Curaleaf Holdings Corp. - $CURLF Chart Analysis
TAKE A HIT OR LET IT SIT?
Curaleaf ($CURLF) I would expect to see this the next few weeks to form some kind of flat running/triangle pattern or could be the perfect storm to just drop the price even more. We are currently entering a high traffic zone due to all the prior waves coming hot as they enter their respectful 3rd-4th waves to their final stretch of the 5th.
I expect to see some MACD divergence to start displaying on the indicator, signaling the correction and confirming the leg onto the 5th wave. PT $4.62 - $4.11 (with hardly any support underneath, I would expect for selling or some hard flash sales/knives).
Since I made the market prediction (Mar. 10th/Twitter post), it's been over 1 month and the stock price seems to behave identical towards my technical analysis.
*Bonus Possibility
I feel like we'll see some slight movement down to $6 end of April and could see a fast reaction or this will play out as long extension that lasts well into August.
The $4.20(ish) stock price movement for the August sell of still stands, but I think we will see this ticker get smoked on a little more and burn this join to the ashes.
I feel the mid May will have a sell off that will rally some investors to buy more only to have the rug pulled underneath them by August, which will be a good sign for everyone else to start selling as I feel the rest of the year is done for Curleaf and will set a new alert around $3.50 for the end of the year.
Curaleaf ($CURLF) I would expect to see this the next few weeks to form some kind of flat running/triangle pattern or could be the perfect storm to just drop the price even more. We are currently entering a high traffic zone due to all the prior waves coming hot as they enter their respectful 3rd-4th waves to their final stretch of the 5th.
I expect to see some MACD divergence to start displaying on the indicator, signaling the correction and confirming the leg onto the 5th wave. PT $4.62 - $4.11 (with hardly any support underneath, I would expect for selling or some hard flash sales/knives).
Since I made the market prediction (Mar. 10th/Twitter post), it's been over 1 month and the stock price seems to behave identical towards my technical analysis.
*Bonus Possibility
I feel like we'll see some slight movement down to $6 end of April and could see a fast reaction or this will play out as long extension that lasts well into August.
The $4.20(ish) stock price movement for the August sell of still stands, but I think we will see this ticker get smoked on a little more and burn this join to the ashes.
I feel the mid May will have a sell off that will rally some investors to buy more only to have the rug pulled underneath them by August, which will be a good sign for everyone else to start selling as I feel the rest of the year is done for Curleaf and will set a new alert around $3.50 for the end of the year.
