Last quarter saw pump to 70c then dump back down to low 50s following earnings on a "sell the news" type event. Seems like market makers trying to reduce purchasing power around earnings as earnings continue to blow expectations out of the water. Look for consolidation in wedge pattern for another week before run to 70c. Should consolidate in larger wedge prior to...
TSX:DN Big move coming for Delta 9. Company is so ridiculously undervalued but volume indicating there isn't enough demand (company still relatively small/unknown and in new industry). I am thinking that move may be downwards. Overall cannabis sector looking bearish. Delta 9 rejected off 200 day m.a. multiple times now. 200 day m.a. is set to run into trend line....