INITIAL THOUGHTS: The outlined potential H&S is JUST a potential, still needs a lot more confirmation to suggest this entire pattern playing out. However, due to its meteoric rise, and extended 5th wave nature - this correction will likely be much longer and drawn out then ending now. WE need more action in price in order to confirm or eliminate this potential...
12-13-18 and 12-24-18 each formed a low @ 2.35, with increasing RSI on the 24th. Mr. Trump just signed the hemp bill into law. This is a buy!
Dear Traders, This stock got me exciting 2 days ago, and to see it run as it did is just great. I do think its time for a small retracement but overall feeling is bullish.