JWCA:TSXV - James E Wagner Cultivation: trying to curl while general sector is weak, aside from the brief pop two Fridays ago this has built a decent base in the last three weeks in the high 70c to low 80c range. 81c is currently the biggest psychological resistance as we haven't had any ability to hold gains above it, 81c will also represent the middle BB line. Also remains stuck under the 50dma & 200dma. While these indicators are not in a bullish setup, I remain long term bullish on the stock as near term catalysts such as oil sales license is expected soon as is the first harvest from phase 1 JWC2 facility which will represent their first harvest for recreational use greatly expanding revenue. This little LP has great IP in their growth storm technology as well as great quality cannabis and is significantly under valued.
TSXV:JWCA
TSXV:JWCA