Blum Holdings Inc (BLMH)

[IndustryParticipant]

Well, and also slightly premature to address.

I'm sure people are pleased to see a gain, but a correction also certain to happen as most unable to pass on taking advantage of such and a disappointing Q2 on the way.

Breaking resistance is nice, but that means also new support levels have to be established, which go hand in hand with sell off's/decline, etc.

The real issue is what will the new support levels be.

We have had about 100% gain in 6-7 weeks...

As always, any downturn may very turn into a panic selling thing as well. :) lol

I'd like to think while a profit is nice, that people actually learned something on this ;). This was an incredibly obvious and very clear window for people. 22nd/23rd reversal was textbook.