today's plan
- might need another day or two of consolidation after yesterdays move--- but if market is strong could launch again
- multiple tests of $4.50--- think of it like an attacking army approaching a bunker--- each touch weakness it.....
extra info-- market makers like to mess with retail and MJ stocks are a lot of retail--- fake out plays are common... BUT look at the high and tight bull flag.
-$4.50 had fake out 3 times already but aggressive dip buying keeping the flag high and tight and within 0.382 fib of current move = healthy consolidation
- might need another day or two of consolidation after yesterdays move--- but if market is strong could launch again
- multiple tests of $4.50--- think of it like an attacking army approaching a bunker--- each touch weakness it.....
extra info-- market makers like to mess with retail and MJ stocks are a lot of retail--- fake out plays are common... BUT look at the high and tight bull flag.
-$4.50 had fake out 3 times already but aggressive dip buying keeping the flag high and tight and within 0.382 fib of current move = healthy consolidation
Comment:
boom payday