akamindweb

Wiggle Room for OrganiGram

Long
akamindweb Updated   
NASDAQ:OGI   Organigram Holdings Inc.
According to my chart, shown here, the OrganiGram stock is holding just between (or round about) the middle of its support and resistance levels, so it's hard to say for sure which way the trend will go in the coming hours. With a RSI in the mid to upper 40s, it doesn't seem as though the stock will be oversold any time soon, making it a sound investment (at least, in the long term).
Comment:
I apologize. I was commenting on the wrong section of the chart when I said "in the middle." Upon further review, I've come to realize that was may see a downtrend coming in the following hours, if going by the support/resistance level alone.
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