Looking for support around $1.60, and if it falls through then I'll be looking for support at $1.30, and $0.94.
I'm not incredibly worried about short term price action. It's true this outlook is optimistic and it may correct harder and faster than my drawings but I still expect a similar pattern in the long run.
ATH for this stock is above $13. With legalization on the table, and potential unlimited QE & stimulus, I don't see any reason why this stock won't rebound to at least $7 this year.
If you aren't investing in equities/securities/commodities in 2021 you're losing money. I think almost everybody is realizing that now. The biggest threat to this stock this year is a total market collapse.
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I'm not incredibly worried about short term price action. It's true this outlook is optimistic and it may correct harder and faster than my drawings but I still expect a similar pattern in the long run.
ATH for this stock is above $13. With legalization on the table, and potential unlimited QE & stimulus, I don't see any reason why this stock won't rebound to at least $7 this year.
If you aren't investing in equities/securities/commodities in 2021 you're losing money. I think almost everybody is realizing that now. The biggest threat to this stock this year is a total market collapse.