CRON has been the strongest of the big 4 this past week. We said yesterday we needed to break and hold 8.30 and we did. Our next hurdle is a break and hold of 8.50. After that we should really take off. As of right now the SPY futures are down a little but are almost at break even. I will be looking to buy back into CRON again at around 8.30-8.35 where the new support has been set.
I can say about the entire market outside of CRON the channels are extremely tight and if WEED and the others break bullish expect CRON to make a big run again. If you are looking for long term as in days or weeks get into CRON now and look to sell around 9.50 right before that ceiling.
I can say about the entire market outside of CRON the channels are extremely tight and if WEED and the others break bullish expect CRON to make a big run again. If you are looking for long term as in days or weeks get into CRON now and look to sell around 9.50 right before that ceiling.