Question for Martial ArtsMy apologies for using the ACB forum, I'm long ACB btw.
MA : I am grateful for the technical and factual investing guidance you share with the board. I have long term stock investments and dabble in day trading sometimes as I don't really read the charts. I survive just analyzing financial statements and ratios as I am a professional accountant by trade.
I accept that the valuations for MJ stocks do not fall within normal metrics (I.e. p/b,EBITDA,etc) as the sector is in its infancy....still lots of growth ahead.
This brings me to the question I hope you will find the time to answer: Have you looked at the trading opportunities in the oil sector? It's a beaten down sectors with giveaway valuations. I tried to day trade CPG and WCP but I found it's full of shorts and hard to predict price movements. Do you have technical insights you can share?
Thank you kindly.