Evening Traders,
Wow what a day for CBIS Cannabis Science, Inc. (OTCBB:CBIS.OB) today as SuperNova members saw this stock run over 60% closing at the high of day today. The question now becomes how high will CBIS run and where might the stock see some selling pressure tomorrow?
First of all we can’t ignore the news today for CBIS with A&E stating “A&E Begins Filming An 8-episode Documentary With Cannabis Science’s Newly Appointed Director of Horticulture Bret Bogue; Focused On Bret Bogue, World Renowned Medical Cannabis Cultivator” This is pretty big news for a small penny stock trading at $.10 cents right now.
So how can this news affect CBIS for tomorrow and what does the chart say for CBIS moving forward?
Well technically speaking resistance is at $.099 and then $.137 followed by $.15 which is still 50% higher than today’s closing price of just under a dime. So I suggest you keep an eye on this hot little penny stock as todays news could continue to push the stock higher into Thursdays trading.
Want more hot stock alerts like CBIS? Today my SuperNova members got CBIS in our chat room as well as being alerted to buy the stock via cell phone text message and email alerts. If you are ready to jump on board with a newsletter that calls stocks like CBIS, ATRN, HSOL and others, then be sure to click on this link right now and pick the package that works best for you!
See you in the winners circle Stock Analyzer
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Post Written By: Super Nova
As a trader, I have spent the last 15 years navigating and scanning the penny stock markets. I don't know anyone who has the breadth and depth of penny stock experience that I do. Through my proven methods I have consistently found some of the markets biggest and most profitable trades...and the great news is that I will share them with all of my subscribers.
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