Is Namaste trading in a bull flag?Or possibly a descending triangle, only time will tell.
This recent move was likely an insider privy to information about a company N is invested in, "Choklat" receiving a processing licence. BUY the rumor & SELL the news, next week is the best time to exit this trade before there's even further capitulation to the 18c & 13.5c range.
In the grand scheme of things, this little rally is probably going to be another lower high, N is still down -87% since September where Andrew Left exposed this company for what it was, and still is, IMO, trash..
Shortparty
Is TRUL trading in a Head & Shoulders pattern?After the recent short report we've seen some very serious downward pressure, and rightfully so, IMO...
Any cannabis company related to fraud & corruption in this CantTrust environment is a Huge Red Flag..
There's nothing propitiatory about opening a bunch of dispensaries & growing grass, so the market cap here is out of touch with reality by a factor of roughly 10...
Descending Triangle breakdown!Price target of 50c. Gold is in a descending triangle as well, so when that dumps don't look down!
EOM!
H&S. Short Short Short!!!!Linked to this post is a 5 day time frame which indicates a top is near with this H&S pattern.
Maybe one or two pumps left & then a deep dive down into the bre-x abyss!