Looking for support around $1.60, and if it falls through then I'll be looking for support at $1.30, and $0.94.
I'm not incredibly worried about short term price action. It's true this outlook is optimistic and it may correct harder and faster than my drawings but I still expect a similar pattern in the long run.
ATH for this stock is above $13. With legalization on the table, and potential unlimited QE & stimulus, I don't see any reason why this stock won't rebound to at least $7 this year.
If you aren't investing in equities/securities/commodities in 2021 you're losing money. I think almost everybody is realizing that now. The biggest threat to this stock this year is a total market collapse.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
I'm not incredibly worried about short term price action. It's true this outlook is optimistic and it may correct harder and faster than my drawings but I still expect a similar pattern in the long run.
ATH for this stock is above $13. With legalization on the table, and potential unlimited QE & stimulus, I don't see any reason why this stock won't rebound to at least $7 this year.
If you aren't investing in equities/securities/commodities in 2021 you're losing money. I think almost everybody is realizing that now. The biggest threat to this stock this year is a total market collapse.