LOBE Science on radar for swing tradeSome nice volume movement yesterday (3x above average) for a +50% price increase and expecting this could quickly reach its first resistance level at .13 (for another +100% gain) in the coming days if volume continues above average and MACD trend reversal is confirmed. This is a small growth-oriented technology and services company supporting canabis business in the US, so remains very speculative but perhaps a nice short-term swing play (NOTE: make sure to do your own analysis and DD).
LOBE trade ideas
LOBE - seems on a support floor, pending next trend movementSharing this observation as, since Lobe Sciences (formerly GreenStar Biosciences) announced it undertook a rebrand in November 2020 to shift toward the psychedelic medicine sector, it started to follow the market space trend. Seems to be consolidating on a good support in the .12-.13 range with an slow uptrend since Nov announcement, but will be a little more patient to see how it moves in the next days.