Thursday, May 11, 2017 10:28:10 PM
WEED REPORT 5/11
Today welcomed a turn-around for the Canadian MJ sector (and a couple Balognas).
1. APHQF closed UP 10% today on almost 500K volume. Was hoping it would touch the 200MA before the bounce at 3.67, but whatever. After the strong run to $6.40 it has tapered off considerably breaching the 50 and eventually the 200 almost.
2. TWMJF closed UP 9.65% today on 474K volume, slowly climbing out of oversold territory and touching the 50MA on the weekly. On watch still...
3. ACBFF recovered to a close of 1.88 after early morning dip up 3%. Was hoping to see it fall to 1.70 before next pop. Getting close I think.
Daily
Weekly
4. SPRWF closed UP 8.7% today at 1.12 on average volume. Trading between the 50 and 200 still. Soon IMO
5. OGRMF closed at 1.98 today on average volume. Weekly chart looks tasty.
6. THCBF a little lessor known Canadian MJ, trading with low volume. Awaiting company updates. Closed at .41 today, close to a double bottom.
7. TBQBF closed UP 9.6% today at .90. Looking for a double / triple bottom at .777.
These are ALL Canadian MJ companies.
Today welcomed a turn-around for the Canadian MJ sector (and a couple Balognas).
1. APHQF closed UP 10% today on almost 500K volume. Was hoping it would touch the 200MA before the bounce at 3.67, but whatever. After the strong run to $6.40 it has tapered off considerably breaching the 50 and eventually the 200 almost.
2. TWMJF closed UP 9.65% today on 474K volume, slowly climbing out of oversold territory and touching the 50MA on the weekly. On watch still...
3. ACBFF recovered to a close of 1.88 after early morning dip up 3%. Was hoping to see it fall to 1.70 before next pop. Getting close I think.
Daily
Weekly
4. SPRWF closed UP 8.7% today at 1.12 on average volume. Trading between the 50 and 200 still. Soon IMO
5. OGRMF closed at 1.98 today on average volume. Weekly chart looks tasty.
6. THCBF a little lessor known Canadian MJ, trading with low volume. Awaiting company updates. Closed at .41 today, close to a double bottom.
7. TBQBF closed UP 9.6% today at .90. Looking for a double / triple bottom at .777.
These are ALL Canadian MJ companies.
Everything posted is only an opinion. Most opinions are based on facts from my caddy.
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