RMRK

From the fundamental point of view, the development of RMRK from having incorporated Acqua Cannabis and appointing the prestigious Hugo Romeu MD as COO is evident. The development plans they announce are not a chimera, they are facts that will soon see the results as they show their movements. Looking at the technical analysis, it is interesting, despite the low volume, is moving uptrent in a sustained manner.
      If we observe the trendline that makes a horizontal triangular pattern, it is possible to predict a bull breakout, the doji that do not allow sudden drops, even if there are gravestones there has not been a considerable drop, rather a discrete support area has been created, and analyzing the signals that the other candles offer us, at least for me the possibility of a bullist movement is a tangible possibility, taking into account the behavior and development plans announced by this company, it is inevitable a rise, but abrupt at least sustained. And the future prepares us many surprises, since parallel to RMRK, the approval of laws and the proposals about the medicinal Canabis in many countries even in many states of the United States, is notorious, and we can not forget the news that Acqua Cannabis is working with hospitals in New Mexico to direct Phase 1 of certain medicines derived from Cannabis, with a view to being approved by the FDA. RMRK is still my favorite Penny Stock.

Eng. Carlos Berenguer
Chart PatternsTrend Analysis

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