Curaleaf Holdings Corp. - $CURLF Chart Analysis
TAKE A HIT OR LET IT SIT?
Curaleaf (
CURLF) I would expect to see this the next few weeks to form some kind of flat running/triangle pattern or could be the perfect storm to just drop the price even more. We are currently entering a high traffic zone due to all the prior waves coming hot as they enter their respectful 3rd-4th waves to their final stretch of the 5th.
I expect to see some MACD divergence to start displaying on the indicator, signaling the correction and confirming the leg onto the 5th wave. PT $4.62 - $4.11 (with hardly any support underneath, I would expect for selling or some hard flash sales/knives).
Since I made the market prediction (Mar. 10th/Twitter post), it's been over 1 month and the stock price seems to behave identical towards my technical analysis.
*Bonus Possibility
I feel like we'll see some slight movement down to $6 end of April and could see a fast reaction or this will play out as long extension that lasts well into August.
The $4.20(ish) stock price movement for the August sell of still stands, but I think we will see this ticker get smoked on a little more and burn this join to the ashes.
I feel the mid May will have a sell off that will rally some investors to buy more only to have the rug pulled underneath them by August, which will be a good sign for everyone else to start selling as I feel the rest of the year is done for Curleaf and will set a new alert around $3.50 for the end of the year.
Curaleaf (
CURLF) I would expect to see this the next few weeks to form some kind of flat running/triangle pattern or could be the perfect storm to just drop the price even more. We are currently entering a high traffic zone due to all the prior waves coming hot as they enter their respectful 3rd-4th waves to their final stretch of the 5th.I expect to see some MACD divergence to start displaying on the indicator, signaling the correction and confirming the leg onto the 5th wave. PT $4.62 - $4.11 (with hardly any support underneath, I would expect for selling or some hard flash sales/knives).
Since I made the market prediction (Mar. 10th/Twitter post), it's been over 1 month and the stock price seems to behave identical towards my technical analysis.
*Bonus Possibility
I feel like we'll see some slight movement down to $6 end of April and could see a fast reaction or this will play out as long extension that lasts well into August.
The $4.20(ish) stock price movement for the August sell of still stands, but I think we will see this ticker get smoked on a little more and burn this join to the ashes.
I feel the mid May will have a sell off that will rally some investors to buy more only to have the rug pulled underneath them by August, which will be a good sign for everyone else to start selling as I feel the rest of the year is done for Curleaf and will set a new alert around $3.50 for the end of the year.
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