Draw a chart with the 50 & 200 DMAs....
Both the 50 and 200 day moving averages (simple moving averages) are now moving higher and when a 50 dma crosses over the 200 its called a Golden Cross and can be an indication of a "clear sky breakout" to a new and higher trading range.
Red Bull started out in 1987.....I for one wasn't impressed, but I'm old and my "energy drink" is coffee. Within just over 10 years Red Bull was everywhere and is now a company with revenue in the billions of dollars.
That might be a little optimistic, to think that Rocky Mountain could achieve that kind of success....but stranger things have happened. A lot of people didn't see Energy Drinks becoming the market force they became....Hemp infused Energy Drinks might be the next big shift.
Both the 50 and 200 day moving averages (simple moving averages) are now moving higher and when a 50 dma crosses over the 200 its called a Golden Cross and can be an indication of a "clear sky breakout" to a new and higher trading range.
Red Bull started out in 1987.....I for one wasn't impressed, but I'm old and my "energy drink" is coffee. Within just over 10 years Red Bull was everywhere and is now a company with revenue in the billions of dollars.
That might be a little optimistic, to think that Rocky Mountain could achieve that kind of success....but stranger things have happened. A lot of people didn't see Energy Drinks becoming the market force they became....Hemp infused Energy Drinks might be the next big shift.
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Rocky Mountain High Brands, Inc. (RMHB) Stock Research Links
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