Very few catalysts. Current federal government unfriendly to private sector and have recently announced plans for additional taxes on cannabis production revenues. Provinces are also piling on additional taxes of their own. Regulators seem focused on tax grab as provincial and federal governments face mounting public criticism of large accumulation of debt....
Ready to run after a higher low?
Setup looking interesting. Wait for confirmation.
$EMH was a beast during the DEC 2017 run-up. Since then it's been plagued with insider selling and poor financials. It's failed to rally with the sector, and doesn't seem to have found it's bottom.
Closed looking like it wants more.
Hammer on big volume last Friday followed by a lower volume back test of the support line.
This article" equity.guru and upcoming financials could be the catalysts needed to get $TGIF back on top of it's moving averages.
On watch for breakout with volume.
Watching for a buying opportunity in the $13 range, with a target of $27