Waves might not be perfect but HEXO ( HYYDF ) is due for a pullback. Watch price go up on Wednesday and it will do so in 5 wave pattern. Looking hit $5.00. VERY RISKY trade but could pay off. Not looking to see a major upswing so be cautious. Not a trading advice, only analysis. RSI is oversold on Daily and Hourly charts so time for it to go up. Happy Trading!...
HEXO is forming a daily equilibrium with a tightening range just under its all time high. Our current lower high appears to be set at 8.80 and the bulls are now looking to set a higher low above 7.71, currently a double bottom. I'm a big fan of this setup so close to our all time high because of the lack of overhead resistance at this level. We've now spent 15...
HEXO had a huge breakout on big bull volume late Friday, and only has three resistances from here - High of Friday 8.85, 8.95, and all time high 9.09. The day ended with the bulls trying to form an hourly bull flag. I'm personally looking for a backtest of either the daily breakout level 8.64, or the hourly level 8.55, which will be must hold levels if the...