What is coming next.
Updated
Technical
HCMC is forming a bigger or smaller triangle. Which could lead us to 0.0028-30 but also to 0.0009...
HCMC seems extremely oversold so logically it should move up if there is some buying pressure.
In my opinion, HCMC doesn't seem like respecting technicals. So yes.. technicals are pretty bullish...
But we could as well consolidate at 0.001-0.0015 for a while and wait for the next earning or some big news..
Fundamentals
So as we all know, HCMC is in a lawsuit with Philip Morris. - neutral
However, this can take even years to finish...
HCMC also hit the earning pretty right. - Bullish
Also as we could see last Friday, HCMC lawyers did a really great job.
We still have to wait for PM's response. The deadline is on the 16th of April.
Me personally, I'm not counting on the lawsuit 100%, I also believe that HCMC has great potential.
Earning in Q2 might be crucial.
Lawsuit
If any of you wanna learn anything about HCMC and PM lawsuit I can 100% recommend you this YouTube channel "Go green investing".
HCMC is forming a bigger or smaller triangle. Which could lead us to 0.0028-30 but also to 0.0009...
HCMC seems extremely oversold so logically it should move up if there is some buying pressure.
In my opinion, HCMC doesn't seem like respecting technicals. So yes.. technicals are pretty bullish...
But we could as well consolidate at 0.001-0.0015 for a while and wait for the next earning or some big news..
Fundamentals
So as we all know, HCMC is in a lawsuit with Philip Morris. - neutral
However, this can take even years to finish...
HCMC also hit the earning pretty right. - Bullish
Also as we could see last Friday, HCMC lawyers did a really great job.
We still have to wait for PM's response. The deadline is on the 16th of April.
Me personally, I'm not counting on the lawsuit 100%, I also believe that HCMC has great potential.
Earning in Q2 might be crucial.
Lawsuit
If any of you wanna learn anything about HCMC and PM lawsuit I can 100% recommend you this YouTube channel "Go green investing".
Note
HCMC has also announced its comeback of their vitamin store. Almost all supplements have been sold out in a few hours...
It makes me think this stock is a sleeping monster...
All we need is some big catalyst.
Note
If anyone wants some educational videos about HCMC feel free to check this playlist.youtube.com/playlist?list=PLpCNRSpepwF4ZVLyigJJ1lrLYoCpjRnAE
Note
Come and check my idea which is being actualized more!!
Note
We need closure at 0.0012 or higher!Then we could see a break out of this descending channel.
Yesterday we also saw the first green at the MACD!
HCMC is starting to look bullish!
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