CBDS - Trend Reversal
Weekly Log Chart
I am very bullish on cannabis stocks right now. CBDS broke out of the long term down trend on the log chart.
Entry price - $0.63
Stop Loss - $0.60
Price Target 1 - $1.33
Price Target 2 - $2.53
I am very bullish on cannabis stocks right now. CBDS broke out of the long term down trend on the log chart.
Entry price - $0.63
Stop Loss - $0.60
Price Target 1 - $1.33
Price Target 2 - $2.53
Trade active
Looks like it consolidating just above its previous high. Volume is tapering off. Still expecting this to break bullish.Note
^ I'm referring to the daily chart in my previous comment.Trade active
12/8 may have been a bear trapTrade active
I was stopped out of this position a few weeks ago but Im back in now
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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.