Either this is your fist market correction or you don't own large and mid caps... The largest and most profitable companies in the world are decimated... what makes $VLNCF immune?
Keeping it very real... this is an unproven company in a very fragile speculative arena... a few quarters of growth and revenue doesn't cut it... who knows the impact Carona had on the 420 space?... do you?...
As a matter of fact... I'm surprised we didn't trade down into the $1.20's... from a market standpoint... we are far from being out of the woods...
Golden cross negated... RSI @ 26... any move north from here will be construed as a dead cat bounce until we retrieve back up and hold the $2.00 level...
Until then... we will flounder with the broader market and ETF's...