GrowGeneration Corp.
شراء

GRWG Range High| PA Range| Declining Volume| RSI Extended

428
Evening Traders,

Today’s analysis – GRWG – trading towards a technical location where a bounce is probable,

Points to consider,
- Price Action Corrective
- Range High Support
- Order Bock Confluence
- Declining Volume
- RSI Extended

GRWG’s immediate price action is trading towards its Range High that has technical confluence with an Order Block, allowing for a bullish bias.

The current volume profile is on a decline, an influx is needed for a strong bullish expansion.

The RSI is currently extended, a reversion to its mean is and bullish control zone is likely on the bounce.

Overall, in my opinion,

GRWG is a valid long with defined risk, price action is to be used upon discretion/ management.

Hope this analysis helps

Thank you for following my work

And remember,

“Hope is bogus emotion that only costs you money.” – Jim Cramer

إخلاء المسؤولية

لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.