Confidence in the long term, Analysis in the short term.
XXII has key patented technology in the field of genetic engineering in nicotine/tobacco plants and cannabis.
This seems like a wavy stock. It has its spiked ups and downs but it is headed for a large general up trend. Here, we are focused on the short term possibilities by labeling key support areas.
Today, April 29th we have seen a large red candle breaking down and confirming a down trend in the short term. Where will it go? Well there's a few possibilities. The most recent local top in February saw XXII hit $4.68 and drop 60% and it held the $2 range.
If we saw XXII drop 60% from our local top of $6.00 that would leave us around $2.40 but its very likely it may not go down that far. Keep a keen eye on this one.
This seems like a wavy stock. It has its spiked ups and downs but it is headed for a large general up trend. Here, we are focused on the short term possibilities by labeling key support areas.
Today, April 29th we have seen a large red candle breaking down and confirming a down trend in the short term. Where will it go? Well there's a few possibilities. The most recent local top in February saw XXII hit $4.68 and drop 60% and it held the $2 range.
If we saw XXII drop 60% from our local top of $6.00 that would leave us around $2.40 but its very likely it may not go down that far. Keep a keen eye on this one.
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