Tjust .11 cents from all-time low. Huge bearish sentiment. Pot stocks tanking today... After another case of FOMO and Rational Exuberance by the dolt retailers who chased all the pot stocks up just prior to the House vote on legalization of pot..
Now,down they go..TLRY down to $8.22 today---after a GAP UP opening yesterday on earnings. LET it be a Warning
GAP UPS are for selling---and GAPS are often filled, which is the case with TLRY...
As for the darling HEXO, I expect a merger with TLRY or some sort of reverse split by July (Next earnings.)
HeXO will likely run up again to .90 to .94 cents in the next three months. HEXO is testing the bottom right now. So, savvy investors will load up "NOW"---just look at a chart on the daily. time frame.
You require a bullish crossover on the MA 10 and MA20
and a MADC crossover.
Ride this BEEE-acth up again.