Short
WeedMD [WMD.TO] CUP AND HANDLE PATTERN TO FILL GAP
A very defined cup has been formed - awaiting handle
Watch for the handle to be formed over the next few days
A break thru 1.80 could signal strong bullish action
Resistance of 1.80 is bottom of gap from July
Potential to fill gap thru to 2.00-2.03 with resistance @ 1.90
Recent sector strength supports this action
Watch for the handle to be formed over the next few days
A break thru 1.80 could signal strong bullish action
Resistance of 1.80 is bottom of gap from July
Potential to fill gap thru to 2.00-2.03 with resistance @ 1.90
Recent sector strength supports this action
Note
Mislabeled as SHORT, but obviously it is setting up for LONG
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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.