ETFMG Alternative Harvest ETF
Cập nhật

The bigger picture for weed

238
This is a 1-month chart, which enables us to see the very long-term trend.

Honestly nothing is really happening yet, we maintain a consolidation for almost a year, after a long-term heavy decline.


Fundamentally, nothing has shifted yet, but it looks like there is some interest with Biden getting nominated.

Stocks are undervalued; that doesn't mean they can become even more undervalued.



I am watching them, but don't feel the time is right yet. If you don't want to miss out, buy a 25% of what you would normally. I am keeping them on a watchlist.
Ghi chú
We are now breaking out of the consolidation!

A daily close above $17.5 could potentially take us to $25.
Giao dịch đang hoạt động
There was a slight failed breakout, just to pop-up above the resistance line on strong volume.

RSI is 68, which means it is not oversold, and still has some room to rally.

I still believe YOLO is a better ETF for investing in Weed stocks than MJ.

Thông báo miễn trừ trách nhiệm

Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.