TCNNF is trying to move. Large volume Bar with a pocket pivot noted a week or so ago.
Price is below the bands. Many consider this bearish but price is usually drawn to back the inside of the bands at some point.
Possible stop under 28.
Maybe the pot sector is ready to move.
RSI divergence at top but has been a while ago and would imagine it has corrected enough by now to have overcome that.
I have looked a few cannibis charts and this one is the one I see high negative volume on which can indicate big money interest.
Oversold on RSI .
The moving averages look awful and are not in order. Price is under the 50 DMA which is considered bearish to some. The 50 DMA is the orange line. The 200 is gently sloping up.
No recommendation.
Price is below the bands. Many consider this bearish but price is usually drawn to back the inside of the bands at some point.
Possible stop under 28.
Maybe the pot sector is ready to move.
RSI divergence at top but has been a while ago and would imagine it has corrected enough by now to have overcome that.
I have looked a few cannibis charts and this one is the one I see high negative volume on which can indicate big money interest.
Oversold on RSI .
The moving averages look awful and are not in order. Price is under the 50 DMA which is considered bearish to some. The 50 DMA is the orange line. The 200 is gently sloping up.
No recommendation.
Comment:
Price is under the 50 DMA but we all gotta start somewhere (o: