22nd Century Group Inc (XXII)

[Sendme]

If one is a long term investor, it looks like a possible falling wedge which is generally bullish. But on the other end there is a possibility of a Head and Shoulders pattern that would bounce off that trend line.

https://www.investopedia.com/university/charts/charts7.asp






POSSIBLE long term chart outlook. This is purely speculation at this point, but is a card that is on the table as long as the bottom supports hold true.

And keep in mind that this is also quite a ways out in the future, maybe 3-5 years?



https://www.investorsunderground.com/the-chart-pattern-that-made-me-over-100000-in-trading-profits/

People can argue among themselves, but you can't argue with the charts. LOL

I honestly have just started to realize this ABCD pattern and am now looking back and seeing that it is a great consolidation pattern that does have good results.



This is just for example ONLY. I try me best to provide information to back up my talk.




Best of luck and have a great weekend. Keep the faith all longs.