Share price upwards movement requirements19 May 2021 10:45
Having had a successful 2020, these are areas I'd like to highlight below to watch out for as key indicators ;
1) when SWEL trades on a different stockexchange or apps like trading 212 and webull, it'll allow retailer traders easier access to trade SWEL. Think about AMC, GME, NAKED CHEF, or the share price of other well known cbd wellness brands, you'll find SWEL is a bargain anything under 5p short term and for long term anything under 20p.
2) when this share price shoots up it'll go bonkers, as its really fallen from Grace since its initial share offering. Which means the money is invested in company assets and R&D.
3) private investors have recently jumped on board with conviction, a few of the big shots at SWEL have share incentives with pay package.
Faith in the core values of the company and management feel ready to embrace the new cbd arenas opening internationally.
4) it seems as though SWEL will not be advertising heavily till the consumer and wholesale environment is fully socially accepting of cbd products. However by that time the share price would have 1000% x easily for example NIO, Tesla, BNGO, Amazon and many more pop a year or so before the general public hear of them.
100,000 shares gives you 1k per 1p share price goes up.
My Conservative estimate is 15p per share in 12moths.
If the market conditions are right this can go into 100p per share easily.
Stay blessed