WEED on track long-term

23 Feb 2018

We're currently bouncing consistently off the long-term trendline, and I expect this to continue on our slow and steady consolidation. We're seeing decreasing daily bear volume... so I would expect a bump up come Monday-Tuesday, to continue our slow and steady upward trend. I'd look to see money flowing back into the sector come late-March - April, as smart money wants to get in before the inevitable run-up to legalization. If the trendline breaks significantly, I would expect a further move to the downside.