CWBHF - Consolidation over?

OTC:CWBHF   Charlotte's Web Holdings Inc
Charlotte's Web is KING in CBD space. Looks like a nice consolidation and now really oversold. Not sure if this is the start of next leg up but MACD and RSI looking favorable. Tried to get into next channel this morning but didn't hold. Pot stocks getting a bid today in general so not sure what to make of this. Feels like it got thrown out with THC producers as a result of the vaping scare. This one could be good long-term play right here.

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.