Liberty Health Sciences has more than doubled since
we went for it in October and
again in November, which is not bad going for a cannabis stock with 284 million shares in issue. The rise this month has been relentless, but it has been accelerating, and in recent days volume has become heavy, which means that there is an increasing risk that it will blow out soon with a sharp reversal, which could be made worse by the fact that there have been virtually no down days for weeks. Sure it could go higher, could even spike dramatically, but we’ll let others find out if that happens.
TAKE PROFITS IMMEDIATELY.
Liberty was the subject of an Email alert sent out before the open this morning (at 9.26 am EST) which read as follows…
“Liberty Health Sciences has more than doubled since we went for it in October and again in November, which is not bad going for a cannabis stock with 284 million shares in issue. The rise this month has been relentless, but it has been accelerating, and in recent days volume has become heavy, which means that there is an increasing risk that it will blow out soon with a sharp reversal, which could be made worse by the fact that there have been virtually no down days for weeks. Sure it could go higher, could even spike dramatically, but we’ll let others find out if that happens.
TAKE PROFITS IMMEDIATELY.
An article with latest chart is in preparation, but there is no time to get it up in good order before the open, hence this Email alert.”
Liberty Health Sciences, LHS on CSX, LHSIF on OTC, closed at C$2.39, $1.87 on 27th November 17.
Posted at 9.45 am EST on 28th November 17.