Zerez Holdings ZRZH
ZRZH provided us with a healthy intraday gain opportunity for the second straight session yesterday. Despite making its really big move on Monday, it still managed to trade in a range from .014 to a new high of .019; a 36% pop.
As we were just mentioning yesterday morning, the incredible run started out from a low of .0037 on Monday, so the two-day spike that we’ve witnessed comes out to 414% All that after simply noticing the stock wake up from a slumber in the prior session, so congrats to any who were able to use our alert to their advantage here.
While not directly involved in the cannabis space, we consider this one to be related in light of their smart greenhouse technology that is set to take advantage of renewed and ongoing interest in the cannabis growing business.
Galenfeha, Inc. GLFH
GLFH was another inclusion from Monday’s report that has steadily ramped its way up so far this week. Its range carried it up 35% from .026-.035 on our first day of observance, and yesterday it pushed its upper limit once again.
This time, the trading range was another modest move-up from .037-.043 (+16%) and the new high extended the total gains we’ve seen thus far to 65% in a two-session span. We’d be perfectly happy to see the stock continue its slow ascent in this fashion.
The Second Green Rush Continues
We once again took to the pages of our newsletter yesterday to urge everyone to zero in on marijuana related stocks due to the massive surge of volume and price increases that have hit the sector of late, and figure to continue through election day.
We’re counting on the passage of California’s recreational bill to pass, and of course, there are several other states where it’s a possibility as well. All in all, the cannabis space could balloon by a significant percentage of its current size and the moves we’re seeing already seem to be an advanced indicator of that.
Cannabics, Inc. CNBX – We first began calling for our readers to track CNBX on October 5th at which time we would see a low of .06. We’ve seen it go up hundreds of percentage points since then, and yesterday it piled on with another great session.
It traded in a daily range from .65-.94, for added gains of 45%, and an overall move up from our observed low totaling 1467% in just over three weeks!
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Marijuana Company of America, Inc. MCOA – MCOA is another continued mover. When placing it in yesterday’s report, it had already made a move of 490% from our witnessed low of .0094 to .0555.
Yesterday’s session added a run from .052 to .07 (+35%), which extends the gains we’ve seen on this play to 546% in less than a month’s time.
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Honorable Mention: Also among the pot plays highlighted in yesterday’s report was VAPE which posted a nice intraday gain as well. The stock traded from .01545-.022, for gains of up to 42% on the day.
Direxion Daily Gold Miners Bull 3X ETF (NUGT) – Options Idea
With the markets in general showing reticence over the impending election and the inherent uncertainties therein, we’re seeing some rocky road ahead in coming sessions for the dollar, so we want to have a plan in place for taking advantage of that, with a bullish gold call on NUGT.
To do that, we’re going to utilize the NUGT Weekly $15.50-16.50 Calls in the event that our suspicions on the state of things prove accurate.
Extended Watchlist:
DEAC, SGBY, SFOR, FRLF, MEDT, QEDN, CIIX, IFAN