WNCG
Wrapped NCG - Short Lived Hype?WNCG saw a rise of almost 500% in 2 weeks recently, but it appears just as soon as the excitement started kicking in, things reversed drastically. WNCG has already lost 50% of its value.
To SHORT WNCG, watch for bear flags and take it down to the structure level indicated.
To LONG WNCG, watch for a bounce at the structure level. If we break the structure level, bullish reversal play will be invalidated.
