$GDET Triggers Indicator and Trend Buy Zone.. 100% Upside TargetGDET
• Recent powerful build in high-quality inventory in CBD segment suggests positive catalysts ahead
• Company in position to expand Crypto Mining operations after positive negotiating result in energy cost-basis
• Hints of coming reduction in outstanding shares suggest cap table boost ahead
• Technicals favor long-side strategies in GDET shares on key support hold
There are two great trends that define the most aggressive long-term growth projections in 21st century financial markets, both of which will likely have a hand in defining the world investors face in the next decade to come: Blockchain and CBD.
Company has significant operations in both spaces, with a 100-rig mining farm in New Jersey and a wholly-owned subsidiary, The Greenery, that has started to book ecommerce sales of premium quality CBD products.
GDET also owns a cryptocurrency ATM business. You can withdraw dollar cash from your crypto account, and vice versa.
The company also has a cold-storage option called the DreamCard, which offers the highest security way to store crypto assets. As theft and hacking continue to be on the rise in the crypto the world, the DreamCard offers a sleek and potent solution.
Key themes:
Revelation about size of inventory of CBD products in step with powerful partnerships and strategies to aggressively monetize that inventory and expand Greenery brand awareness, including jump in marketing
Expansion in Bitcoin mining operations following renegotiation of electricity rates to improve breakeven level. New machines coming. More BTC getting stored up before next price spike, when cache will be monetized into USD revs
Move to start booking first major wave of revenue growth coming on near-term horizon
Industry data tailwinds:
- CBD space is set to grow by over 900% in 2019 and by many times that by 2023.
- Blockchain is set to be a $23 billion industry by 2023 according to Statista.
Key Points:
• GDET is a viable emerging leader in both the $23B Cryptocurrency Mining and the CBD-based products market, which is set to grow by 900% in 2019.
• GDET is making real money, with quarterly y/y revs increasing at 126% and a strong go-to-market lined up to monetize a powerful CBD product inventory to dramatically accelerate that growth in the months ahead.
• GDET recently negotiated a lower cost-basis to amplify its profitability in its Crypto mining operations.
• GDET also just receives large orders of both its Honey Hemp and CBD-for-Pets CBD products at it’s the Greenery subsidiary.
• GDET is coming off an RSI trough under 40, pointing to a massively oversold stock now heading back the other way.
• GDET just recorded a MACD Bullish reversal, suggesting a technical change in trend.
• GDET shares also just dropped to hit powerful chart level and Bollinger Band support in confluence and then rebounded sharply to potentially set up a bullish pattern heading into this week.
