MJ (Marijuana ETF) offers an objective long entry here just above the 28.09 support level & will be added as an official long swing trade around current levels.
MJ daily July 26th
The price targets are T1 at 30.09 -or- the downtrend line, whichever comes first, followed by T2 at 31.10 with the potential for a 3rd target to be added around the 32.60 area, depending on how the charts develop going forward. The suggested stop for this trade is 27.30 and the suggested beta-adjusted position size is 1.0.