mgreenfield

My bullish argument for JUSHIF

Long
OTC:JUSHF   Jushi Holdings Inc.
After an incredible 1300%+ run from it's low's in March of 2020, Jushi spent the last few months forming a descending triangle consolidation pattern. It recently broke out of the triangle and is now above the daily Kumo Cloud with a positive TK twist. We are also seeing a new higher high for the first time since February and an inverted H&S in the RSI. If it closes above 7.21 today and maintains its break above the cloud it could be signs that it is ready for another run up. There is significant resistance at 7.42-7.50, if it closes above that $8.13 and new highs should be on the horizon.
-Mike

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