However, what I have noticed is this is often typical with pinchers as a certain group of traders have achieved their goal and exit the stock. Often the stock then consolidates and moves up continuing the pinch.
I hope this is the case with TRTC as revenues should be good (but not earnings)and alcohol is starting to enter the MJ market with the parent of Corona (Constellation Brands) taking a 9.9% position in a Canadian canabus company (Canopy).
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.