Weak open red to green, I think this can continue another day.
Lots got long this into the close, I won’t’ chase, but ideally the standard plan that is working. A weak open will scare out longs that buy right a the close and embolden shorts. Then a green move gets this ripping.
Marijuana plays and same plan we’ve been using for weeks. If they are green with volume they are potential longs with stop on green to red.
Main short watch, ideally a pop to $5.20’s-5.30’s with risk on $5.50.
Leave a Comment