has been trending upward, but OBV has not, creating a divergence. /
We saw the same three ending on November 21st, 2019, leading to a strong pullback. (Red circle drawn in chart). /
Since May 2019, cannabis stocks have been shorted creating a downturn for the whole sector.
Many of the biggest companies are undervalued. But stocks can stay undervalued longer than we can accept our losses.
Keeping on a close watchlist.