HCMC PT4Seeing some really nice action on HCMC at the moment… a recent breakout of an ascending wedge would lead me to think more upside is there in the short term.
As for the mid-term this is all about hype building up to the 26th of Feb when Morris decide if they’ll settle or take to court.
Long-term entirely depends on mid-term, should the case go to court it could take 1-4 years to settle without a guaranteed result… this will likely lead to many investors taking profits causing a big decline in stock price.
Assuming they settle then all aboard, next stop🌖
HCMC trade ideas
HCMC Can we see this run between now and February 26th?Thoughts,
I'll be setting my stop loss at 0.0012 because the hype train could die out between now and the lawsuit. Making a couple hundred out of an initial investment of 50 bucks is fine by me lol.
0.5-1$ is a nice target but realistically take my profit if it hits 0.005$ which is definitely possible.
RSI seems to be strong but might take a dip in a week or two if they postpone the case.
Anyways R/R ratio is insane so we can all sleep well at night.
A cool company nonetheless ;)
(Not financial advice, just my Opinion)
HCMC baby!!!! This is I believe one of those lotto plays. Nothing really as far as charts and patterns. Besides the increase in volume. But just the shear interest of it and the potential risk to reward opportunities. Put what you don't mind losing just for the kicks. And it could have you laughing all the way to the bank.
HCMC Healthier Choices Management Corp. 10x reason?Healthier Choices Management Corp. provides e-liquids, vaporizers, and related products.
94.6M MARKET CAP
Healthier Choices Management Corp. announced the filing of its patent infringement lawsuit against Philip Morris USA, Inc. and Philip Morris Products S.A. in connection with their product known and marketed as “IQOS®.”
HCMC’s lawsuit includes claims that Phillip Morris is infringing HCMC’s patent rights in connection with IQOS®, an alternative tobacco product marketed and sold by Phillip Morris. Philip Morris claims that it is currently approaching 14 million users of its IQOS® product and has reportedly invested over $3 billion in their smokeless tobacco products. (globenewswire.com)
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