Where is the bottom?First, understand "support and resistance---the high and low of a particular time frame.
The more reversals at a particular share price, the more likely that the share price swings high---into an uptrend, or swings low, into a down trend.
So, look at the chart for HEXO. Be sure to look at the monthly time frame....
You will see that HEXO's share price closes lower each month....
https://www.investing.com/equities/bfk-capital-corp-advanced-chart
Now look for the bottom??? Where the share price reversed. You will see $1.46.....
And so, this share price is the support for the MONTHLY time frame.
Charts don't lie.... PUMPERS can state all the wishful thinklng they want. Seems rather stupid. Because the reaility is that HEXO just reported lousy earnings, cash flow issues, and an all-time low.