perfect support found, back into uptrend

I had hypothesized earlier that hempco could find support at previous resistance level after being in a very harsh downtrend. now blasting upward through resistance on news of Aurora cannabis's investment, showing that the bulls are still very much alive.

Not

Short term bull flag on big trading volume. Consolidating and potentially looking to make a move higher if volume is sustained

Not

Here is another snap of the 1 minute graph. This is a classic consolidation pattern seen in high volatility markets like marijuana and crypto.

Were seeing consistently high volume now in a short term upward trend. Theres a very strong chance that there is another gap up in tomorrows price action

MysteriousPersian

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might test top of wedge

MysteriousPersian tarafından

Feragatname

Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.