RE: US Stocks - Watchlist and Discussion
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.