Weed market is consolidating in a similar fashion, across all companies. Some look stronger than others ,and have held their price quite well such as TCNFF.
Others, like TGOD, could experience a solid reversal. Price is compressing near the apex. Looking solid for building positions.
Catching up on quarterly reports, and spreading my sensimilla across this market.
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Looking at the log scale, so we can better understand price structure.
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I think we might have reached the bottom.
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I averaged in today.
The rest of the market showed positive numbers today, and TGOD offered an opportunity by going below the trading range.
I really like this RSI setup.
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Reverse candle printed on the daily. Weekly shaping up like a DOJI.