Since September, MSOS has been consolidating off the pop from news of possible rescheduling of marijuana.
With a triple bottom bounce of $6.90, it seems that this breakout is going to be likely soon.
If it does breakout successfully, we could see a movement of ~100% to about $14 levels assuming the move is the same as the length of the flag pole (bull flag). Which happens to be near Aug 2022 highs as well.
From a trading perspective, I would enter on a breakout with a SL below $6.70.
With a triple bottom bounce of $6.90, it seems that this breakout is going to be likely soon.
If it does breakout successfully, we could see a movement of ~100% to about $14 levels assuming the move is the same as the length of the flag pole (bull flag). Which happens to be near Aug 2022 highs as well.
From a trading perspective, I would enter on a breakout with a SL below $6.70.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.