Updated
You win some, you lose some!
MMJ made-60% within 5 weeks. We are trading the second day below the EMA 200 - thats not really good!
At present the RSI could soon generate a buying Signal - he is still oversold.
But don`t Forget: We are in a classical falling-knife situation - there is still no bottom ahead...now it is important to recapture the EMA 200...above that Level we perhaps will see a countermove up to the 38,2 @ 0,49-0,52
At present the RSI could soon generate a buying Signal - he is still oversold.
But don`t Forget: We are in a classical falling-knife situation - there is still no bottom ahead...now it is important to recapture the EMA 200...above that Level we perhaps will see a countermove up to the 38,2 @ 0,49-0,52
Note
again testing the EMA 200 Note
ist getting more and more dangerous, we should not trade below 0,32- here i exspect a tiny selloff Note
still in the abyss 
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Disclaimer
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.