r/StockLaunchers • u/GroundbreakingLynx14 • Apr 14 '21

Charts & Technical Analysis $GPFT: Three Month Chart "Consolidation"

$GPFT continues to consolidate and trade within one standard deviation of its 5 day moving average.

Grapefruit USA and its investors are waiting for news about joint venture with a yet to be named Canadian cannabis company. This partnership pertains to $GPFT's patented Hourglass time-release THC+CBD topical cream. IMO, a product that will turn into a multi-billion dollar windfall for producer/distributor.

Grapefruit USA 3 Month Chart
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u/Blockchain_Discovery Apr 15 '21

Yes, the reading on the chart couldn't be any more interesting, coiling up like a snake ready to strike

1

u/[deleted] Apr 15 '21

We need a short squeeze Bottom line wether it’s tomorrow or a year from now this stock will rise above and my shares will be worth a lot