I am not betting for this stock to drop nor in favor of it going up.
With the MACD appeared to be seemingly showing signs that it wants to go Bull. It is not good enough.
The news might be saying good stuff about CRONOs, but the Canadian cannabis market is a disaster.
With the stock trading between the range and close to earnings report.
Unless the earnings report is super positive, I don't see any reason for this stock to raise.
Only chance for a buy in my opinion:
1/ MACD showing clear signs of bullish momentum.
2/ Positive earnings report.
3/ Breakout of resistance level.
Until then, keep waiting. :P
With the MACD appeared to be seemingly showing signs that it wants to go Bull. It is not good enough.
The news might be saying good stuff about CRONOs, but the Canadian cannabis market is a disaster.
With the stock trading between the range and close to earnings report.
Unless the earnings report is super positive, I don't see any reason for this stock to raise.
Only chance for a buy in my opinion:
1/ MACD showing clear signs of bullish momentum.
2/ Positive earnings report.
3/ Breakout of resistance level.
Until then, keep waiting. :P
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.