Cannabis sector is starting to heat up. I expect $KERN to follow next. It just reported earnings and closed above the most recent bottom. My stop will be a close below $2.50. KERN is the software solution for the cannabis sector and is growing about 40% year-over-year. I'm holding long-term and trading.
Trade active:
Got up to $4.25 in the pre-market. I took some profit in the $3 to $4 area. I still expect more upside, but may pullback to the $3 to $2.90 area before moving back up. As long as the cannabis sector stays hot, I'll keep the trade going.