@Barkworth, ciao. Pensi che scende ancora molto visto che sono molto esposta. Grazie per una tua risposta
Barkworth
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@MCV75, ciao, fratello. My plan is to wait to see where it goes. If fundamentals improve, it will move very slowly up and there will be lots of opportunity to get in at good prices. At this time, it looks like this company is going to see more downside, at least for another 3 to 6 months.
We have to be careful. There was the inverted head and shoulders pattern. There was the bullish divergence, and there was the bottoming action. All these patterns failed or resulted in dead cat rallies. There is no indication that we will see upside at this time.
MCV75
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@Barkworth, spero tanto almeno 1.42 per chiudere alcune posizioni.
Grazie mille per la tua risposta
Barkworth
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@MCV75, the good thing right now, is that other assets with better fundamentals, are also cheap as chips. The way I see it, we have 3 to 6 months to figure out who is going to fail and who is going to succeed, before the winners will be double the current value. In short, I think the entire cannabis industry will see a range bound, sideways trade for some months to come. During this period, we will see several assets perrish. Green Growth was the first to announce quitting parts of its operation. We need at least half the pennystocks to disappear, so that more market becomes available for sustainable assets.
Be careful what you buy. I think this year will see a lot of assets simply disappear with your money. Ciao.