RE:RE:chart Yes I was suggesting this is a bullish hammer signalling the end of this short dip.
These candles are simply guidelines.
The hammer will need a confirmation on monday.
We shall see what monday brings.
antonaki1 wrote: The whole sector seems to be following Canopy today, everytime it takes another dip everything else in the sector follows in unison. Canopy looks like it put in a solid bottom today giving up most of it's recent moonshot type move. If this were a sector going into a bear market, then you might worry. It's instead a sector that's clearly in a bull phase and this correction will quickly pass. Lot's of repositioning goes on as well during these consolidation days and the stronger companies like Namaste will get alot more of the attention on the way back up.