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
Welcome back to another edition of our technical and charting analysis. Summer is really heating up. It is very hot out there. Plenty of record hh temperatures being met across the globe… oh and the cannabis space is well is heating up with plenty of excitement and anticipate as Canada becomes just months out from rolling out recreational marijuana. In the United States, we have plenty of speculation that President Donald Trump supports a bill that would return decision-making on marijuana laws to an individual state. This would be considered optimistic news within the cannabis sector if this passes. Regardless of the news in politics. Let's take a moment to focus on what is technically happening in the sector right now. Sit back, relax, and enjoy!
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