MJ ETF (cannabis) has potentially double-bottomed over the past 6 months (october 2023 to march 2024).
Either a possible tradable bounce, or a long-term rally could occur over time as more countries partially legalize cannabis and marijuana.
Long-term resistance price targets would be: $6, $9, $14, $18.
Support price targets below would be $3, $2.50, $2, $1.
Cannabis companies and stocks are highly sensitive to Government Laws & Regulation changes, Fundamental Catalysts, and Corporate Earnings.
Either a possible tradable bounce, or a long-term rally could occur over time as more countries partially legalize cannabis and marijuana.
Long-term resistance price targets would be: $6, $9, $14, $18.
Support price targets below would be $3, $2.50, $2, $1.
Cannabis companies and stocks are highly sensitive to Government Laws & Regulation changes, Fundamental Catalysts, and Corporate Earnings.
Follow Me on TradingView, Youtube, X, Instagram.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Follow Me on TradingView, Youtube, X, Instagram.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.