Riocan's share price has taken a huge hit due to COVID-19, but their business is still mostly intact. Many of its tenants are essential businesses (ex. Canadian Tire, LCBO, TD, etc.) which means Ricocan still has a reliable income. Although only about half of the tenants have paid their rent, with Phase 2 starting more of the tenants will be able to pay their rent...
ACB has had a tough time lately along with the entire cannabis sector, but things are looking good going into 2020. ACB has just hit a critical support level and has shown a slight bullish trend. The previous drastic price movements were largely due to hype as the company was still stabilizing, but now they've been in the game for a while and are ready to make...
IFRX has just touched a semi-stable horizontal support and may bounce up or perhaps dip down to the underlying support and then rebound. Keep a close eye on this one.
ACB has just touched a well tested resistance and will most likely go down and hit the support before breaking the wedge pattern and continue rising. It may hit the resistance again before it breaks the wedge pattern.
