ACB on a down day, Buying Call Options expiring in 3 days just outside of the money. Chart is leading us through a similar pattern here where we would look to exit Between $12.78 - $14.44
The Cannabis Sector has been red hot with Biden as President elect minimum, there's upside above $12, I suspect the $12.78 level even wouldn't be too greedy, but I would look to exit at or above these levels. One thing about this Sector when it moves it moves, so Keep your eye on it, if we blow through $12.78 level with little to know effort then we could see upside closer to full re-tracement at just above $14. Either way buying outside of the money $11.50 Call options expiring 12/04 is the equivalent to the bank handing you FREE MONEY.
It's there, if they are going to give to me, I am going to take it. GLTA
The Cannabis Sector has been red hot with Biden as President elect minimum, there's upside above $12, I suspect the $12.78 level even wouldn't be too greedy, but I would look to exit at or above these levels. One thing about this Sector when it moves it moves, so Keep your eye on it, if we blow through $12.78 level with little to know effort then we could see upside closer to full re-tracement at just above $14. Either way buying outside of the money $11.50 Call options expiring 12/04 is the equivalent to the bank handing you FREE MONEY.
It's there, if they are going to give to me, I am going to take it. GLTA