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Re: JohnCM post# 426

Tuesday, 12/04/2018 1:38:46 AM

Tuesday, December 04, 2018 1:38:46 AM

Post# of 1951
It's funny you sent me that chart because earlier today I was gonna send you a different MJ ETF that shows a similar pattern...

https://www.marketwatch.com/investing/fund/hmlsf

If you click on 3 months you will see it is pretty much doing the same thing.

Eventually the triangle will get small enough as it converges that price will either break out to the upside or break down to the downside. Anybody's guess at this point which way it will go.

As far as some of these Canuck stocks have dropped from their pre-crash highs they can still go a lot lower. Some folks simply refuse to believe that...most of them are too young to remember the dot-com boom/bust in the late 90s. Seems every generation has to learn the hard way!

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