HEMP: Potential Bottom at $0.89?

Observations:

• Whenever there is a massive uptrend at such an alarming pace, we always see long drawn out corrections.
  
• We see the next fib level support is at $0.89 which could potentially be a buy zone.
  
• Also included some thoughts around the timing of the correction but I would take those with a grain of salt.
  
• Fundamentally, this company is going through some transitions and I believe in them for the long term.
  

Disclaimer
For informational purposes only and not deemed as financial advice.