GTII appears to be one of the cannabis companies in America holding their market cap relatively intact.
There is an ascending triangle pattern on the verge of breaking out, and like clockwork cannabis reform in America is a hot topic to capture voters of all ages.
“There’s no excuse for our not being in the forefront for something that is now legal for 97...
The price of Green Thumb continued to work on establishing itself above the resistance at C$16.15 last week. Although it briefly fell back to the mark, it quickly reacted and turned upwards again. We expect the magenta-colored wave (iii), which the share is currently working on, to extend a good deal further upwards. This should be followed by a countermovement,...
Here is a quick review of the $GTII price action.
Keep an eye for the trigger that can be pushed by a daily RSI bullish divergence between wave 4 & 5 and earnings (if they beat the estimate).
If validated the trigger can push the price to previous ATH with significant selling pressure in the "High resistance" zone.
In this scenario, the trigger would be a good...
It's always possible this pattern plays out bullishly as a bull flag, a directional shift in momentum will likely occur leading up to earnings or a sell-off afterward.
On September 1st GTII will report their next earnings, and the ending of this pattern is September 24th, Descending Triangles and Bullish Flags more often than not make a decisive move in one...
Look closely..
What do you see?
I see laughter and curiosity..
An entire ecosystem lies right beneath your ego.
Impossible.. I am probably wrong..
Right?
Not. I. said the Hare..
Thanks for Pondering The Unknown with Me,
Glitch420
