Australian Cannabis Penny Stock:
market looks a little over extended leaning towards overbought. Massive accumulation phase before huge pump cycles. Market is over 200 sma bullish, Retest of 618 fib expected, if successful bounce from 618 support and break threw ichimoku cloud, then enter a long position, marker will be confirmed bullish.
For best entry wait...
If we look at 1d we can see massive triangle, the 7000 is bottom of triangle you can see we bounced there, next stop you can see is 8600 then back to 7300 then back to 8200 then back to 7400 then break out to 12k + upside due to the flag pole we can see.