tangman

Marijuana: Bullish

Pembelian
tangman Diupdate   
OTC:TWMJF   None
Recently, marijuana stocks have been consolidating recent gains. Today, marijuana stocks once again, rallied.

My position in TWMJF (largest by market cap) is doing well. I was waiting/hoping these would retreat back to their 50sma. Then, I bought TWMJF on 10/20 on the small rally. It has bull flagged since then. Today, it burst higher.

I (cautiously) added to it. Because:

- Still room to run on RSI, Stochastic
- MACD just now crossing upward.

A few other companies in this sector: ACBFF, MEDFF, APHQF, THCBF, OGRMF, CMDDF

This could ride the upper trendline, it could put in a mini-parabola. For now, it is strong. I'm hoping for a few more days of upside before I sell partial to allow it to consolidate.
Trading ditutup secara manual:
Took profits. Maybe early.

"Good enough"

Highly volatile sector, will consider re-entry later.

A cup & handle formation that tags the 50ma would be ideal.
Pernyataan Penyangkalan

Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.