Profit taking at $4.20- puff puff pass bro!
- potential Elliot wave- setting up for impulse wave 3 and price cycle 2 -normally the largest moving section
- 3 touches of $4.20, if doesn't breakout on 3 typically will on 4th touch
- higher highs and high lows-
-daily large volume on one of the tests of all time high without breakout=...
I'm just learning Elliott Wave. This is the weekly chart on BUDZ. Does it look as though the completion of wave 4 of wave 3 is almost complete? I'm thinking wave 5 of wave three should start within two weeks.
Your negative or positive feedback is welcomed.
Medical Marijuana companies are in a hot trend right now and BUDZ is yet to make a big run. Volume is low but picking up and the chart is beginning to form a strong bull trend. Get in on this one early!