Target for WEED reached at 30$ retracing to 62% fib.
Now hopefully a short back down for the final correction wave from the pattern
First target pickup is at 21 again, second is at 16$. Good luck and remember to take partial profits in case in keeps running upwards, WEED could very well keep going to 35$ but don't fomo, patience is key, it will come back down again before legalization.
I believe the downtrend will continue short to midterm so anywhere from a couple weeks to a couple of months.
There is a lot of turmoil in global markets in general, if your keen on holding long term you might want to wait for the dust to settle. that being said, some of the greatest deals on stocks are during high volatility when people are selling crazy low because of FUD.
If your up for the risk, have a limit order down there, if you aren't, wait for the stabilization in the price action.
But thats only my opinion
Also, if you measure the fib on my 3rd wave, the 4th retraces back to the .382 which is textbook for a 4th wave retrace. We shall see what happens.