RE:RE:RE:Morning gap. :)Duediligence33 wrote: Listen to the Bozos Canopy is in a Downtrend since Feb 1r a d short term better to have cash and wait for lower prices The U.N. treaty has to be resolved by July and that is when I will buy. If the longs choose to hold that is ok if you can handle the pain but the move was to sell over $ 11 and then buy more shares lower as we have seen keeps going. Yesterday was a one day wonder bull short squeeze played while the trend is still down. We are now below the 200 mda of $8.27 and lower Bollinger Band. Listen to Chart Man Dan later this weekend for a professkonal update. I am not sure the exact bottom but CAPITULATION has not has not yet occurred as there are still too many bulls convinced of higher prices.
I suspect that capitualtion will occur for the entire sector ,should the Feds announce a delay to legalization.I also expect that they will ,as a way to resolve the UN traeties and give the provinces time to organize and implement legalization.