TER Stock: Technical Indicators Are in Bullish Alignment
2017 was an incredible year for marijuana stocks, as the entire sector moved higher. The rising tide that was responsible for lifting the sector has now gone out, and as a result, the entire sector is going through a painful price correction.
During times of duress, many investors seek a catalyst that will give their sector a bump. Most of the time, this catalyst is just based on hope. As a result, nothing ever comes of it. In this case, the retail investors I have spoken to continue to use marijuana legalization set for July as a catalyst.
This date is fast approaching. Whether or not it will act as a catalyst that.
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2017 was an incredible year for marijuana stocks, as the entire sector moved higher. The rising tide that was responsible for lifting the sector has now gone out, and as a result, the entire sector is going through a painful price correction.
During times of duress, many investors seek a catalyst that will give their sector a bump. Most of the time, this catalyst is just based on hope. As a result, nothing ever comes of it. In this case, the retail investors I have spoken to continue to use marijuana legalization set for July as a catalyst.
This date is fast approaching. Whether or not it will act as a catalyst that.
Den vollständigen Artikel lesen ...