Chart - SCU

Not only is SCU technically attractive right now as it's trading at it's long term trendline and trading at the almighty 200 dma, we also have price memory for technical traders (moving 1500%+ in a day). we also saw the balance sheet turn attractive which has it's weight on sentiment.

(pros)

1.If major indices continue rising this will be extremely favourable for SCU as weight could have capital flows into SCU
2.The stock is at support and it's long term trendline supported by it's 200 DMA (highly supported area)
3. Raise went to soph's, pros have dollars to stack the bid. (they don't like to lose money)
4.SCU is considered a cannabis stock and sentiment is bullish in this sector.
5.Market cap is small relative to others

A few cons to consider

1. Major indices pulling back will have it's weight in sectors(outflow of capital from markets)
2. The revenue is unstainable on the balance sheet (strong fluctuations)
3.1.6c is a possibility if 1.8c breaks support.

apart from that there is great risk/reward from this point. 2.3c first target followed by 2.5c when we clear 2.5c it's game on.

Daily chart below: