This chart looks amazing
If you look at APH.V it just keeps going up... Maybe a week of sideways consolidation max in the past 6 months...
I agree with you that the American Pot stocks (pump n dump, hey not complaining I made good money there) are done but I think this Canadian sector is an entirely different animal...
I think maybe a week of opportunity to add positions in all these Canadian LPs. To be honest APH.V and MT.V look the best, then CGC.TO is right there with it, and OGI.V just because they made a deal with Trailer Park Boys and it's my favorite show. I'll buy all 4 very soon, I hope we get a decent sideways pullback this week so I can enter lower.
I usually trade only on breakouts but I am so confident with these things I'm going to buy and hold. Legalization in 2017 are you kidding? These things are 3-5 baggers in 2017 and maybe 10 baggers by 2018.
I've never seen such bullish charts...
My Portfolio will be 100% these in the next few weeks after sideways consolidation:
MT.V - MQTRF
SPRWF
APH.V - APHQF
CGC.TO - TWMJF
OGI.V - OGRMF