The upper red lines have previously been resistances but now with upcoming legalization we could see the lower green line act as a support, especially since the upper red line has been broken.
Note
Daily MACD, Momentum, and WaveTrend all show strength as well
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Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.