$GRWG - Looking Strong Long

GrowGeneration Corp.NASDAQ

Description

⋅ Feb 6, 2021 3:32 PM

GRWG - Is looking strong but is there more gas in the tank?

Might run into earnings. Pot stocks are hot right now with increased legalization.

Will look at this one in the upcoming week for a good entry.

Trade active

⋅ Feb 7, 2021 4:14 PM

Keep in mind that this past week we broke out on lower than average volume... not a big deal however breakouts with above average volume are best.

I'll be looking for a pull back on this before I enter... I don't chase stocks.

Comments

Barkworth

⋅ Feb 7, 2021 9:20 AM

Looks like bearish divergence though. Looks strong indeed, but might get a pull back like you suggest.

SwingTechTrader

⋅ Feb 7, 2021 4:00 PM

@Barkworth, Yes I agree... I am 100% ready and am expecting the possibility of a market correction this week.... I feel we are really extended.

I posted an idea outlining all possible out comes for this upcoming week... take a look if you like. It's titled "Tread Lightly - Correction this week?"

However, the market has been so strong to I don't want to discount that either and miss a move. Best to be quick and ready for all scenarios.

Thanks for commenting and follow if you want to see what I'm up to. I'll do the same.

Cheers!