Weak bounces from Thursday with no followthrough on Friday have us looking back to our recent lows for a support test first thing next week.
I find the CGC chart as it stands now looks a lot like the NIO chart did back in early June, and the subsequent basing pattern of consolidation is all I expect for the sector after the eventual bounce does play out.
We all no a bounce is coming but we can be patient trying to play it.
I find the CGC chart as it stands now looks a lot like the NIO chart did back in early June, and the subsequent basing pattern of consolidation is all I expect for the sector after the eventual bounce does play out.
We all no a bounce is coming but we can be patient trying to play it.