Triangle, triangle....

Wait 5 sec.

Triangle, triangle....SynBiotic SETRADEGATE:SBXrobschulzLet's go again....and Fail again? Stock is completing a triangle ABCDE Formation with Wave E bouncing at the 61,8 % Fibonacci lvl of Wave D. Before that, the stock bounced of a second ATL, forming a bullish divergence on the RSI on it's way. Now it is crucial to look for stock price reaction at the breakout. Expect a breakout and retest at best. Risk & Reward can be set very tight, since triangle is nearing its end formation Fundamental: Stock is about to release 2025 numbers. Considering the fact, that medical cannabis is somewhat legal to be obtained online, I expect a bump in growth for 2025. Profitability should be reached in 2026 however according to the company, with 2025 just failing a net zero, after years of losses. Legally: Politically challenging times ahead, since online cannabis market, could be adressed by an ongoing reform.