If you look at the chart for HEMP, it has tested t
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Posted On: 07/26/2019 11:20:11 AM
If you look at the chart for HEMP, it has tested the support levels and is turning upward again. This is a cycle for this stock. Once it clears the resistance, there will be a new wave of investors coming in and they will drive the price up to to .020 level again, where it will struggle with the resistance and then probably fall again.
As a short term bet, there is some decent upside with support on the downside. Your odds are good that you can get a positive return on this in the short term (not so much long term). Once the money starts flowing in, it will be a quick move upward due to FOMO and any short squeezes.
As a short term bet, there is some decent upside with support on the downside. Your odds are good that you can get a positive return on this in the short term (not so much long term). Once the money starts flowing in, it will be a quick move upward due to FOMO and any short squeezes.
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