This video reviews the individual charts of all 36 stock in my Cannabis Watch-list, most of which have been highlighted as trade ideas in previous videos, the trading room or as official trades on the front page. Due to the large number of stocks, this video is unusually long. As such, I’ve listed the order in which these stocks are covered so you can skip ahead to any current or potential trades that you may be interested in:
CBIS, AMMJ, TRTC, CANN, CBDS, VAPE, CNAB, EDXC, CVSI, CGRW, MJNA, AERO, ACBFF, CCAN, CARA, GRNH, SGBY, MCIG, EAPH, MCOA, DEWM, PHOT, ENRT, OGRMF, SPRWF, MQTRF, EMC.V, TBQBF, CHUM, ERBB, TWMJF, MJN.V, APHQF, ATTBF, THCBF & IIPR
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Looks like you posted a bit too late Randy. MJ industry is blowing up right now haha.
At least a couple of members here have said that. I realize that the majority of the cannabis stocks, at least the 3 dozen that I follow, are trading below their 52-week highs but nearly all are still way above their 52-week lows & a handful are at or very near new all-time highs. I’d image you are referring to the sector blowing up due to the recent pullbacks in many of these stocks vs. their performance today. As you can see from my watch-list below, the majority of pot stocks are trading positive today & those that are green… Read more »
we can’t win them all.
Hi Randy, thanks for the helpful video. Would you take a look at ESSI, an explosive stock not on your list? Have a great week!
I wasn’t aware of ESSI but thx for bringing it to my attention, I’m going to add it to my watchlist. ESSI has been in a powerful uptrend since mid-2016 with relatively big volume coming into the stock. While the momentum indicators such as the PPO are still moving higher, I would be on watch for the PPO & RSI to turn down soon, thereby confirming the potential negative divergence that is forming beneath this bearish rising wedge pattern. Potential pullback targets, any or all of which could provide objective long entries, are shown on the daily chart below.