I see this hitting the yellow mid trend line but falling thru shortly after to the red support trend. Hopefully by red support we have a vaccine for this virus and move back up to the mid support and ride it organically. Please use this as educational purposes as these are my views and only my views. Thank you for reading.
Looks very similar to chart of gold in early 2000s patterns are everywhere in the markets and weed is the green gold so wouldnt surprise me at all if shorts dont get squeezed in an epic way here. Volume in between 20 and 25 was out of this world on buying so im not sold on market sentiment of bear seems to me stocks do the opposite of sentiment. Just my 2 cents!...