$GBLX - GB Sciences Marijuana Play

$GBLX - GB Sciences is a great way to get exposure to the Marijuana industry that of course we all know is booming. The attraction here for me was a deal GB Sciences made late last year with LSU to provide medical Marijuana ( THC ) to approved patients in Louisiana as well as other retail revenue streams they have in other states. Although they are an OTC stock the deal with LSU legitimized them as a viable company in my eyes. The stock has recently had a great run and I took profits from my buys in the low to mid $0.20 range after observing a reversal on the stock.

If you notice in the chart it has now broken through the lower end up the uptrend channel that had developed prior to its huge run to $1.56 along with several key Fibonacci Retracement levels. Considering it blew right through the 61.8% and 50.0% retracement levels I am expecting a dip down possibly to test the 38.2%. If 38.2% can't hold then they next key level of support would be $0.64 which held well in mid December followed by Fib Retracement 23.6% at a price of $0.547.

I plan to add 25-50% of my position back at Buy Target 1 depending on how strong or weak it looks. I will initially set a buy limit order for 25% at target 1 to get an auto fill and will observe manually to see if it bounces off of this level.

Buy Target 1: $0.74
Buy Target 2: $0.64
Buy Target 3: $0.547

Sell Target 1: $1.56 (25-50% of Position)
Sell Target 2: $2.37
Sell Target 3: $3.70 (Longer Term)
交易進行: Near Buy Target 1
交易進行: Added more today
ZH 繁體中文
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
AR العربية
HE עברית
首頁 股票篩選器 外匯篩選器 加密貨幣篩選器 全球財經日曆 如何運作 圖表功能 網站規則 版主 網站 & 經紀商解決方案 小工具 圖表庫 功能請求 部落格 & 新聞 常見問題 幫助 & 維基 推特
概述 個人資料設定 帳戶和帳單 我的客服工單 聯絡客服 發表的想法 粉絲 正在關注 私人訊息 在線聊天 登出