With long term support broken and weekly gap right below, this name will likely trade down below 41. Strong fundamental suggests a turnaround at a micro level but macro headwinds/ recession fear might hit recreational industry hard, thus creating amazing buying opportunity.
This name deserves a spot on the watchlist!
PS - Not financial advice. Do your own due diligence.
This name deserves a spot on the watchlist!
PS - Not financial advice. Do your own due diligence.
Comment:
Worked out exactly as the chart suggested. Deserves strong look for short on a fake breakout.