R1 and R2 On a 20 days 10 minutes chart, R1 and R2 levels are more than in reach (2,19, 2,20) The problem being the very thight range between S2 and S1 (bottom floor and floor levels) at 2,14 and 2,16. So depending on the opening this could be a very good day according that the S.P. starts at 2,18-19 and jump over 2,20 in a few seconds before getting in a wall at 2,25. Or on the contrary another stagnant day if the S.P. starts at 2,17 and drops at 2,15 in between S1 and S2 levels. I hope fort the first scenario and I don't see any reason why the S.P. wouldn't go for it.
BTW :
BMO Capital Markets analysts Tamy Chen, CFA, and Peter Sklar, CPA, CA, recently initiated coverage of The Supreme Cannabis Company at Market Perform with a C$2.50 per share price target, representing a 15 percent premium to the then-current market price. The analyst sees the potential for a C$3.00 share price with brand traction, accelerating sales, ramping production, and strategic international acquisitions.
I found the target (2,50) a little low. 3,25-50$ being more likely when looking at the fundamentals