HMMJ Pot stock ETF short term bounce... long term short.

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HMMJ finally at last line of support. If it breaks down here then things look very dire for this etf.. my guess would be next support at 2 - 5 dollars. However.. if it bounces here which I think it will.. look for a retest of the lower bearish channel and create a running triangle which would likely break down. The only reason I could see this reversing is if USA federally legalizes pot. After the running triangle.. downside target still 2-5 dollars.

Aviso legal

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