MJ ETF (cannabis) has potentially double-bottomed over the past 6 months (october 2023 to march 2024).
Either a possible tradable bounce, or a long-term rally could occur over time as more countries partially legalize cannabis and marijuana.
Long-term resistance price targets would be: $6, $9, $14, $18.
Support price targets below would be $3, $2.50, $2, $1.
Cannabis companies and stocks are highly sensitive to Government Laws & Regulation changes, Fundamental Catalysts, and Corporate Earnings.
Either a possible tradable bounce, or a long-term rally could occur over time as more countries partially legalize cannabis and marijuana.
Long-term resistance price targets would be: $6, $9, $14, $18.
Support price targets below would be $3, $2.50, $2, $1.
Cannabis companies and stocks are highly sensitive to Government Laws & Regulation changes, Fundamental Catalysts, and Corporate Earnings.
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Follow Me on TradingView, Youtube, X, Instagram.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
Social Media links are in my profile.
Boost, comment, share to support.
All posts are not financial advice.
免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。