WEED holds support at the MA50? So much sideways chop!
There is a a lot of choppy sideways movement going on with
WEED
right now that I wasn't expecting and it invalidated the temp upward trend that looked promising.. I was really hoping that we could confirm three points, but we are now looking to hold support around the 50 day moving averages. We are still way above the 200 day moving average. We can see that it keeps getting reject at the support zone at 31.40 quite nicely, looking like we will close with green candle above support, between the current channel.
Thanks for viewing my charts!
WEED
right now that I wasn't expecting and it invalidated the temp upward trend that looked promising.. I was really hoping that we could confirm three points, but we are now looking to hold support around the 50 day moving averages. We are still way above the 200 day moving average. We can see that it keeps getting reject at the support zone at 31.40 quite nicely, looking like we will close with green candle above support, between the current channel. Thanks for viewing my charts!
