TradingView
ScotianBot
Jun 21, 2021 1:36 AM

GTII is trading in a GIANT Descending Triangle. 

GREEN THUMB INDUSTRIES INC.CSE

Description

It's always possible this pattern plays out bullishly as a bull flag, a directional shift in momentum will likely occur leading up to earnings or a sell-off afterward.

On September 1st GTII will report their next earnings, and the ending of this pattern is September 24th, Descending Triangles and Bullish Flags more often than not make a decisive move in one direction or the other, whether it's a fake-out or not, 50%-75% through the pattern formation.

More