The bigger picture for weed

2020년 11월 6일

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.

2020년 12월 3일

노트

We are now breaking out of the consolidation!

A daily close above $17.5 could potentially take us to $25.

2021년 1월 6일

액티브 트레이드

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.