Some Cannabis Stocks seemed to potentially have found a bottom today, what do you guys think?

in #cannabis6 years ago

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We've been getting pummeled in these cannabis stocks lately. GTBIF has fallen from over $24 down to under $15. I'm thinking it is going to be a buy here soon, as it was super bullish going up, with very heavy volume, and there is no volume on this bearish movement. Aphria has fallen quite a ways and made a nice rebound today, potentially giving us a bottom, but it is difficult for me to tell. TRTC bounced really hard again today after bleeding out for many days in a row.

We saw Aurora cannabis register with the NYSE, but the price of the stock not really react much to that news. I found that interesting because when I read that news Monday night, I was pretty sure we'd see some kind of reaction in price, but nothing.

We've got Legalization in Canada about to happen, what do you guys think is going to happen with the market from here? Are we gonna tank or moon?

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