Seems NYSE:ACB aiming to break the 50% fib. Signals are overbought and as we know there's a lot of emotion in the cannabis market and everyone's betting on gains. Seeing overbought is a caution sign, but with millennials being a large driving force with little experience (me included, I've been trading crypto for less than 2 years), things look like they're as risky as can be. We did have a small breakout of my previous resistance levels and entering the next set of resistance. It broke and closed at the mark and hoping this week it continues to climb as all the other major hitters have been this last week. Continuing to monitor news as it relates not only ACB but the market in general. Looking at a channel forming but as mentioned, I'm waiting for a correction to buy more.
Any opinions or links to other ideas are always welcomed.
Disclaimer: I'm a millennial lol