Will continue dropping until we create new support in previous demand zone.
Strong support in the demand zone shows likely bullish pressure.
ProNeura Tech! Quick pull back to demand, and then off we go!
Bearish outlook for netflix. Invalid if we break above the support zone.
Using supply and demand its clear that gold is not done falling yet, we would need to see a drop to the $1000 demand zone and then see a strong bullish rally that would push us back to $1800 area.
Real company with real mangement, getting into the cannabis business.
Using supply and demand, we can see the path we need to complete in order to proceed up. Breaking past the median and creating new support would be a great start. This stock is still in its very early days so its hard to technically chart this with extreme accuracy, we will have to see how it plays out. I will continue to cover this stock.
Very interesting opportunity here, less than 8M float, in the marijuana sector.
Extreme risk, only take small positions. If we hold this level, expect a push. If not, expect lower levels.