We are not out of the weeds yet. Get it?
stupid dad Joke
We are back down to buying prices and with inflation/fed rates priced in we've had a good month.
If we can break and hold above the downtrend line we could see a little rally to $6-$8 range.
I don't think it will last long though and we will more likely have a double bottom.
Seems like federal legalization is still a ways off, and marijuana market growth is slowing.
Just charting and sharing thoughts. Happy to hear feedback.
stupid dad Joke
We are back down to buying prices and with inflation/fed rates priced in we've had a good month.
If we can break and hold above the downtrend line we could see a little rally to $6-$8 range.
I don't think it will last long though and we will more likely have a double bottom.
Seems like federal legalization is still a ways off, and marijuana market growth is slowing.
Just charting and sharing thoughts. Happy to hear feedback.
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