SPRWF Triangle play here. All levels are marked, chart is easy to understand. Looks like it bouncing good, fell to .93c and back to 1.09$ right away, so buying pressure is here.
Will see how it plays out on upcoming week.
Supreme
I give it 4 years and we will see this grow. CEO HAS PASSIONVery clear levels are being shown here for people to play in :) 1.00 support is holding.
First support after impulse was .66 cents a test lower is still possible but highly improbably with harvest season entering. Time to offload and make profits then rinse and repeat for growth.
I have highlighted the False W and accumulation examples on this as well. Be on the lookout for a possible fail at 1.32 again
youtu.be
$SPRWF $FIRE Daily Technical's Reset - RSI - MACD - Volume Fundamentals are solid for Supreme, very bright future imo. Long term uptrend in tact. Daily technical's appear to be resetting. See chart technical analysis for details. GLTA
Supreme Cannabis Company: ProducerReentry price levels to watch. Short term short looking for price entry.
Description
The Supreme Cannabis Company, Inc., a development stage company, engages in the production of medical cannabis in Canada. The company was formerly known as Supreme Pharmaceuticals Inc. and changed its name to The Supreme Cannabis Company, Inc. in December 2017. The Supreme Cannabis Company, Inc. was incorporated in 1979 and is based in Toronto, Canada.
News: finance.yahoo.com
Highlights: (1) Supreme Cannabis’ fourth quarter revenues were $3.55M, 71% greater than its third quarter of $2.07M. The fourth quarter represents an annualized revenue run rate of $14.2M which trails the industry leaders for now, but is already greater than other notable industry names such as Cronos Group and The Green Organic Dutchman.
(2) Revenues for fiscal 2018 were $8.85M, which is one of the best first four quarters of revenue among all licensed producers including market leaders like Canopy Growth and Tilray Inc., who recorded revenues of $1.9M and $6.9M, respectively, in their first four quarters of sale.
(3) Supreme Cannabis trades at a significant discount to others when comping revenue
Current Total Square Ft: 304,920
Future Total Square Ft: 304,920
Location: Kincardine, Ontario, Canada
Website: www.supreme.ca
Number of Employees: Unknown
Market Cap: 435.729M
Ave Volume: 507,741
Supreme Cannabis FIRENot sure what happens from here but this stock has recently tapped the 2.42 range 3 times and is looking to try again. If it breaks that level it will go higher. Not saying it will break that resistance but if it does it could be a nice play. The company is, in my opinion, pretty solid as far as cannabis companies go.
