Splif- Still A Possible LongSplif is still eyeing my target, taking its time but holding support and seems semi-positive for now. I'm neutral but leaning towards bullish the longer we hold up. by ChartProphetPublished 1
Close to Retracing All Previous Gain, Lot's of News CatalystsWeed stock operating in the United States. Listed on the CSE, which is where it gets most of it trading volume. Reason I'm not entering now is because there were some heavy sell offs recently, and also because of the state of marijuana stocks in the United States. Most of the funding comes from Canadian investors though. It should get some laggard carryover once we start to close in on October from Canada legalization news pumping up the market again. Most marijuana stocks in Canada are in key support levels right nowLongby alipipefitterUpdated 1
EAT/SPLIF: Extended Correction Observations After a super extended wave 5 move at an alarming pace, we have been going through a fairly long correction phase. We may have entered into what is commonly known as the "hurry up and wait" syndrome, where we rushed through the impulse wave and then carry out long correction from the previous high. Charts still bearish as 55 EMA is above the other EMAs on 3h timeframe. RSI is also downtrending making lower highs. I believe in this company fundamentally long term but one must be patient with this correction if you are looking to enter or currently holding long term. Disclaimer For informational purposes only and not deemed as financial advice.Longby modernpicassoPublished 1