TLRY and CGC seem to be retail's top picks for the MJ industry, but I really dislike both companies. Therefore, I'm going to stick with the ETF instead. Surely, fund managers know what they are doing :D.
Monthly RSI is oversold + Monthly Bullish Divergence on MACD. MJ falling below VAL and the 1 fib at $6.7 with below average volume indicates recent price action could potentially be a fake out. Bearish momentum is also decreasing on the MACD histogram. With the monthly close days away, MJ is forming the beginning of a potential morning star pattern. As long as MJ is below VAL at $7.2, I'm ok with building a position.
Monthly RSI is oversold + Monthly Bullish Divergence on MACD. MJ falling below VAL and the 1 fib at $6.7 with below average volume indicates recent price action could potentially be a fake out. Bearish momentum is also decreasing on the MACD histogram. With the monthly close days away, MJ is forming the beginning of a potential morning star pattern. As long as MJ is below VAL at $7.2, I'm ok with building a position.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.