Were in up channel, long consolidation, but I believe we are seeing potential to make some gains.
There is clear rotation from cad LPs into MSO, I expect MSO to do well until earning season begins. May 08-09
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beautiful.
Took large position yesterday. I am going to take 20 percent profit and ride it longer
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This is not the same environment as it was back in 2018-21
Every spike is heavily shorted in 2023-24.
What I am thinking is the halt on MSO was to blame in part. Created weird daily gap.
The good: we're close to fill it. tomorrow MSOS may drop 2 percent and at 9.39 the gap is filled.
Watch that level, it may bounce from it to 10.21
The bad:
Sale the news wasn't typical for MJ market, it is now.
We have few months now before next news.
So for me other the hourly bounce, Ill be very carfull
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longer term, I think 14 is a good target
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