CV Sciences Inc (OTCMKTS:CVSI) is a penny stock player in the rapidly growing space of synthetic cannabidiol. CVSI stock blasted higher into the November 8 election, but then “Christmas Tree’d” down the chart and settled back where it had started. However, the stock has gotten back into gear of late, and we thought it was time for another look.
The chart shows 80% added to share values of the stock over the past month of action. This is emblematic of the stock. CVSI stock has a history of dramatic rallies. Moreover, the name has witnessed a pop in interest, as transaction volume levels have recently pushed just shy of 110% beyond what we have been seeing over the larger time frame. This should not be overlooked with the stock trading on a float that is tiny at just 9.1M shares. Traders should not overlook this combination, as a mechanically driven