Hmmm... after last night's drop, filling the first of those...

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    Hmmm... after last night's drop, filling the first of those gaps, I don't like the look of this chart at all.

    https://hotcopper.com.au/data/attachments/3951/3951475-2c75ad8c6fdd15b2105c9016a83e93cf.jpg
    Basically a descending triangle breakdown,
    with an initial target which would comfortably hit the last gap @ $9.96


    The US Fed news is also concerning for markets generally...

    https://hotcopper.com.au/data/attachments/3951/3951486-678600ecac849ee51f8dc8ebf61cb94a.jpg
    https://www.cnbc.com/2022/01/05/fed-minutes-december-2021.html

    ...a definite progression from just tapering the rate of bond purchases, to actually rolling off the balance sheet.
    Add to that the coming interest rate hikes, and spec sectors like cannabis become a less attractive risk proposition.

    Just exited CAN @ 29c
 
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