TSXV:CLAS.H - Post by User
Post by
yorgosGKon Apr 04, 2018 10:21am
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Post# 27827825
Simple Technicals
Simple TechnicalsThe "M" arcs of KALY. We thought news would break these arcs but 3 months of resistance and a horrible market has brought back a giant one; faking everyone out. The markets right now are horrifying - especially for marijuana plays (which is technically what we are). We don't know when the markets will fix, what we do know is KALY will be back : ) She comes back FAST....Markets should soon stop being bearish. Its been day 3 now. My prediction is that the buttom of the arc is around the corner. Here is why:
Support levels waiting to buttom feed the arc (as of 10:14AM):
Orders are getting bigger. All trades this morning over 10K shares:
Arc length matching others.
We need this market to turn it around. ASAP. It will ;) You can bet your buttom dollar.
Cheers gang.