Noticing money starting to flow into weed stocks
lots of these are starting to move of lows ,some of descending triangles with certain volume signatures.
Not just the ASX but also canada and the US.
The ones with decent cash and minimal debt showing earnings away from the growers are the ones i like.
Early days but 2 have some major FA catalysts ahead of them in 2020 which should provide plenty of news flow.
One in particular sits around 7c with incentives sitting at 20c and the person leading the four trials just converted 200k worth of options and gets a nice chunk of a payday if the SP sits above 20c for 5 consecutive days.
Most dismiss moves out of descending triangles but it can be powerful at times.
MDC is one i like moving of lows with some decent FA for 2020 the other ....is this one.......pls view this as complete dribble.
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