Perhaps the most dangerous market other than crypto has seen some roaring moves with the leader CGC up an enormous 82% today.
The herd will be FOMOing and will likely get trapped but we're going to wait and see if a tidy pull back at a significant liquidity landmark will come to us.
RSI up to 90 and hitting the 200 day MA it is unlikely this trend will have much left from here before a pull back.
We're already long TLRY but suddenly it would appear that CGC could be No.1.
There could be enormous moves in the pipeline...
Not advice.
The herd will be FOMOing and will likely get trapped but we're going to wait and see if a tidy pull back at a significant liquidity landmark will come to us.
RSI up to 90 and hitting the 200 day MA it is unlikely this trend will have much left from here before a pull back.
We're already long TLRY but suddenly it would appear that CGC could be No.1.
There could be enormous moves in the pipeline...
Not advice.
I'm taking a break from TradingView but you can find me every day in my Telegram Trading Group 🧐
Priority trades, round the clock updates and a 1 hour technical video per week 😼.
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Priority trades, round the clock updates and a 1 hour technical video per week 😼.
$50 per month 👍🏻.
Contact: t.me/dRends35
This could probe higher yet of course and we really dont care where it tops, only have interest to find a technical pivot low.