The X-Change Corporation XCHC
These companies are our golden ticket to get in on the ground floor of a burgeoning industry. People have known about the versatility and usefulness of hemp for ages, but the window of opportunity for organizations to capitalize on its use is only just beginning to open wide.
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Starting on October 16th, we’ve published several reports following medical marijuana plays, including Cannabis Science, Inc. (OTCQB:CBIS) on several occasions. It was a stock that provided us with a lot of good opportunities for gain, including a 150% rip from .04 to .10 back in November. Today’s new interest, The X-Change Corporation, recently acquired CBIS’s “Phytiva” Brand of products, including all associated rights and companies. Phytiva is a line of hemp-based personal care products that includesLip Balm, Moisturizing Cream, SunScreen, and an Anti-Aging Serum.
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With conservative estimates placing the value of the cannabis sector at roughly $40B a year, and the personal care/anti-aging industry at a whopping $350B, there is no doubt that XCHC is a promising prospect in an extremely desirable, not to mention fashionable, market space.
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As it turns out, we are focusing on XCHC at a good time with regard to the conditions on the chart. The RSI is beginning to appear oversold, the Slow STO is pinching in for a cross, and as you can see by our annotations below, we are observing a descending wedge pattern as the stock gears up for its run.
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We also had a short video presentation of XCHC prepared, so click here and take a look.
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Recent News:
- X-Change Corp In Discussions to Rollout Phytiva Products in China and Southeast (Fri, Jan 25)
- X-Change Appoints Harvard Law School Graduate Chad S. Johnson, Esq., to the Board of Directors, as Chief Operating Officer (COO) and General Counsel of the Corporation (Thu, Jan 24)
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For more information, visit: http://www.phytiva.com