Short
Cannabis bubble vs Tech bubble
These are virtually identical, barely even had to change the timescale. Impulse patterns followed perfectly. expect an open more slow grind to shake the bagholders with a final target of 6$. Here it will recover and, just like the tech bubble, will take at least 1 year to recover placing the slow return back into an uptrend sometime at the end of 2021 or beginning of 2022.
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Related publications
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.