The news of Trump rescheduling marijuana to a schedule 3 is in the process of being priced in; however, I don't care who you are. I don't care how bullish the news is, when price of an asset has a crazy breakout and is jointly approaching both the ATH VWAP, and inception VWAP. There will be a significant pullback of 20%+ every. Single. Time. I've been long this since the beginning of this week, I plan on exiting a majority at $7.70 with the objective of buying lower.
I mean it man, every single time price comes to these significant VWAP zones, it loses. It might chop sideways for a couple days at the $7.50-$8.20 range before falling back, but it will. Don't get lost in the fomo.
I mean it man, every single time price comes to these significant VWAP zones, it loses. It might chop sideways for a couple days at the $7.50-$8.20 range before falling back, but it will. Don't get lost in the fomo.
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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.