GRWG - will it retrace again?
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GRWG is testing new highs, however it's still within the bounds of its previous retrace action. Watch for a bounce off the $50 high.
Based on previous runs, the consistency of the extensions, rsi divergence signals, and retrace magnitude puts an ideal buy between $21-$26 if holders decide to take some profit on this run.
Based on previous runs, the consistency of the extensions, rsi divergence signals, and retrace magnitude puts an ideal buy between $21-$26 if holders decide to take some profit on this run.
Nota
Bulls are still pushing the market. Overall trend is still accurate, however this could be invalidated if the early holders have long term confidence and do not take profits.
Penafian
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