ACB closed right on a very large support. The 100 30 min MA that has been rejecting all WEED stocks is literally right on top of it. The slightest move up and we could run. A break of 8.20 would also send us straight to 8.50. A break of this could see $9.00. I think this is all contingent on WEED breaking that 28.50 barrier. I say this because when WEED broke 27.50 we ran. Everytime WEED broke 28.00 we shot up again. I am going to be watching this first thing and if we do break and hold 8.20 I will be moving my money from CRON here.
If we lose the battle we should bounce around 7.80 or 7.65.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.