NBEV IGC and ACBFF are 3 plays thats been up on the cbd beverage hype. now cbd drinks seems like its a sub sector in the overall cannabis sector now so i'm long PURA over the weekend. its now on a multimonth breakout over .054 and theyve been putting out alot of PR's lately but the one on friday finally had a good reaction since this company actually has a drink on the shelves unlike NBEV IGC and ACBFF who are just trying to get into the cbd drinks right now. HIPH is another low priced cbd beverage play but has been fading, will look for a day1 bottom confirm on this. DTEA was a 5 ticker, but the SEC got rid of 5 ticker pilot program so i'll look to see the price action on this. TLRY squeezed into the close since shorts probably didnt want to hold over the weekend, but CGC showed weakness and couldnt hold 50. CRON had a day1 bottom bounce. i wouldnt chase IGC up here,so many shorts got smacked on this and into close too, potential short on overextended pops since its had 2 huge green days off the breakout already. only long on potential panic dips especially closer to breakout level. NBEV had a solid day1 bottom bounce on friday squeeze day. potential continuation is 5.25 support can hold.
NXTTF TGODF APHQF CBWTF IGXT MPXEF KSHB are all on day1 bounces, watching these for continuations especially if the leaders can get some strength again. but volume is important for these to stay green... CBDS has yet to put in a day1 bottom bounce but since its here around multi month breakout level support, i'll watch it for a potential day1.
LBUY had a strong day2 and came down from its highs, i wouldnt be long this up here since its still overextended, only looking for a big dip closer to 200dma[1.47]
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