Some of us hoped for a re-bouncing, I, unfortunately, am a loser on this one apparently, anyhow I hope that is forming a head and shoulder and not going down like a stone. Based on TDSD the next support is in the range of 3.75, which is steep but can happen in the next 2 or 3 months. It also believed in certain circles that the Canadian Feds will miss the approval of edible that will be simply catastrophic for the sector in the short run.
What i am saying here is the following, if it is confirmed bearish then short sales are most sure on this one.
What i am saying here is the following, if it is confirmed bearish then short sales are most sure on this one.
Comment:
Bearish will go down to $3.71 or lower. TDSD was broken and more than 3 lows under supper afterwards will go down 13 candles most probably by the time marker may be in the mood to reverse the trend