The stock rallied strongly today after the announcement of a major partnership between TGOD and Shoppers Drug Mart (large Canadian retail pharmacy chain). A shooting star candle appeared later during the day today with high volumes, which indicated a strong bearish signal.
A breakout over $0.64 is not likely in the very short term, unless large volumes pick up in the coming days.
This is a great company with very little long term debt and bank's support (important credit facility announced recently) with a long-term strong ramping-up production forecasts. Company has one large facility in Quebec and another under-construction facility in Ontario.
A breakout over $0.64 is not likely in the very short term, unless large volumes pick up in the coming days.
This is a great company with very little long term debt and bank's support (important credit facility announced recently) with a long-term strong ramping-up production forecasts. Company has one large facility in Quebec and another under-construction facility in Ontario.
