Although it states long, I'm still somewhat neutral on this one.
However, price has been tanking significant on some bumps on the road.
They recent got a license to expand into the UK.
Price has been trading short for a while now and locally it broke out of this downward channel.
If the coming days or weeks price goes flat or even manage to take out some local levels and shows clear signs of potential accumulation. Then it will be definitely a good stock to put on the watchlist and hunt for for longs.
However, price has been tanking significant on some bumps on the road.
They recent got a license to expand into the UK.
Price has been trading short for a while now and locally it broke out of this downward channel.
If the coming days or weeks price goes flat or even manage to take out some local levels and shows clear signs of potential accumulation. Then it will be definitely a good stock to put on the watchlist and hunt for for longs.