Glass House Brands Inc - $GLASF Chart AnalysisSPARK IT UP OR LET IT SIT?
Glass House Brands for the most part, has sustained relatively higher stock price action compared to their competition buds. Is this a paranoia high?
What appears to be just warping up a hyper extension of a triple combo, this cannabis ticker is putting up a good fight with sellers, but shorts seem to have been made victorious as the 3rd wave is rolling downward, maybe catching some investors in another bull trap around $4.10 - $3.85 before selling down towards $2.85 for a cycle correction, tapping in the 4/5 wave.
Not going to lie, this one was one of the trickiest charts in the cannabis sector. I won't apply any of my tinfoil theories, but this one definitely acts different. I will be watching this ticker on all pivots to see if this analysis is right. Disclaimer: This is my 3rd chart attempt mapping out the interest points and although each contain slightly different price plots, the wave action is similar too, but this one I favor most, but could wrong.
