RE:RE:RE:Good sell yesterday!!!Rocket,
Ordinarily I would agree with you as you’re correct in that is the way things usually go under these kinds of circumstances... big jump up over short period of time based on some form of good news (Earnings in this case) followed by retracement, consolidation for a few days/weeks and then on to the next leg up. But CURA has really no resistance to moving higher right away, as evidenced by the strong green close on a very red day. This stock is in the midst of a textbook blue sky breakout. I’m not selling a single share.... this one still has plenty of room to run before it corrects and consolidation settles in... I believe we will see sustained SP growth continue for the near term at least.
But as always... please do your own DD... don’t just take my word for it. Good article below, for what it’s worth... I realize the source isn’t the highest quality... but I agree with the assessment based on my own DD of this company.
https://www.potnetwork.com/news/curaleaf-holdings-why-their-star-continues-shine quote=rocketjsquirrel]Sampic:
Disagree. It is NOT time to get back in. Even when the banking bill passes, the 'pop' up will be short lived, maybe some want to trade it----not me.. This stock is on retracement path downward to fill in the gap. You want to get out and think about getting back in at around 7.00 to 7.40, US. This is the approach I have suggested here for a number of days now. Anyone buying in between 9 and 10 US will be holding a bag for quite a while, unless a major deal comes Curaleaf's way in the very near term. Stock is still overpriced
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