The more I study charts, the more I am of the belief that we are going to get a parabolic move up in the indices into the 3200 region by June.
IF this comes to fruition, we are likely to see major acceleration in CRON, into the 30 region
I think we grind in this region for a while more, and then finally rocket to atleast 1.37, potentially as far as 1.42. For now, I don't see a visit of the 1.5s on the cards. But time will tell if this evolves more bullishly than I expect
To be honest, head and shoulder patterns rarely trigger - and when they don't, well it's a setup for a squeeze in the opposite direction.
Expecting a 100% outperformance of TSLA over SPX over the next 6 months