Cannabis Stocks Appear Ready For New Lows

in houma •  5 years ago 

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Those who buy (Cronos Cannabis) here should place a stop-loss order beneath the February low at $6.57 and anticipate a move to overhead resistance at $11.

Interesting article about the cannabis stocks and where they might be going from here. I'm not too bullish right now, these stocks just can't get any good news going. I think and hope that they have all bottomed and a 2020 rally is in the cards, we'll see.

Read the full story here....
https://www.investopedia.com/cannabis-stocks-appear-ready-to-test-recent-highs-4796789?utm_campaign=quote-yahoo

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Maybe they're heading to new lows but they all had a good day today.

Rumor on the internet is that Cronos is going to be better than expected

Do you think that's true

No telling, but I think I'd be a partial seller if they knock it out the park

And if they miss?

I'm a buyer around $5 and seller around $8 right now

Hmmm, do you believe in the cannabis market long term?

Definitely, five years down the road, Cronos should be a lot higher

Maybe they're heading
To new lows but they all had
A good day today.

                 - onthehook8


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