After the huge “buy the rumor” rally leading up to the US elections back in November in anticipate of several states voting to legalize the sale of marijuana, followed by the subsequent “sell the news” correction, it appears that many of the cannabis stocks that I follow may be setting up to rally.
As I have a total of 40 cannabis related stocks that I monitor, 38 of which stand out as potential trade setups at this time, I broke the coverage down into two separate videos. The first video starts out with a discussion of some trading/investing tips & strategies that I prefer when swing trading or trend trading the cannabis stocks followed by coverage of the first ten stocks that stand out at this time with the second video covering the remainder of the trade ideas that stand out. Support & resistance levels as well as buy points & potential price targets are discussed on each trade idea.
The following stocks are covered in this order: ACBFF, AERO, AMMJ, APHQF, ATTBF, CANN, CARA, CBDS, CBIS, CCAN, CGRW, CHUM, CNAB, CNBX, CVSI, DEWM, EAPH, EDXC, ENRT, ERBB, GRNH, GRWG, HMMJ.TO, MCIG, MCOA, MJN.V, MJNA, OGI.V, OGRMF, PHOT, SGBY, SPRWF, THCBF, TRTC, TWMJF, VAPE & WEED.TO