XXII caught in the longterm-downtrend: At the Moment we can see three different Trends: -The Long term downtrend (orange counting) -The middle-Term-uptrend (yellow counting) -The possible short-term-downtrend (red counting)
Long-Term view: Since more than one year, XXII is caught in his downtrend. If a new low occurs in this trend, that would be a very hard landing. The next projection wave would reach till ZERO! The worst-case "Zero-Target" would be active, if XXII will crash through the support-Levels @0,6$
Middle-term view: The middle-term uptrend is still active. If the Support @ 0,9-1$ will be bougt an XXII can jump over 1,3$ it is possible that we will see the 1,6$ or 1,8$ (yellow "2?")
Short-term view: The short-term downtrend will continue, if XXII will fall down the Level @ 0,9$. This Event will generate a shortterm target @ 0,6$ marihuana-aktien.de
評論
Incogniteaux
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Very good chart. Expanding international and domestic business will likely trigger a reversal sooner than .90 imo though