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WM Technology, Inc. ($MAPS): Buy or Sell?
WM Technology ($MAPS) cannabis stock ticker currently seems to be settling a new floor, time to buy or sell?
WM Technology (MAPS): Stock Chart Analysis and Price Action Prediction
Applying my stock chart technical analysis towards the pot stock, MAPS, you can see the hard correction wave, "A.B.C." off the peak was extended, causes not only confusion, but false indicator signals too, I'd imagine.
While there seems to currently be some headroom left for more price action north, the overall weight being applied will look for more price tags south.
Looking at the weekly chart with a little more details, I can see a correction/pullback here that might trap some more investors, while shorts try and get to my first price target of $.65-$.63 cents and if panic selling happens, expect $.44 to try and catch buying support.
Tags: $MAPS
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.