RE:Overbought? Weed correction soon?Baller604 wrote: ACB's RSI is overbought.
I understand this stock has been skyrocketing this week due to fantastic news but dont you think it's going up a little bit too quick? Do you guys think ACB + other weed stocks will have a minor correction soon?
Personally, I wanted to get into this stock but obviously was too late + scared that it may correct itself, judging by how fast it's been going up.
Its just the begining...all Canadian investors are selling their stocks to buy MJ stocks...so no its not overbought yet...monday i expect an open @ 5$ and next stop is 6$ before a Minor correction...but our new support level is 5$ now. Sorry you missed the $$$$