RE:RE:Marijuana Stocks Technical Analysis Chart 4/28/2018
How did you get the video to automatically play? I had to turn down my speakers, I wasn't expecting it to play automatically. You certainly are full of tricks and I can see why you ended up on my ignore list in the past!
Since nobody has commented on Dan's analysis except you, I will.
1. The weekly charts are favoring a resurgence of the bulls in this sector. If you haven't sold ACB, don't sell now but when it gets overbought, remember this is a trading stock. If you are a long term investor, just buy and hold and ignore the traders here. How many posts charts and discuss trading strategies? Very few.
2. As a trade, CRON and WEED are the leaders, APH and ACB are the laggards on the technical side but I do agree to also disagree with Dan in that APH is showing a possible reversal.
If CRON, WEED and APH turn bullish, that will help ACB turn around.
So I'll side on your side in regards to APH. It has a better potential to run short term unless there is news or renewed manipulation.
Longer term, I do understand why investors are bullish on APH. It's all relating to how fast Aurora is growing. The expensive greenhouses on leased land is a huge concern going forward on the longer term but I see the "growth by acquisition" machines no where close to stopping.