Bears failed to push this below Wednesday's low. Longs bought the dip. chart is forming a massive cup and handle .
volumebot.com/?s=BMMJ ----- between 50 and 70 percent short between march 22 and april 19. meaning a lot of these shorts have averages under 1.50. they're currently down over 80%. longs don't even need to buy the dip, the shorts will cut each other's throats to get out of their losing positions.
support levels are 2.20, 2,10 and 2.00 Longs are very comfortable after a massive run.
volumebot.com/?s=BMMJ ----- between 50 and 70 percent short between march 22 and april 19. meaning a lot of these shorts have averages under 1.50. they're currently down over 80%. longs don't even need to buy the dip, the shorts will cut each other's throats to get out of their losing positions.
support levels are 2.20, 2,10 and 2.00 Longs are very comfortable after a massive run.