RE:RE:RE:Support and Resistance for month of OCToberHeres the Reality...for anyone who can read a chart....
Monthly High---$2.44....
Monthly low----$2.82...
*****
Weeekly high---$2.15
Weekly low---$1.82
.......
Daily high---$2.12
Daily low---$1.82 or lower....
Without looking at the chart... you can see that HEXO is showing lower lows on the daily, weekly and monthy....
This is a falling knife...
And there is 3 months before next earnings....
So what will happen... Investor sentiment???? is all bearish...
And so the knife will continue to fall...
Expect a lower low on Monday...or next week.
THE BOTTOM is not in yet.
UNtil we see a high high sp on the daily time frame at close, and a higher high on the weekly at close, then a higher high on the monthly at the close.
When to buy Hexo??? NOT now..