Ayr Wellness Inc -$AYRWF Chart Analysis (Conti.)
TAKE A HIT OR LET IT SIT?
$ARYWF
With most of the cannabis price action this past week, this cannabis ticker also sold a little more than expected.
This is also connected to TV not providing the chart data prior to the symbol change. So, along this chart analysis, I am running blind, but feel pretty good with this prediction with this timeframe now in align with other potstocks.
I know believe the markets want us to believe this has been over bought for most of the way down (looking at the volume profile, I guess that's true).
With this chart, we'll see the summer correction that's needed (likely peak around $9.47 - $8.50 marker) and than start selling on the 5th wave down during Aug. This gives the ticker a chance in Oct. to have a time to correct the primary cycle.
$ARYWF
This is also connected to TV not providing the chart data prior to the symbol change. So, along this chart analysis, I am running blind, but feel pretty good with this prediction with this timeframe now in align with other potstocks.
I know believe the markets want us to believe this has been over bought for most of the way down (looking at the volume profile, I guess that's true).
With this chart, we'll see the summer correction that's needed (likely peak around $9.47 - $8.50 marker) and than start selling on the 5th wave down during Aug. This gives the ticker a chance in Oct. to have a time to correct the primary cycle.
