Blum Holdings Inc (BLMH)

[Abandoned_Baby]

Not likely after todays action. The chart shows indecision on waning volume. (Half the volume exhibited on Friday.) Fridays uptrend followed by todays gap up with the close about equal to the open leaving a 'spinning top' could likely signal the second part of an Evening Star reversal pattern. The third part (tomorrow) would bring a gap down about equal to Fridays close and would thus signal the end of the uptrend. Keeping cash for confirmation of support would be prudent before taking new positions.