- Marijuana Sector is still in a downtrend - Bearish. - At an important level of support...could bounce and climb to $27.50 before rejecting and continuing the downtrend (unless marijuana is legalized). - Watching for bullish volume but don't hold your breathe. - Expecting a reversal as soon as marijuana is legalized.
Recommendation: - Scalps / Daytrades - Short-term swing trades (less than 1 month) or LEAPS (2023 or 2024 Calls)
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