$CWBHF Not worth the gamble, to much risk. in Charlottes Web.

It is so appealing to go for a long entry in CWBHF pre earnings, because it has been beaten down quite badly, but there may be just more downside and a better entry point. The technical indicators are all heading south and sell side volume continues to be high. If it were to drop out of the golden pocket below $14 it is a short to $8.

AVERAGE ANALYSTS PRICE TARGET $30.77
AVERAGE ANALYSTS RECOMMENDATION BUY
6 BUY
1 OVERWEIGHT

COMPANY PROFILE
Charlotte's Web Holdings, Inc. engages in the production and distribution of hemp-based, cannabinoid wellness products. Its products is comprised of tinctures, capsules, topical products, powdered supplements, single-use, beverage, and sport and professional products.