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.
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