As we can see, WEED keeps tapping that new upward quite nicely, leaving us with a third point of confirmation on our temporary upward , indicated by dotted green. This however, brings us closer to a possible ascending forming. After making a significant rally today, you can see that we touched the previously drawn resistance at 33.90, pulled back and now holding as I write this. So far we have been able to keep above our EMA200 very nicely, so will most likely close on the resistance line, let’s see if we can turn it into support folks!
Thanks for viewing my charts!