CBD of Denver CBDD stock price is finally showing some life as it reverses trend. CBDD is up 26% in the last 5 days and I will be evaluating many factors to determine just how hot the stock is.
The official heat level for CBDD is, a 🔥🔥 2 out of 5.
Continue reading to see why I think it is just a 2 out of 5. There is some shocking takeaways from this article that you must read if you are interested in CBDD.
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Before I go over this exciting trending stock, I wanted to introduce myself. Hello 🙋♂️ My name is Alexander Goldman. I have been trading, at a very high level, breakout stocks and trending stocks for 20 years now. I’m accredited for establishing the coveted HOT grading system for trending stocks.
I found my home at Small Cap exclusive 4 years ago. Now, I’m helping traders find breakout stocks. Not to sound egotistical but I’m very good at finding small cap stocks that are winners.
What do I mean by big winners?
Stocks that move more than 100% in a month! CBDD Stock Price could?
Does that always happen, NO! But, I’m very consistent! Take a look at this article I wrote below, where I called 5 stocks, 3 losers and 2 winners and they all did what I thought!
The article is HERE and I shine a spotlight on these breakout stocks and also those losers!
Now, let’s go over some of the basic information on this stock before we get in the technical analysis and how I came up with HOT grade.
CBD of Denver Company Information
Company Name: CBD of Denver Inc.
Ticker: CBDD
Exchange: OTC
Website: https://www.cbdofdenver.com/
Breakout Stock CBD of Denver Company Summary:
CBD of Denver, Inc. engages in the production and distribution of cannabis and CBD products in Switzerland, Europe, and the US. Its brands include CBD Social Network, Black Peal CBD, and Rockflowr. The company was founded in 1993 and is headquartered in Centennial, CO.
CBDD stock price is due to News?
May 26, 2022
Announced that mellow has signed an agreement with UK luxury CBD consumer brand OTO to act as their distribution partner in Asia.
Trending Stock CBDD 5 Day Chart
CBDD Stock Price HOT Stock Grade:
The official heat level for CBDD is, a 🔥🔥 2 out of 5 . Continue reading to see why I think it is just a 2 out of 5. Here are my takeaways on CBDD and why it is just a 2 out of 5.
The volume, which is basically demand of a stock is sporadic and has a downward pressure on it.
The news, there is significant news cycle circulating around CBDD stock price HERE> “Announced that mellow has signed an agreement with UK luxury CBD consumer brand OTO to act as their distribution partner in Asia.”
The chart, it is bearish and has been that way for a while.
The fundamentals, there is no exciting financial filings associated with this stock.
Marketing efforts, I have found marketing efforts around the investor awareness of this company which saved it from a 1 out of 5 rating.
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