WEED daily chart looking like a bull flag right at downtrend resistance. Holding the daily mbb and hourly higher low today were great signs for the bulls. RSI favors bulls and MACD starting to poke through resistance.
Game plan: break 30.70 with higher than average volume will put me in a starter position, with the rest being added on the break of 31.46. Position size will be appropriate to a stop loss under the daily higher lows - or a portion of profit taken on a first push up to give wiggle room to my position size and stop.
Game plan: break 30.70 with higher than average volume will put me in a starter position, with the rest being added on the break of 31.46. Position size will be appropriate to a stop loss under the daily higher lows - or a portion of profit taken on a first push up to give wiggle room to my position size and stop.
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