Goodness Growth Holdings Inc (GDNSF)

[Jayay222]

Oversold and hopefully ready to reverse course soon...

August 27, 2019
"Vireo Health International Inc (VREO.CN)’s Stochastic Momentum Index is diving lower and has passed the key level of -40, indicating possible oversold territory. The SMI indicator was developed by William Blau ad presented in Technical Analysis of Stocks & Commodities magazine in 1993, ten years after the original stochastic was invented. The oscillator fluctuates between -100 and 100, and as such the indicator can be readily used to identify overbought and oversold levels. Readings above +40 occur when the market is trading near the top of its recent price range. Readings below -40 occur when the market is trading near the bottom of its recent price range."

"Presently, Vireo Health International Inc (VREO.CN) has a 14-day Commodity Channel Index (CCI) of -144.30. The CCI technical indicator can be used to help determine if a stock is overbought or oversold. CCI may also be used to help discover divergences that could possibly signal reversal moves. A CCI closer to +100 may provide an overbought signal, and a CCI near -100 may offer an oversold signal."

https://wellstonjournal.com/2019/08/27/vireo-health-international-inc-vreo-cn-stochastic-mi-reading-touches-key-levels/