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LHS - Technical Analysis

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Dear Traders,

After a whopping 170% run, Liberty Health Sciences (LHSIF), Has started it's retracement, and in my opinion, it's not done retracing just yet.
If you look at the green circle you'll find a perfect entry. a bounce off of the 0.50fib level where the 55 ema and the 200 ema is located. If a bounce off takes place, there is also a chance that the 55 ema crosses the 200 ema which would be very bullish in our case.

What are your thoughts?

NEWS: technical420.com/cannabis-article/future-bright-us-cannabis-leader-making

About Liberty Health Sciences Inc:
Liberty Health Sciences Inc. manufactures and distributes medical cannabis. The Company cultivates and markets pharmaceutical grade marijuana. Liberty Health Sciences markets its products in the United States and Canada.
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Price is following what I said before, It should hit the 200 ema
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Price didn't hit the 200 ema but it bounced up on the 0.618 fib level which served as a support level. And it did it's job well! Only one thing is mind when I look at this chart, BULLISH !

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