Hello Traders,
Weed is forming classic bull-flag setup ready to fill in $25 gap.
Hourly 100MA is around $24.80, which may act as resistance.
Weed is fundamentally very strong company with quick ratio over 5 and this stock will be a good long term hold.
Weed is forming classic bull-flag setup ready to fill in $25 gap.
Hourly 100MA is around $24.80, which may act as resistance.
Weed is fundamentally very strong company with quick ratio over 5 and this stock will be a good long term hold.
Note
Weed is still respecting hourly 100MA. Bull flag play is still possible. Ideally we want to go around $25.5 and find support on MA100.
$23 is still acting as a support for now.
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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.