$GCGX This stock is particularly interesting right now because it’s at a cusp. We love “cusps”. They often represent the most interesting opportunities because the micro-level context is set to change. In this case, the context is set to change from “potential” to “actual”, which is the most important shift to spot in the evolution of any stock.
The chart supports this idea as well, with a series of improving RSI Bullish Divergence events defining a supportive base that appears to represent some strong-handed accumulation likely ahead of tangible revenue growth from coming operations for the company, which makes sense as it secures needed permits to secure next-phase growth.
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Consider all my posts my opinion and not advice to buy or sell anything. I post on stocks I own or am considering owning. Do your own DD!