Ayr Wellness Inc (AYRWF)

[nilremerlin]

Closing VWAP 0.936349
uP 1.42%,
Closing price .92
uP 1.10%,
on 114,629 volume.

Last week's closing VWAP was Down 19.60% for the week
on a 5-day 1,079,889 total volume.

This week so far (3 days), the closing VWAP is Down a total of 2.43% on a 223,362 total volume.

Price is finally back uP today, after 6 days Down in a row,
after 6 days uP in a row on huge volume, boding well for future gains for bottom feeders, imo.
The stalled next leg up continued uP on a little higher volume today on Congressional news re:

*A bill regarding mj will be put to a floor vote,

*Safe Banking action promised in July, postponed until autumn (a more likely time to compromise, with Sun in Libra, imo, and closer to the Dec. 2nd deadline).

*added clarity on the descheduling/rescheduling report deadline, Dec. 2nd, and

*a U.N. push for decriminalization of all drugs,

*among other things, like company refinancing news, and CEO interview talk, new Ohio dispensary, new Florida dispensaries, upcoming Q2 call set for August 17th...

Price closed again below $1 on a bit higher volume today, while the VWAP closed below $1 for the 5th time in a row, and both generally may go sideways until August 17th Q2, imo.

The 200 DMA started to flatten a little several days ago. If the price rises high enough, it will flatten more, then start to rise. If it starts to rise, and stays rising BEFORE and AS the 50 DMA crosses it from below, there is a very good chance of getting a technical Golden Cross, with resultant price boost...
The 50 DMA is flat now after a long rise...
Time will tell...