "V" bottoms. Depth - Ideally, the cup should not be overly deep. Avoid handles that are overly deep also, as handles should form in the top half of the cup pattern. Volume - Volume should decrease as prices decline and remain lower than average in the base of the bowl; it should then increase when the stock begins to make its move higher, back up to test the previous high. A retest of previous resistance is not required to touch or come within several ticks of the old high; however, the further the top of the handle is away from the highs, the more significant the breakout needs to be. The RSI is high on all time frames except on a 5 year chart attached to this one you can notice the RSI is around a 46 which is kinda neutral, it's approaching an area where there's been some moderate resistance, but the RSI has risen to a 94 on the 5 year chart & it's stayed in the high 70s for the 2016, 2017 & 2018 bull run. It's interesting that they've recently launched a CBD Hemp beverage in Japan.
N
by ScotianBot
When Will The Bleeding End For NBEV?This has gone from Prom king to drop out real quick. I think a lot may have had to do with expectations built up over time but at the end of the day, who really knows? Let's hope that October is better to them than other months considering what's set to happen in the industry in Canada. "Clearly, the hype from the deal has proved to be nothing more than that; hype. Right now investors might also feel that the company vastly overstated their capabilities. The question now is will NBEV stock continue its slide or can it recover before the end of the year?" Original Article: Penny Stocks To Buy Or Sell: New Age Beverages (NBEV)
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by PennyStocks101