Description
⋅ Can Group Pot stock.
As you can see, Cannabis stocks in Australia look very similar to the 2017 cryptocurrencies pathways.
Initial hype of parabolic advances which was fueled by euphoria followed by a blow off top which resulted in a multi year downtrend.
The multiyear downtrend put the market cycle in consistent disbelief stage flushing out all the weak hands.
The breakout of the descending triangle confirms CAN group is on a new path to potentially make new highs.
Upon easing of regulation of pot companies in Australia, These attractive prices have a high probability in luring new investors to the scene.
*This is Not Financial Advise*