Should be close to the bottom
I expect all of these stocks to start making their own channels here until news breaks. WEED can find support around 28.00. However since the close was very poor I expect it to lose this support and find ground around 27.50. I will be watching this stock here and if we lose this I will be buying big at 26.75. If I had to guess WEED should trade between 26 and 31 dollars until we can get a big catalyst such as a NASDAQ listing some big US news or the 3rd reading in June.
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.