So Cannabis investors, HEXO is at the a dip and 786 fib retracement. Is this the dip before a November federal bill allowing legalization state by state, or will it go near full retracement?
High 9.29, current 5.70, full retracement 3.98.
Canopy Growth is 618 fib retracement. The better the stock the lower the dip. I'm using weekly charts and than switching to 1 day and 4 hour charts for potential limit entries.
Other favorites are Tilray (TLRY), GW Pharmaceuticals (GWPH) and CBD suppliers CVSI and CBDS.
We're getting hammered from credit debt and waiting for the final hammer to drop.
HEXO $OTC:HYYDF
CGC
CRON
TLRY $NASDAQ:GWPH
CVSI $OTC:CBDS
Pick & shovel options:
BLOZF THC Test devices...riskiest play in my view.
$OTC:KSHB Packaging, labels, and extraction products
SMG Hydroponics, equipment, fertilizers
IIPR REIT asset leasing, property
MNTR Financing, asset leasing, property
High 9.29, current 5.70, full retracement 3.98.
Canopy Growth is 618 fib retracement. The better the stock the lower the dip. I'm using weekly charts and than switching to 1 day and 4 hour charts for potential limit entries.
Other favorites are Tilray (TLRY), GW Pharmaceuticals (GWPH) and CBD suppliers CVSI and CBDS.
We're getting hammered from credit debt and waiting for the final hammer to drop.
Pick & shovel options:
$OTC:KSHB Packaging, labels, and extraction products
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.