SGBY- A New Look Forward for Signal Bay Inc

This is a discussion on SGBY- A New Look Forward for Signal Bay Inc within the Stocks forums, part of the Markets category; Signal Bay Research provides advisory and consulting services to the Cannabis industry. After four states legalized recreational marijuana last year ...

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Old Jan 24, 2017, 3:55am   #1
 
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SGBY- A New Look Forward for Signal Bay Inc

Signal Bay Research provides advisory and consulting services to the Cannabis industry. After four states legalized recreational marijuana last year and twice that many approved new medical marijuana laws, at least eleven more are considering changing their laws in 2017.

While the need for testing is just emerging, Signal Bay Research has already brought together three labs across Oregon, and are planning for continued expansion in strategic locations in the Northwest and beyond.

Currently the stock has a 14-day Commodity Channel Index (CCI) of -98.23. Signal Bay Inc. (SGBY)’s Williams %R presently stands at -90. Both indicators are showing signs of the sock being oversold. The symmetrical triangle shows a bullish breakout likely to occur soon.
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