emotionallydetached

FSD Pharma (HUGE) - accumulation before next move up

Long
CSE:HUGE   FSD PHARMA INC. SUBORDINATE VOTING SHARES
FSD Pharma looks like it is in accumulation, before a move upwards that could reach as far as the local resistance 'first trouble area' before retracing back down - there would need to be significant upswing in buying volume to go further than that.

Indicators -

Bollinger Bands looks awfully similar to how they did in July 2018 shortly before accumulation and bull run.

RSI shows price currently sitting at support level .

10 Day MA is pretty neutral, no major bullish momentum but not falling under either.

This would be a good play if buying in the green box and selling somewhere in the region of the first trouble area.