Hope everyone had a great Thanksgiving. We are almost at the end of year. What a crazy year 2020 has been. Can’t believe Christmas is just around the corner.
Cannabis stocks are going to be the focus for this week as there will be a Congressional vote next week regarding federal legalization of marijuana. If the vote fails, I expect the stocks to fall so please be careful and watch your investments. As always, this is a watchlist, not a shopping list.
$ACB – Tight consolidation after bull run and broke out recently due to some news about legalization.
$CGC – Previous resistance broken, new uptrend after consolidation.
$TLRY – Broke out this falling wedge with good news about legalization.
We are also keeping an eye on these other tickers for movement