SLEEKSCAPE'S 2022 CANNABIS & MARIJUANA MANIA GRAND SALAMI -- PART II

[sleekscape]

All 4 stocks are now trading above their 50 Day Moving Averages

Nothing to get too excited about yet, but the first 2 weeks of trading in 2020 look quite different from the last 2 weeks in 2019

Here are the 4 charts — note the failure to penetrate the 50 day moving averages during the final 6 months of 2019


CANB:

http://schrts.co/gryhTTsj


VATE:

http://schrts.co/mEXTyuHS


KGKG:

http://schrts.co/nSJpmEwI


SIPC:

http://schrts.co/Kumxnxdy


Sleek

We are only 14 days into 2020...

And we are very much on schedule for Q1 2020 to be a time of significant warming for Pure CBD stocks

That being said, perspective is key

Here is how I view things:

Day to day trading action is meaningless

Week to week trading is a bit more meaningful, but even 5 trading days is a very brief moment in time not necessarily worthy of comparison

Month to month trading is what I’m most focused on right now

We don’t have a full month in 2020 yet

However, the difference between the trading action in December 2019 and January 2020 thus far is measurable

VATE, KGKG and SIPC have all broken to the upside of their 50 day moving averages for the first time in 6 months

And CANB appears to be on its way to doing so as well