HMMJ, time to buy?HMMJ , could be a great buy. Price almost reached the ATL. It also break on the trendline or descending channel. But it could also be another faker.
Cannabisetf
Cannabis Index - Overbought, Looking for Retrace Before EnteringI have just closed a very profitable long on the cannabis index. This can only go up in the long run but I had to secure the profits. I am looking for this to retrace to between 0.5 and 0.618 Fibonacci before entering long again. It is very overbought on RSI across all timeframes so a correction needs to happen soon. Long term this will break all time highs (these do not show on this chart).
