anon541

TGOD - Massive Falling Wedge

Long
TSX:TGOD   THE GREEN ORGANIC DUTCHMAN HOLDINGS LTD
Weed market is consolidating in a similar fashion, across all companies.
Some look stronger than others ,and have held their price quite well such as TCNFF.

Others, like TGOD , could experience a solid reversal.
Price is compressing near the apex. Looking solid for building positions.

Catching up on quarterly reports, and spreading my sensimilla across this market.
Comment: Looking at the log scale, so we can better understand price structure.
Comment:
Comment: I think we might have reached the bottom.
Comment:
Comment: I averaged in today.

The rest of the market showed positive numbers today, and TGOD offered an opportunity by going below the trading range.

I really like this RSI setup.

Comment: Reverse candle printed on the daily.
Weekly shaping up like a DOJI.

Comment: Let's see what happens here.

Comments

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