SMG- it's spring time for SMG to make some green LONG
Updated
SMG has good reason to trend up- the spring brings out consumers looking to get their lawn
off to a good start and the rise in marijuana stocks on the run-up to April 20th and the recent
legislative catalysts in Germany and Florida bring Scott's into focus as cultivators often use
it in their soil-based and hydroponic grow operations. The indicators show price momentum
and adequate volume to support a move higher. The predictive algorithm forecasts that move.
I will take a long position here targeting 86, the pivot high of 11 months ago.
off to a good start and the rise in marijuana stocks on the run-up to April 20th and the recent
legislative catalysts in Germany and Florida bring Scott's into focus as cultivators often use
it in their soil-based and hydroponic grow operations. The indicators show price momentum
and adequate volume to support a move higher. The predictive algorithm forecasts that move.
I will take a long position here targeting 86, the pivot high of 11 months ago.
Trade active
STop loss raised above break-even on the move up today.Trade active
Ongoing adds and partials taken- Disclaimer
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