Ayr Wellness Inc (AYRWF)

[nilremerlin]

Closing VWAP 2.80
Down 2.10%,
Closing price 2.88
Down 1.37%,
on 305,476 volume

Last week's closing VWAP was uP 13.50% for the week
on a 5-day 2,937,202 total volume.

This week so far (4 days), the closing VWAP is Down a total of 9.97% on a huge 1,883,924 total volume.

Closing price dipped slightly today on much more than average volume for this time of year after an upward price rally on 9/21 due to the HR 5040 committee vote passage, anticipated schedule 3 and SAFE Act, etc. impending actions & news enthusiasm, and price closed on the high side of VWAP.
Price closed below $3 for the 4th consecutive day..
VWAP closed below $3 for the 3rd consecutive day.
Both will close above $3 soon, imo.
Both generally were appearing to see-saw sideways after the 2August 17 Q2 earnings call, but the schedule 3 news changed that dramatically to the upside.
Now the RSI is getting some breathing room amid this consolidating wait.
Times ahead are better for mj stocks in general, as the Senate reconvened, and the House followed suit on the 12th as the SAFE Act is a priority within the next 6 weeks, and the Senate & House mentions of aim of some passages bundled within large must-pass bills by September 20th (HR-5040 passed on 9/20), and SAFE markup tentative date being September 27th. The M.O.R.E. Act bill was also refiled.

The 200 DMA looks uP again today, and may have risen enough to give us a Golden Cross!?...Zacks thinks so, fwiw...
IIf the chart eventually shows it rose AS the 50 DMA crossed it from below, then it's a confirmed technical Golden Cross, with resultant technical price boost...
The 50 DMA continued uP sharply today.
The 196 DMA is uP, and price is way above the uP-appearing $1.16ish 200 DMA. Question is, since the 200 DMA had been flattening at 1.16ish for a few days, was it on the rising side of that 1.16ish, or not? If so, then we had a Golden Cross Tuesday the 12th, as the 50 DMA rose above the (rising) 200 DMA.
The rising 50 DMA is at $1.44
Golden Cross already happening, or still coming, chart-wise? Gotta give it more time to see if it appears on the chart...not today...in any case, the recent price boost from fundamentals appears to have already accomplished what a Golden Cross would technically...so it's benefit is somewhat moot, imo.
Time will tell...