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LEVERXYZ

$MSOS reversal pattern

Long
AdvisorShares Trust AdvisorShares Pure US Cannabis ETF (AMEX:MSOS)  
LEVERXYZ  
AMEX:MSOS   AdvisorShares Trust AdvisorShares Pure US Cannabis ETF
Trend Analysis MSOS cannabis cannabisstocks canna
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trendanalysis msos cannabis cannabisstocks canna
Local bottom for Cannabis Index ($MSOS)
Reasons for longs:
- Head and Shoulders pattern, obvious
- Rejection off of 0.5 Fib Level
- Chuvashov's fork in play
- Volume picking up
- Daily gap closed within a day
- Hedge against possible forming S&P correction

Invalidation: close below Year Open
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