CAN 2.56% 3.8¢ cann group limited

I can’t speak for what day traders will do and I’m always a bit...

  1. 53 Posts.
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    I can’t speak for what day traders will do and I’m always a bit skeptical about technical analysis unless there’s a lot of evidence behind it, but buy side is cooling off quick and sellers are building.

    I put a lot more faith in fundamental analysis, and on that front nothing much has changed at Cann since last week. They had a preliminary meeting with their largest shareholder about a possible transaction - that’s all. Everything else is rumour and blind speculation. If you believe that meeting raised Cann Group’s value by $70 million then call it a buy and I wish you luck.
 
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