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Replies to post #111 on Advisorshares Pure US Cannabis ETF (MSOS)

Replies to #111 on Advisorshares Pure US Cannabis ETF (MSOS)
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Twothreetimes

02/02/23 8:03 PM

#112 RE: Brokemillwright #111

The MJ sector is one headline away from blasting through all the sell offers. There’s buying pressure underneath. We both know that. Look at the tape from today.
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Twothreetimes

02/02/23 8:11 PM

#113 RE: Brokemillwright #111

I really hate calling tops or bottoms on anything but if I were to “call a bottom.” On MSOS I’d say January 26th seems like a “bottom”. Again not calling a “bottom” (don’t jiz over my call) lol. but just a notable level.

Legislation from the federal government is really the catalyst here. Without any change in their stance then yes we may see more fresh new lows. I’m down. Yes. But I’m also long and still bullish. Maybe I’m wrong but I remain steadfast to my thesis.