Strong Support at 27.70

25 Nis 2018

I believer WEED might be close to its bottom. Its worth watching at 27.60 as it has bounced here on the daily 15 times since March. Buying in or around here would be smart however I would hold off until the SPY and bigger markets stop dumping. If it continues to drop with the bigger markets look for buying points at 27.60, 26.70 and 26.00. 26.00 should be where we start to see an RSI bounce.