Daily consolidation on MMEN is not healthy at this point, bulls are trying to find a weekly higher low above 2.51 all time low. Watching the 1hr RSI equilibrium to see if it gives any early signals for a potential intraday scalp trade.
MMEN broke it's multiple week tightening equilibrium and the volume is backing up this move. Check out the bull vs bear volume on the hourly chart. This is a trade I plan to be in for a couple weeks in search of a weekly lower high below $8.20s