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Essendy
Sep 14, 2021 7:20 PM

SMG Long

Scotts Miracle-Gro Company (The)NYSE

Description

Been waiting on low 140s since May. Basically there. Will be looking to load up long over the next few days/weeks if this level holds.
Comments
MaxG2
Why do you like it? so much
Essendy
@MaxG2 I'm purely a technical trader. And for me, when the 3.618 extension fails, a likely spot to hold as support is the 1.618 extension. If this fails I expect to see the 0.618 retracement to be in play. Nothing about this name in particular, just the technical setup is what's appealing to me.
MaxG2
@burtnette, Thank you kindly for your response, I am watching it closely as it is a back door stock for the MJ industry.
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