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leamese
15 sep 2021 08:30

HMMJ Oversold - Time to Accumulate Lång

GLOBAL X MARIJUANA LIFE SCIENCES IN UNIT CL A CADTSX

Beskrivning

Cannabis is still in the early fases off acceptance and adoption. Wild swings are expected.
I expected this drop, looking at my previous anlyses. For long term holders this is no big deal.

Looking at the RSI on the daily level, it is oversold, also touching the 0.236 FIB level. This is a perfect buying opportunity.

I do see the risk it to go in "extreme oversold" territory. potentially going towards 6.60 for a brief moment.

All in all, for a longer term investement this is a perfect entree.

Big targets, Big Money!
T1: 20
T2: 25
T3: 40

Kommentera

Extremely oversold.. bottom could be here somewhere.

T1: 9 (retest resitence)

Kommentera

Nice entry now, 5.55

Kommentera

seems about right so far!

Handel aktiv

There is no stopping this stock.
Do you have nerves off steel? You need it!
Kommentarer
leamese
Extremely oversold.. bottom could be somewhere here
Mer