Mellow Gold Glinting Below The Headline
Rally On, Traders!
CLS Holdings USA Inc. (CLSH) has been a huge hit for us as the company ramps up sales and product line in Nevada.
Yesterday’s headline initially looked a little low on the “kaboom” we’ve come to expect from this company . . . but drill down and the numbers are starting to add up to BREAKOUT action.
Is it any wonder the chart has ramped from $0.32 to well above $0.90 since Thanksgiving? Or that we’re starting to test new highs?
Check it out:
Every headline rolled the ball. First a binary yes/no. Then hard metrics for the wonks. Is that $800,000 a MONTH this acquisition is raking in?
But those numbers themselves are a moving target. CLSH is closing the gap between production and retail — on its way to vertical integration!
What does that mean? More angles and more sweet spots between raw material and the end user. More ways for CLSH to generate CASH for shareholders.
Look at that ticker again. It’s only 1 letter away from CASH as it is. An omen? I’d love to think that.
Meanwhile the NEWS continues. New executive hires. Great! Critical mass is picking up in what was once barely a $0.45 company!
How high does it ride? Look at those RSI lines, shaping up similar to previous mega-rallies here. Take in the MACD below the action.
Rally like this goes on as long as it HAS to. You better believe we’ll be here as long as it takes. Because CLSH is in the legit Nevada CANNABIS trade!
I know, some of you scoff at that story. But there aren’t a lot of other industries jumping from zero to BILLIONS these days.
CLSH started in Colorado, land of Rocky Mountain High. Here’s the 5,000-foot view from management.
And now they’re in Nevada, land of tourists seeking a legal high. Those tourists spend a LOT. There are a LOT of them.
But CLSH is in where it needs to be. They got that license. It’s a big market, generating big CASH.
Catch just 5% of that wave and CLSH will be cashing its entire current market cap, year to year. They’re already well on their way.
Happy, Happy, Happy Trading!
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