The_Cannalyst

Trendbreak -Selloff - and now?

The_Cannalyst Updated   
TSXV:OGI   None
24
The trendbreak inititated a big sl-wave. Now we see a classical "falling knife Situation".
Is this dip a buying opportunit`y? I also don`r know that, but the indicators tell me, that we could see a nice Chance-risk-Ratio Long Chance.
- The RSI dived into the oversold area, we should soon see a tiny buyingsignal -watch the rsi.
-OGI is trading outside it`s BB - that not "normal" , so the stock should tend to jump back into it`s BB`s.
At ~ 1.8 is a very important longterm Support, the trendline where also the last highs are based (breakout-areau 10/2016)
so let`s see if we can catch this beast:-)
Trade active:
dipped deep down to the trendchannel yesterday , erached entry Point
Comment:
YESS!!!!!!
Trade closed manually:
Comment:
still weak
Comment:
Trade closed: target reached:
yihaaa
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