A Possible Bullish Scenario for OGI
Updated
If price drops below current support, it's likely to fill the previous gap and head toward lower fib levels, as noted on the chart. If that drop occurs, I'll be looking for buy setups at the lower fib levels.
Note
We're approaching $3.25 now, so I'll be looking for buy setups soon.Note
Now it's buy and hold time, imo.Note
As a side note, OGI just paid off their debt to BMO, so their financials are looking good for the upcoming earnings call. They're severely undervalued at this point.
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