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TerrAscend Corp. ($TRSSF): Buy or Sell?
TerrAscend Corp. cannabis stock is busy making new highs and higher lows... Is it time to buy or sell?
TerrAscend (TRSSF): Stock Chart Analysis and Price Action Prediction
After applying some of my technical analysis for the marijuana stock, TerrAscend, my answer is to sell as price action will add selling pressure to get short price targets in range. In my opinion, the monthly chart has a little headroom to go north, but I just don't feel that's going to be possible to establish any new support higher than $2 marker.
By providing a little more detail on the weekly chart and wave theory analysis, I left a little more room to go north, but don't expect it to be accomplished as my first price target looks to be $.77 - $.68 and if that fails, I would expect $.50 to catch (with even lower expectations if panic selling kicks in along the way down).
Pot StocksWriting by Nick CaskeyPot Stocks provides stock chart technical analysis for cannabis investors in the marijuana sector of the stock market(s). Follow PotStocks420 on Twitter! Made or saved money by following these charts? Consider sending a tip or donate towards the analyst's pain management fund.
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Disclaimer: The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations by Pot Stocks - These are theories and ideas using a chart analysis method developed by Nick Caskey.