Trading above 99$ should initiate up-momentum and cause a dynamic Breakout. Imo we don`t will cross this resistance with the first attempt, because the RSI is already hot. TP could be 116
I've been long a few weeks already but looking to add on more if it can hold above $100. Like this as a (tangential) pot legalization play as well.
Playing this as a breakout, but if you squint your eyes, kind of looks like an inverted head & shoulders pattern.
2% dividend / 25x earnings. Not super cheap, but nice growth, margins, ROE, etc. As I said, I'm long...
Scotts Miracle Gro had a very strong upmomentum for many years. Two weeks ago Scotts was not able to overcometh the last High - the result is a Double Top
. After testing the last High, Scotts made an ugly downgap, broke through it`s uptrend and kissed the EMA 200. Trading below that EMA is a very weak Signal. At the actual Level also is based the min....
