Weed/CBD stocks on another bull run from last week. $BCCI had news that it will have advertisement during the superbowl. $CRON has been on a tear making new highs, and $APHA and $ACB Canada's big pot producers have reversed exploding upwards. Smaller cap stocks could move in sympathy or spike on news of a well timed press release this week.
$JVA-This coffee producer which has decent financials recently spiked and is a multi-year breakout on news it was looking into CBD with their coffee. The stock has multi-day resistance at 6.33. It is a low-float stock. I'm looking for a breakout above 6.33 with a price target between 7-8. This stock could run, considering the hype that $BCCI might bring to coffee companies for CBD.
$CRON- Had a huge runup making new highs every day. I think the stock is over extended now. Citron let the world know on Friday they are shorting it due to fundamentals. Looking for a pattern to short. Possibly Monday we'll get a double top and first red day.
$NBEV- Moving for the most part with $CRON. Looking to short as this stock swings. Multi-week-month resistance in the mid 7s. Long above 7.50
$ADIL- Multi-Day week runner. Currently I have a small position and am long this stock overnight. Bullish pattern closing near HOD on Friday. CEO interviews and news broadcasts over the weekend. Is touting its opiod/alchohol addiction drug.
$TMSR -Huge momentum spiker/supernova from the 3s to the 9s back to the 5s on Friday on high volume with no news. Looking to take a small short position if we can get a bounce and can find shares to short.
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