Canadian CANNAINVESTOR Magazine October 2017 | Page 237

Wrap it Up

As always, I appreciate any commentary and or questions having to do with technical analysis and would appreciate feedback if one has it (negative or positive). I am reachable on twitter @dyro01676 and occasionally on setyourstop.ca as a contributor there as well. I will end this month’s article by pointing to the series of higher highs and higher lows that have been observed on the Cannabis ETF HMMJ.to. This is a good sign and if this trend continues, traders should look to buy the dips and sell the pops. You gotta love an uptrend in Cannabis stocks!

I am hoping that this article will help spark further technical analysis curiosity and serve you well in your future trading endeavours. Technical analysis is always exciting for any market, but given where we are in regards cannabis, I feel it is ever so important to keep a close eye on technical setups and prepare accordingly.

If you have any stocks or technical analysis topics you would like to cover for

our next issue please reach out to me on Twitter @rhum01

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