set up this beautiful move higher in January which historically has given some
nice short term returns. Will this time be different? it has the potential to
eclipse any other sector moves in 2021, depending on legislation, continued consolidating (tlry)
and increased intuitional investors.
Short term the $11.00 level is key to a sustained move higher, at which we have several
resistances to break=
- major pivot point
- 0.5 Fibonacci retracement level
- major reduction in volume resistance.
If the response to earnings is negative downside support is well below current levels @ $8.88