Have we finished the run in the sector?Has the run completed for the cannabis sector and we now enter many days of red going into the summer? Did Supreme miss out on the run up once again? Seeing a sea of red today could just be the beginning of a slow decline towards summer as we have witnessed year after year.
Many companies took advantage of this last run and reached all time highs while Supreme slept through it all.
Will this go down to $1.80 leading up to mid-May and a good earnings report leap this back up to $2.20 which is where we have been stuck at any way?
Once again Supreme does not go along for the ride on the way up with the rest, but it sure goes down with the rest when the market reverses.
I hope I'm wrong but it seems like we missed the sector wide run once again.