FXCM Cannabis Basket Showing Signs of Bottoming
The FXCM Cannabis Stock Basket has been moving in a downtrend almost since inception. However, the downside momentum seems to be slowing. This is evident by the shift in trendline gradient from the green trendline to the shallower sloped orange trendline. In fact, the basket has positively broken above the orange trendline (black ellipse) in a recent show of strength.
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