With the entire MJ sector on fire with Democratic leadership for the next four years, JJUPW sure has been lagging quite a bit.
I believe it is ready for its next gap up. Technicals look good and I expect the entire cannabis sector to really heat up until federal legalization- which I see coming in the next two years or so.
JJUPW is an extremely undervalued stock. I'm going long with a limit sell order at $7.50, the previous 3-month resistance. GLTA!
I am not a financial advisor, please make sure to do your own due diligence before investing.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.