PYX My US pot stock main horse.
Good morning everyone!!
This would be my third post providing TA and some FA with regards to my favourite stocks/crypto. XRP being my favourite in the crypto space. ACB in the Canadian pot stocks. PYX being my favourite US pot stock.
Let's get down to business. As per my previous posts, the US elections will be a catalyst to another bullrun for the MJ sector. UTAH has announce to support legalization of cannabis! UTAH is one of the most conservative states in the US, which I believe would lead to federal legalization of Cannabis. Of course it's all speculation but I just personally cannot help ignore the political shifts, as these "news" are the ultimate influences that cause price movements.
PYX has just bounced off around 20 USD. I had this region highlighted before because it acted as resistance in the previous chart formation. As the bulls had their buy orders around this region, we see a bounce off it. So far, the upper portion of the cloud has acted as a support for PYX. Based on this chart, once we break through 30 USD, we are going up up up!!!!
This would be my third post providing TA and some FA with regards to my favourite stocks/crypto. XRP being my favourite in the crypto space. ACB in the Canadian pot stocks. PYX being my favourite US pot stock.
Let's get down to business. As per my previous posts, the US elections will be a catalyst to another bullrun for the MJ sector. UTAH has announce to support legalization of cannabis! UTAH is one of the most conservative states in the US, which I believe would lead to federal legalization of Cannabis. Of course it's all speculation but I just personally cannot help ignore the political shifts, as these "news" are the ultimate influences that cause price movements.
PYX has just bounced off around 20 USD. I had this region highlighted before because it acted as resistance in the previous chart formation. As the bulls had their buy orders around this region, we see a bounce off it. So far, the upper portion of the cloud has acted as a support for PYX. Based on this chart, once we break through 30 USD, we are going up up up!!!!
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