Gapped up on earnings but rejected the 26.00 resistance level today with a shooting star candle. Looking for a short under 24.70 (todays low) and if we see under 23.00 level then I predict a gap fill to 20.00ish area
We could see huge upwards momentum in the following days with a large reversal and spike in volume. Looking for exits for day trades around a few resistance levels that I assume could be practical in the coming days/week.
Marijuana industry is bomb. High volume at a technical level. Level was breaches just before close on 10/24. Going to go wild in the next month up to Nov 8 voting for marijuana legalization in a handful of states.