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LEVERXYZ
11 maj 2021 21:54

$MSOS reversal pattern Long

AdvisorShares Trust AdvisorShares Pure US Cannabis ETFArca

Opis

Local bottom for Cannabis Index (MSOS)
Reasons for longs:
- Head and Shoulders pattern, obvious
- Rejection off of 0.5 Fib Level
- Chuvashov's fork in play
- Volume picking up
- Daily gap closed within a day
- Hedge against possible forming S&P correction

Invalidation: close below Year Open
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