I'm new to trading. Need help to figure this out. GBSND is going crazy today, base on the good news today. I want to know will this trend last. Any technical analysis is appreciated. Thanks.
Posted Apr 17, 17 1:51 PMbyPoolShark
Tickers
GBSND
I got in late, not making any money yet, but your advice is to sale anyway. What is the reasoning? You don't think it will run up tomorrow?
what is your entry?
@Torkers I bought at 1.86. It went up to about 1.99 and went down below 1.80. I didn't want to hold it overnight without any advice, so I sold it at 1.80 to be safe.
$1.86 is waaay too high for the time being but HOLD any such position. OWCP has announcement pending, important announcement of a new product. The word is that end of April the announcement will be out. Plus, they are going to Cannabis Conference in Monte Carlo where they will most likely be promoting cannabis medications for the European markets. Bankers will be there as the owner of OWCP is a Jewish banker from Colorado.
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