Like ACB , WEED had a great run yesterday and a lot of traders have been able to make good gains!
The question everyone is asking now is, how far will this go ???
Well that's a pretty difficult question o answer because this stock could retrace any time, but it could also pop up another 5% before starting a retracement.
My trading strategy here will be to wait out the sprint , it's too late to enter again in my opinion. I don't want to be left with a huge bag bought way too high.
One the Cannabis stock have retraced i'll load up my bags with a lot of shares.
Any Thoughts ?
A run like this needs to retrace, the question is, to what level.. 55 ema ? 100 ema? or even 200 ema? Let's see.