When NIA first suggested Alternate Health (CSE: AHG) on Thursday, May 9th at 2:15PMEDT as its new #1 California CBD stock suggestion at a price of $0.37 per share, NIA had impeccable timing by profiling AHG at the absolute most perfect ground-floor entry point. Over the following week, AHG exploded by $0.47 or 127% to a new eleven-month high of $0.84 per share on average daily volume of 459,099 shares - an increase of 792% from its average daily volume of 51,468 shares during the prior month! AHG was the #1 best performing cannabis stock during the week of May 9th through May 16th, while simultaneously achieving the industry's #1 largest increase in average daily volume!
Right now, AHG is at a perfect entry point here at $0.62 per share and is likely to breakout past $1 per share and explode in the upcoming weeks, in NIA's opinion! AHG is one of only three U.S. focused publicly traded companies that have begun introducing a line of FDA-registered topical analgesics made with CBD extracted from hemp in full compliance with FDA requirements. NIA is 100% sure that we are currently in the infancy of a U.S. CBD-infused products boom that will absolutely explode in the second half of 2019, as the highest market cap publicly traded Canadian cannabis companies begin to invest billions into the U.S. CBD-infused products space!
If you missed out on entering AHG at $0.37 per share, you are not alone so don't be stubborn and end up missing out completely, because NIA strongly believes that AHG's biggest run in history is still to come - and will most likely occur during the month of June! It is important to be realistic and admit to yourself that the chances of being able to enter AHG below $0.40 per share again in 2019 - are practically zero. In fact, NIA now believes that the chances of being able to enter AHG below $0.50 per share again in 2019 - are less than 2%!
We're not saying this to encourage any NIA members to rush into the open market today and accumulate a massive AHG position all at once. Even though AHG's biggest developments in history appear to be imminent and could literally occur any day now - generally speaking - NIA's most successful members over the past decade that have become self-made millionaires MANY times over, have many things in common with each other including the fact that they never chase stocks unless they haven't yet established any position! NIA's most successful members tend to be very patient and accumulate large positions slowly, preferring to take full advantage of any healthy short-term low volume dips.
For years, AHG struggled to surpass its 200-day moving average, always experiencing major resistance as it got close. On May 9th, AHG finally broke through its 200-day moving average on very strong volume. Take a look at AHG's long-term chart by clicking here! Most investors who own the stock, entered at prices of above $2 per share - so NIA doesn't expect there to be any major resistance at $1!