TLRY might have bottomed. Great entry opportunity?
Fundamentals for weed stocks are not hot.
WEED
didn't see strong earnings and can't predict profitability anytime soon.
The cannabis market hasn't kept up expectations and we are seeing that reflected in the stocks. With all the bad news there may be some good.
It looks like TLRY is bottoming and if it has a clean breakout it could give an opportunity for some big gains. I don't believe this will happen unless we see some positive news for the cannabis sector though, and overall positive fundamentals.
Keep your eyes on it.
WEED
didn't see strong earnings and can't predict profitability anytime soon. The cannabis market hasn't kept up expectations and we are seeing that reflected in the stocks. With all the bad news there may be some good.
It looks like TLRY is bottoming and if it has a clean breakout it could give an opportunity for some big gains. I don't believe this will happen unless we see some positive news for the cannabis sector though, and overall positive fundamentals.
Keep your eyes on it.