norok

Watching Pot Stocks

Long
AMEX:MJ   ETFMG Alternative Harvest ETF
Few have been watching or trading pot stocks since the 2020 rally based on USA Democrats taking government. That rally did not have legs and broadly the industry has fallen even further from the heyday of speculation in 2018. Naturally, when few are looking I get interested...

The recent March rally on AMEX:MJ which is the ETF of the sector made a new high which breaks the downtrend. Now with the recent broad stock market selloff price is testing the 50% Retracement of the recent rally.

I am watching for setups in MJ as well as individual pot stocks. See link below for NASDAQ:TLRY

"Be to others the person you needed to meet 10 years ago"

Discord Trading Community: https://discord.gg/eDfhKvS5AC
Youtube: https://www.youtube.com/c/NoroksNotepad
Twitter: @noroktrade
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