Replies to post #212 on SLEEKSCAPE'S 2022 CANNABIS & MARIJUANA MANIA GRAND

[VERAX]

Okay, here's a quicky! CNAB is overbought. Chart is text book perfect. My opinion is that it will begin to trade like GNRH for a time. Now, look at Bollinger in daily. notice how it's trading up to the bollnger. So, it's band is staying within the Bollinger band and candles beginning to round over. Looks to me like a reset is in order. CNAB is still trading strong. But I wouldn't be a bit surprised to see it wick down into the 8EMA. I would be looking for .2520 area and maybe even .2265. All good stock have to spend time testing support and profit taking. So, it's all in the natural ebb and flow. When one lays it out. One runs the chance of looking like an ass. I think the smart money waits for the little pull back. Again I think this could look similar to GRNH. lol