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 to 2018 and fresh crops of gains to harvest. I am going to make the assumption that your new year's resolution is to become more acquainted with the charts and familiar with some of the technical tools readily available to you. For those of you committed; great! Let’s buckle up and get ready to make our portfolios as high as kite. For those of you that chose something else as a resolution you should be ashamed of yourself. Just kidding. Perhaps you could multitask or maybe just ditch that other resolution you were thinking of anyways, it’s just a fad. This resolution of fine tuning your charting skills is sure to pay off.
Let's start this year off by examining some companies that have and are having some great success and others the appear to be setting up for a great year. We will touch base on some charting techniques and other technical aspects that I suggest you add to your toolbelt for 2018. To kick this year off we will add a bit more fundamental flare to our approach than in past editions. Without further adieu, let’s kick this off this year on a high note.