LONG MSOS, pullback for entry
Interested in MSOS as a cannabis fund that is entirely focused on the US domestic market. With the new administration and possibility of federal legalization this is a long-term growth opportunity.
We're looking for a solid entry point and can see that the MACD is signaling a reversal from the recent fervor. Potential entry levels are indicated. The $46 range is looking ripe as we've seen recent consolidation there and coincides perfectly with the uptrend that started in October.
We're looking for a solid entry point and can see that the MACD is signaling a reversal from the recent fervor. Potential entry levels are indicated. The $46 range is looking ripe as we've seen recent consolidation there and coincides perfectly with the uptrend that started in October.
Trade active:
Buy Zone hit
If you missed the buy zone you are getting a second chance at a discount now. It looks to me like a bull flag is forming LONG on breakout.