ETFMG Alternative Harvest ETF (MJ)

[DropLine]

50 - 50 coin flip... leg down or find support in the $24.00 area... Aug 28th volume was not very impressive... IMO we test some recent lows...

Next leg down takes us down to around the 20 handle... I'm in for a trade at or around there...

In light of the recent Vape news... can't see buying and holding this (or any 420 ETF) right now for the Divi (serious capital depreciation offset)... way to risky... sentiment changed basically overnight... From Cannabis 2.0 catalyst to the Vape Bomb that's dropping daily... The vape thing is greater than most understand... if banned or regulated... it will impact the sectors growth projections significantly...

All IMO...

$MJ