Interesting break of support today. We've been waiting for this move for months. Ever since the parabolic upward curve was snapped, as shown in pink, we've had a sideways move, until today!
This is a great time to short CRON as we want to get back down to the buy line around the point D of the Bat Pattern.
This would be a great time to load up again as we did last year before all the hype ran the price up.
This is still a long term buy, but it is so volatile we can play it up/down/ and up/down again.
Weed is really cheap here in Oregon (not that I partake)... just simple supply and demand...
lets let the price cool off a bit and look for some panicky sellers as soon as the price breaks support.
In fact if we get so really bad news added soon that would be a get time to buy when fear is really bad and we can take the stock from weak hands :)
Old Fart
This is a great time to short CRON as we want to get back down to the buy line around the point D of the Bat Pattern.
This would be a great time to load up again as we did last year before all the hype ran the price up.
This is still a long term buy, but it is so volatile we can play it up/down/ and up/down again.
Weed is really cheap here in Oregon (not that I partake)... just simple supply and demand...
lets let the price cool off a bit and look for some panicky sellers as soon as the price breaks support.
In fact if we get so really bad news added soon that would be a get time to buy when fear is really bad and we can take the stock from weak hands :)
Old Fart
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