Splif is still eyeing my target, taking its time but holding support and seems semi-positive for now. I'm neutral but leaning towards bullish the longer we hold up.
Weed stock operating in the United States. Listed on the CSE, which is where it gets most of it trading volume. Reason I'm not entering now is because there were some heavy sell offs recently, and also because of the state of marijuana stocks in the United States. Most of the funding comes from Canadian investors though. It should get some laggard carryover...
Observations
After a super extended wave 5 move at an alarming pace, we have been going through a fairly long correction phase.
We may have entered into what is commonly known as the "hurry up and wait" syndrome, where we rushed through the impulse wave and then carry out long correction from the previous high.
Charts still bearish as 55 EMA is above the...
