If we can break to the upside and ideally retest resistance as support with positive confirmation we should then see continuation to the upside quite rapidly. It could take a up to a week for this to happen. As always, this is not trading advice.
No idea of fundies, we built a couple of there store interiors at my day job. Wish I had access to management, I believe they acquired license to operate in jersey, only reason they are on my radar(bearish strictly Canadian operators, as I am self loathing Canadian). Was interesting to see them the only green on my list of weed this week at points. On my radar...
$CHOOF - $ACB has a large stake, MJ play for April before the 4/20
Low float runner could go ballistic to dollars, slingshot daily is now in a confirmed uptrend. Golden cross is imminent.
Entering CHOOF a Canadian cannabis retailer that seems to have a jump on the market and competition in terms of
licenses and locations. And the have the cool factor...
Entering @ .70 at the bottom of an upward sloping channel. I believe we have tree shaking and
share theft going into the final vote for legalization. We could have downside but I believe it can...
