Okay this is uncharted territory for me. But it looks like the marijuana market is in a large sell-off. I expect prices to go up a little and retrace downwards. A short position may be opened when the price breaks the bullish trendline in the descending channel.
Lot of resistance for TLRY and it wicked bearish off current fib. CGC is a much easier play if you like trading marijuana stocks
Aphria acquired a bad asset and is reported to be a shell company now. Down to pre-2017 prices and shown here compared to Canapy Growth, Tilray, Cronos (Aphria trying to acquire) and Aurora. Watching for high $2 entry. Like watching GE go below $7. Bottom feeding.
9.05 headed to 9.80 range with mid-term elections giving positive vote. Short this
CRONOS Group likely going full retracement to low $6's. Oversupply, VIX, profitability, recent losses and await when larger institutional buying allowed Federally. November review watch. Few others here. CRON CGC ACB APHQF CVSI CBDS Pick'n shovel stocks: SMG BLOZF KSHB IIPR OTC:MNTR NASDAQ:MSFT NYSE:BE
A ACB TSX:ACB Down 17½% from opening price on NYSE and down 27.7% from high. Watch list.
CNTTF CRON CGC TLRY APHQF * CannTrust Holdings breaking out on harvest time sales about to commence....profitability as a Top Tier Cannabis stock, usually the least favored of this group I might add. * Buy low, sell high, don't loose your money. * chance to get more or first half share at $9 382 retracement after buying market order, can always buy more on the...
Watch CCI momentum with MACD here. . . future profits and earnings TBD. Await patents and studies. Expect they'll eventually have to sell the farm here to pay for all the cannabis / hemp studies. Ent Value / Mkt Value is 1.02. A new medical advisory board for new medical products. One patent issued 2017 for treatment of neurobahaviors and could lead to...