GCGX shares are basing in a productive range that has broken the prior downtrend line in a series of bullish RSI oscillator divergences.
At the same time, the Keltner Channel reading has narrowed to a very improbable width, suggesting some form of range expansion is on the way.
With cannabis and CBD stocks starting to take flight, this may be an important...
GCGX shows the hallmarks of a productive accumulation base over recent months, with a multi-stage RSI Bull Divergence: diminishing selling intensity as support holds in place.
In many cases, this type of pattern is the footprint of smart money being put to work by strong hands with a deep understanding of the business context.
That wouldn’t be a surprising...