Big Bullish Bounce Coming Monday
Low range Red - 64.29 - 65.00; Expected range - 67.46 - 65.00; High end- 65- 70. ps
News announcement on Dr. Dre Chronic patent infringement has no barring on operations or any tangible lawsuits as it was a filing made in error. Sell off was not warranted. News of crop failure is over substantiated by shorters. Stock rebound 100% for weed on Monday. Ranges are in fact most probable scenarios. 117K shares bought by swing trader at end of day Friday. Signalling huge buying opportunity. 20% rebound expected in the short term.
I do not own shares in Weed, but will be buying a position Monday. Volume is expected to be higher than normal.
News announcement on Dr. Dre Chronic patent infringement has no barring on operations or any tangible lawsuits as it was a filing made in error. Sell off was not warranted. News of crop failure is over substantiated by shorters. Stock rebound 100% for weed on Monday. Ranges are in fact most probable scenarios. 117K shares bought by swing trader at end of day Friday. Signalling huge buying opportunity. 20% rebound expected in the short term.
I do not own shares in Weed, but will be buying a position Monday. Volume is expected to be higher than normal.
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