RE: US Stocks - Watchlist and Discussion
(2017-11-17, 12:33 PM)shaunattwood Wrote: Isa, I'd be interested to get your thoughts on Canadian cannabis shares. I just sold all of mine as they doubled in 2 weeks, mostly ACB. I'm looking for the following pullbacks for re-entry: $leaf if 14-15 + watching $hip hip.v for sub 40cents + $acb if $3.5 - $4 adding $weed partial buys at $17 $16 $15 above strong support at $14 + $imh if $1.2 or less + $CMED if 15-16
I'm convinced that the end of cannabis prohibition is the investment opportunity of a lifetime. These cannabis companies are some of the fastest growing in the world right now. I'm still long HMMJ (sector) and adding 500 more each month until full Canadian cannabis legalisation July 1, 2018. The volume spikes on the individual charts and the all-time highs really tick a lot of stan's boxes.
The canadian cannabis stocks continue to show strength and more importantly strong volume and all time highs. So as you said they tick a lot of stan's boxes. Shame I missed this one during my time off trading, as are exactly the kind of A+ patterns and volume that I look for with the method.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.