without_worries

GrowGeneration Corp

Long
NASDAQ:GRWG   GrowGeneration Corp.
On the above 9-day chart price action has corrected 97% since the sell signal printed in February 2021. A number of reasons now exist to have a long position, including:

1) You know why..

2) Price action and RSI resistance breakouts.

3) Price action prints a double with higher lows in RSI.

4) Strong bullish divergence. Lots of it.

5) No stock splits.

Is it possible price action falls further? Sure.
Is it probable? No.

Ww

Type: investment
Risk: <=6% of portfolio
Timeframe: Will say elsewhere
Return: No idea
Stop loss: Will say elsewhere
Trade active:
Past resistance confirmed as support.
Comment:
support confirmed, again
Trade active
Trade active:
Past resistance confirms support.

BTC
bc1q2eckdzh0q8vsd7swcc8et6ze7s99khhxyl7zwy

Weblink: www.patreon.com/withoutworries

Allow 3-6 months on ideas. Not investment advice. DYOR
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.