A Possible Bullish Scenario for OGI
If price drops below current support, it's likely to fill the previous gap and head toward lower fib levels, as noted on the chart. If that drop occurs, I'll be looking for buy setups at the lower fib levels.
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We're approaching $3.25 now, so I'll be looking for buy setups soon.
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Now it's buy and hold time, imo.
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As a side note, OGI just paid off their debt to BMO, so their financials are looking good for the upcoming earnings call. They're severely undervalued at this point.