InvestorsHub Logo
Boards
News
Market Data
Markets
Discover
Discover
Subscribe Login/Register
S&P 500
5,222.68
(
0.16%
)
US TECH 100
17,682.40
(
0.00%
)
Dow Jones
39,512.84
(
0.32%
)
Brent Oil
82.77
(
0.46%
)
Bitcoin
62,414.55
(
1.57%
)

Replies to post #259 on Advisorshares Pure US Cannabis ETF (MSOS)

Replies to #259 on Advisorshares Pure US Cannabis ETF (MSOS)

Twothreetimes

01/30/24 8:39 PM

#260 RE: Brokemillwright #259

If price can get over the high of 14 back in December 2022 theres really not much resistance to $22-$24 zone. Basically 3x where it trades now. Once 280e goes away you can bet the fundamentals in MJ companies catch up to a 3x price adjustment to current prices.

Brokemillwright

02/04/24 1:50 PM

#265 RE: Brokemillwright #259

Don't get too cocky, the 1.618 is coming up lol could be near the end of a wave 3 up. 1.618 could be the wave 5?, then would expect ABC down correction taking out a big majority of the gains from $5s but signaling a long term bottom could be in. If that does play out I'll join. Been waiting to see that pattern play out since I started getting into charts and it's been evasive.