By Dylan Rogers
Horizon’s Medical Marijuana ETF (TSX:HMMJ)
Horizon’s Medical Marijuana ETF is starting to come off of it’s bottom and for people interested in pot stocks I hope everyone took notice. Investors and traders alike are looking for the various reasons that may have caused them to bottom but I prefer to just let the charts do the talking, as most of the “reasons” is likely no more than “noise”. Here is the HMMJ.to chart that I posted last month for our CannaInvestor readors:
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Technical Analysis of the Canadian Cannabis Market
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Welcome back for another article that is sure to get you high on Technical knowledge. This is my preferred of high, as it can be used to chill you out and make better investment and trading decision in times of volatility such as we have experienced recently.
Before we dive in I would like you to study this graph and tell me what you see:
What do you see?
What trend is evolving here?
… OK, I am just playing with you. That is just picture of some cannabis. If you want to actually study the charts and stop staring at pictures of Marijuana dive in and take notes.