Im just looking at the chart.. there's hardly any previous support in the range this is trading at now.. look for yourself.. who knows where the mm's will decide to take this.. it's apparent somebody with lots of shares is dumping regularly across most if not all of the MJ sector. Sells have been outnumbering buys by large disparities for most of the weeks I've been watching this.
I don't claim to know where its heading but the bleeding doesn't appear to be anywhere near done sector wide.
The chart shows a slight but steady sell off in the OBV indicator.. based on where the MFI is, its the only positive I see. But, every time I think a past indicator is in line currently as it was in the past, as the MFI is, I get fooled and the price trades sideways for weeks or months or drops further. I own shares, so I'm not pleased with the decay in share price. I'd also like to buy more but I just can't pull the trigger.
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