$OGI Looking Like a Snack Soon

NASDAQ:OGI   Organigram Holdings Inc.
Overall bullish on Organigram, but not at the current price level. We are not quite into oversold territory, and will need strong volume to signal a reversal.

1st Buy Target: $2.25 coincides with a minor support level and the 200WMA. This level may also provide a nice bullish swing failure of the previous low of $2.38 on the weekly time frame.

2nd Buy Target: $1.96-$2.00. This area was major resistance at one time. A retest of this zone, followed by a bounce, would provide a strong reversal point. A gap fill would also be a nice touch.


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