I think this stock could retrace more before looking for a next up side move... However, if price continue to fall I think the stock could find resistance at my 61% fib retracement and will have trouble to fall lower due to the upside momemtum that we see for this stock and for the majority of the weed sector. If we see price moving in the up to my «green zone» i will look to find a entry for a up side move (Retest /breakout) of the zone.
But again, for now, I expected a further down side move.
But again, for now, I expected a further down side move.