Hemp, Inc. HEMP
Additionally, the RSI is in the power zone, the volume and momentum has really been picking up, and the PPO recently had a crossover. We can now see that the lines are really starting to diverge.
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Bebida Beverage Co. BBDA
BBDA has been on our watchlist for a while now (July 6th), logging some monster gains in the process. The low during our time of coverage was .0015, and running as high as .019, marking a whopping 1226% gain.
The stock has been struggling to maintain an uptrend since it peaked at its high. There have been a few small bounces, but nothing we’d call sustainable.
We have a descending wedge setup happening on the chart, and once it breaks out of that pattern, we could be in for the next round of gains from BBDA.
The RSI looks ready to come off of being oversold, while the PPO is pinching, getting ready for a cross. The histogram appears ready to flip up to the bullish side as well.
Yesterday we saw a textbook bounce off of the 100DMA (.0061), only to run into resistance at the 20DMA (.0076). The stock closed at .0065. The next resistance points are the 20DMA of .0076 and the 50DMA at .0101.
A break here could send us clear to a penny and a half, or even re-test the previous high at .019, bringing us gains of 100-200%
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Baron Capital Enterprise, Inc. BCAP
We re-alerted BCAP last Friday. We wanted to congratulate members who caught yesterday’s bounce. BCAP held support at .0007 this week just as we had hoped, and made its run to .0012.
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Extended Watchlist:
GDSM, HRDN, AONE, PDLI, SVNT,