LONG MSOS, pullback for entry
Interested in MSOS as a cannabis fund that is entirely focused on the US domestic market. With the new administration and possibility of federal legalization this is a long-term growth opportunity.
We're looking for a solid entry point and can see that the MACD is signaling a reversal from the recent fervor. Potential entry levels are indicated. The $46 range is looking ripe as we've seen recent consolidation there and coincides perfectly with the uptrend that started in October.
We're looking for a solid entry point and can see that the MACD is signaling a reversal from the recent fervor. Potential entry levels are indicated. The $46 range is looking ripe as we've seen recent consolidation there and coincides perfectly with the uptrend that started in October.
Trade active
Buy Zone hitNote
If you missed the buy zone you are getting a second chance at a discount now. It looks to me like a bull flag is forming LONG on breakout.
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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.