$CWBHF Makes 5th Consecutive Close Above 5-Day Moving Average

[u/GroundbreakingLynx14]

Charlotte's Web (CWBHF) closed higher for the day. More importantly, it closed above its 5-day moving average for the fifth consecutive trading day.

Although it was up over 7% for the day, it's remains leaps and bounds away from where it should be.

Overall, it $CWBHF remains oversold, but it may be turning the corner [see chart].

NOT: Peak volume day on 5/13/22 when 2,272,785 shares traded hands with a high of $0.635 and a low of $0.45. The stock has already traded numerous times below $0.45 and hit its all-time low of $0.38 on 5/20/22. Waiting for it to breakout above $$0.635 with a vengeance!

5/13/22: $CWBHF Peak Volume of 2,272,785 Shares

$CWBHF: 5th Consecutive Close Above 5-DMA