In just the last few days, CSE:NVG was able to hit a new 52-week high of $.29 and was trading Tuesday as high as $.28 at the time of writing.
With this recent move, CSE:NVG has possibly developed strong potential support as it now trades above 3 key lines in its:
- 50-Day Simple Moving Average (SMA),
- 200-Day Simple Moving Average, and its
- 13-Day Exponential Moving Average (EMA).
When a valuation falls towards these lines after trading above them, it may bounce back towards previous highs as people can view them as lines of strong potential support.
The more potential support builds up, the more possibility for a continued vertical move up the charts.
Additionally, as of 11:00AM EST Tuesday, CSE:NVG was trading above its 5-Day EMA and its 13-Day EMA.
On top of that, its 5-Day EMA is trading above its 13-Day EMA which signals a profile that has been trending in the right direction in the short term and could be gaining momentum.
No. 3 Potential CSE:NVG Catalyst - Last Week's New Product News
Nass Valley Gateway Announces It Will Offer 30 New Products Including Flavored Hemp Smokables, CB* Beauty Line, and an Expanded Pet Menu
January 2021 Analytics Show Nass Valley's CB* Product Lines are Converting at a 326% Increase on Their E-Commerce Sites Over Q4 2020
Vancouver, British Columbia--(Newsfile Corp. - January 25, 2021) - Nass Valley Gateway LTD. (CSE: NVG) (OTC Pink: NSVGF) (FSE: 3NVN) distributor of top quality THC-free, broad and full spectrum CB* consumables, is pleased to announce it will be increasing its CB* and hemp products offering from 8 SKUs to 30 SKUs during Q1 2021. Nass Valley Gardens products will now include flavored hemp smokables, bath, beauty, skin products, and additional pet products. In response to their customers and to their largest sales channel partners, Nass Valley Gateway has inv-ested in a broader choice of products to increase their ability to reach new consumer audiences.
Nass Valley's new hemp smokables will be offered in three flavors: Regular, Menthol, and Cherry. The Menthol and Cherry flavors will employ a "click" technology in the filter that the user pinches to release the desired flavor.
The new bath, beauty and skin products include CB*-infused Face Moisturizer, Masques, Body Butter, Face Toner, and a Brown Sugar Scrub for exfoliation.
The pet lineup now includes CB* Pet Shampoo, and Paw Salve, as well as isolate and broad spectrum oil and treats, for both dogs and cats.
CFO Michael Semler says, "Nass Valley Gardens' larger product offering will, in turn, drive topline revenue by delivering a significantly wider variety of products for our evolving CB* consumers."
Read the full article here.
No. 4 Potential CSE:NVG Catalyst - Products Available On Alibaba
Nass Valley Gateway LTD Announces Its Full Line of Products are Now Available on Alibaba(dot)com, the Global B2B E-Commerce Leader
Vancouver, British Columbia--(Newsfile Corp. - November 16, 2020) - Nass Valley Gateway LTD., (CSE: NVG); (OTC Pink: NSVGF) (FSE: 3NVN) a distributor of top quality non-GMO health and wellness CB* consumables, is pleased to announce that the Company has been accepted as an approved seller by Alibaba(dot)com and its full line of Nass Valley Gardens CB* human and pet products are now available on Alibaba(dot)com.
Alibaba hosts the leading global B2B e-commerce platform in the world and as Nass Valley's Director of E-Commerce, Brandon Gil, stated, "Alibaba(dot)com's B2B platform is clearly where Nass Valley needs to have a presence considering the design and flexibility of our supply chain for both large and small B2B customers. We too recognize Alibaba's e-commerce leadership and look forward to working with them to grow our brand not only in North America, but globally. We will utilize the strength and reach of Alibaba to help customers access Nass Valley Gardens' health and wellness products."
Read the full article here.
No. 5 Potential CSE:NVG Catalyst - Pet CB* Product News
Nass Valley Gateway Steps Into the Pet CB* Market, an Evolving Industry Sector With Rising Demand
Company Unveils Premium Pet CB* Product Line, Signs Media Partnership With Tiburon Media Group.
Vancouver, BC, Oct. 14, 2020 (GLOBE NEWSWIRE) -- via NewMediaWire -- Nass Valley Gateway LTD. (NVG), (CSE: “NVG.CN”); (OTC Pink: NSVGF) (Frankfurt: “3NVN”) distributor of top quality THC-free, broad and full spectrum CB* consumables, is pleased to announce that the Company has launched a [...] new product line consisting of top quality full spectrum pet products; Nass Valley Gardens 300 mg full spectrum oils, 300 mg full spectrum pet treats, and 500 mg full spectrum paw creams.
With pet CB*-based product efficacy reportedly driving the market, statistics show that the benefits of hemp-based cann-ab-inoids, high awareness among pet owners, and preference for natural pet supplements also have led to an upsurge in the pet market’s growth. Valued at USD 27.7Mn in 2019, with expected growth at a compound annual growth rate (CAGR) of 40.3%, this segment of the marketplace alone is projected to reach almost $400Mn from 2020 to 2027, according to Grandview Research.
The Grandview Research report also stated that, “According to the Can-na-bis product news report, around 24.0% of the U.S. pet owners consume CB* based products either for themselves or for their pets. Pet CB* treatment has been found useful in treating diseases like cancer, anxiety, sleep disorders, and epilepsy. Rising incidences of anxiety disorders in pets, especially dogs, is another growth-propelling factor for the market. According to the Clinical Ethology of the Veterinary Faculty report, around 88.0% of the treated patients showed anxiety-related disorders as of 2018.”
According to the 2019-2020 APPA National Pet Owners Survey, 67% of U.S. households own a pet, which equates to 84.9Mn homes. The APPA also reported, “34% of the feline owners and 39% of the canine owners prefer CB* infused pet products."
As part of adding the pet products to Nass Valley’s product roster, the company has commenced marketing campaigns for both the pet and human products, which includes signing an agency agreement with Tiburon Media Group. Tiburon Media Group “partners with some of the largest web publishers in the US”, creating marketing campaigns and opt-in offers to monetize registration and eCommerce based sites.
Nass Valley Gateway CFO and Director Michael Semler stated, “We are excited about the Nass Valley Gardens branded pet product line as a revenue driver for 2021 being that the majority of households we sell into are already pet-owners. The pet line clearly complements our existing human CB* product portfolio and we are confident that working with Tiburon will expand our brand awareness while increasing traffic to our product website, two KPIs that matter to us.”
Read the full article here.
Recap: Top 5 Potential Catalysts For CSE:NVG
#1. Bullish Technical Indicators
#2. Red Hot Chart/Trading Over 3 Key Lines
#3. Last Week's New Product News
#4. Products Available On Alibaba
#5. Pet CB* Product News
Coverage is officially initiated on CSE:NVG.
Also, when you have a minute, do this: