cannukville

MJN Analysis as requested

TSXV:MJN   None
3 day drop already so there is a high probability for a brief bounce back, unless there is some news. It could consolidate between 9-11 for awhile and then try for 13-14 again. This is hard to guess and one has to see what the industry is doing and what related stocks are doing as well. There is some congestion around 9-11 so it may hang around there if there is no news for the company and/or the stock. The next test for support is down to 4.6 whether it will drop down there remains to be seen. Disclosure: I do not own this stock.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.