Canadian CANNAINVESTOR Magazine July / August 2019 | Page 264

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Below you will see the current top 12 companies within the funds:

Not only can you use the glance of all the companies as a reference point to follow up on their news you can also use it to quickly view their corresponding charts to spot for bullish or bearish setups in place. We always recommend that you combine both your fundamental and technical analysis of your investments for the best results. Perhaps one way you can gauge the sentiment of the charts technically speaking if to comb through each one and quickly jot down if it is bullish, neutral, or bearish for your intended trading period. This should be a weighted exercise, of course, giving more weight to the companies at the top of the list accordingly. Let’s say for argument's sake you see Aurora as bearish, you award no points. You see GW pharmaceuticals as neutral, so you award half its weighting so 6.1 (12.19 / 2). And suppose you see Canopy Growth as bullish, you would allocate the full 10.65 points. You repeat this process throughout the list of companies based off of your technical interpretation and then sum up the total weighted number you get. If you end up with a really high number closer to 100 then you are clearly bullish. On the flip side. If you end up with a really low number closer to zero then you would be bearish. This process can also be combined with your fundamental analysis too and then take an average to help yield the best results. Albeit, doing constant rehashes of fundamental analysis may be more time consuming to many of us, part of the reason why we love technical analysis so much.