Raw_Blitz

ORGANIGRAM - Back to the buy zone?

Kort
TSXV:OGI   None
Dear Traders,

As we can see on the chart, Organigram's Bears were in control.
Bulls did form some kind of Buy Area, located around 5.18C$, the 200 moving average indicator.

A comeback into the buy zone wouldn't shock me, just to shake out those last bear hands, and to head up higher? Or will the bulls fail to take control and the price will drop under 5C$?

Looking at the chart right now it looks like the bears are still in control.



Keep your eyes on the charts!

If you have any questions or any thoughts, feel free send me a PM or to comment on this TA!

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Take care!
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