Watching HEXO shorter term timeframes for clues that our daily higher low is set. ACB had similar dilution news and is a few days further ahead in the playout of that news, so HEXO traders want to watch ACB Monday for clues on what to anticipate HEXO may do
For those who want to make a nice gain with a short position, you found your target!
Hexo announced in the papers that there will be delays due to a lack of inventory.
In other words = they have a shortage of product = Bearish News!
Friday shows a red candle going through the 100 Moving Average (6.24C$) meaning support didn't hold, and the next...