Since September, MSOS has been consolidating off the pop from news of possible rescheduling of marijuana.
With a triple bottom bounce of $6.90, it seems that this breakout is going to be likely soon.
If it does breakout successfully, we could see a movement of ~100% to about $14 levels assuming the move is the same as the length of the flag pole (bull flag). Which happens to be near Aug 2022 highs as well.
From a trading perspective, I would enter on a breakout with a SL below $6.70.
With a triple bottom bounce of $6.90, it seems that this breakout is going to be likely soon.
If it does breakout successfully, we could see a movement of ~100% to about $14 levels assuming the move is the same as the length of the flag pole (bull flag). Which happens to be near Aug 2022 highs as well.
From a trading perspective, I would enter on a breakout with a SL below $6.70.
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.
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.