MasonEntrican

GRWG - will it retrace again?

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NASDAQ:GRWG   GrowGeneration Corp.
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.
Komen:
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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