Reentry price levels to watch:
Emblem Corp. produces, distributes, and sells medical cannabis and cannabis derivatives in Canada. The company also operates medical cannabis education centers to provide education services for making informed decisions about medical cannabis treatment options to physicians and patients. In addition, it provides various accessories....
Keep it simple.
Let me start out by saying I do not like this chart, or the data provided with it for the past 2 years. The bottom is not exactly seen yet confirmed.
Assuming we found the bottom, we could have a short bounce play here. Ive labled the sell zone accordingly.
I see buy signals, momentum swing bullish, and a end of wedge pattern forming.
Theres...
On the daily time frame we can see 2 bounces that currently hold as support.
The ATR indicator hit a recent low since months in volatility. Which gives room for possible new upwards volatility to enter because of the double support bounce that is holding COVAL currently.
(This is not financial advice, this is a volatile market where anything can happen).
