Perhaps the most dangerous market other than crypto has seen some roaring moves with the leader CGC up an enormous 82% today.
The herd will be FOMOing and will likely get trapped but we're going to wait and see if a tidy pull back at a significant liquidity landmark will come to us.
RSI up to 90 and hitting the 200 day MA it is unlikely this trend will have much left from here before a pull back.
We're already long TLRY but suddenly it would appear that CGC could be No.1.
There could be enormous moves in the pipeline...
Not advice.
The herd will be FOMOing and will likely get trapped but we're going to wait and see if a tidy pull back at a significant liquidity landmark will come to us.
RSI up to 90 and hitting the 200 day MA it is unlikely this trend will have much left from here before a pull back.
We're already long TLRY but suddenly it would appear that CGC could be No.1.
There could be enormous moves in the pipeline...
Not advice.
Note
This thread should not be labelled LONG really as we are not long here. This could probe higher yet of course and we really dont care where it tops, only have interest to find a technical pivot low.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Your FA guru can't read a chart💭
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
I run a technical group with lots of content every day + regular videos, 1:1, chatroom 🚀.
Better than all the rest? My record speaks for itself 💡.
Telegram Group: $50 per month✨.
Contact: t.me/dRends35
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.