Green Thumb: Over the hurdle 🚧

The price of Green Thumb continued to work on establishing itself above the resistance at C$16.15 last week. Although it briefly fell back to the mark, it quickly reacted and turned upwards again. We expect the magenta-colored wave (iii), which the share is currently working on, to extend a good deal further upwards. This should be followed by a countermovement, which, however, is likely to be replaced by renewed gains at a considerable distance from the mark, which should lead to the high of turquoise wave 1.