There's a big weekly down trend that had ran its course in pot stocks, and the daily chart is reversing here, odds are we can squeeze 10-11 times the risk if we go long here with a stop around 16.18, it is worth a shot with something between 0.25% and 2% risk in the trade. Up to you, how much you risk on it. I'm being conservative and sticking to a 0.25% max risk if the trade fails.
Cheers,
Ivan Labrie.
Cheers,
Ivan Labrie.
Trade closed: stop reached:
This signal failed on Sep 8th