Aurora Cannabis earnings, what does the after-market price action on the NYSE suggest for tomorrow?
Will cannabis stocks continue to pull back? How far of a pullback is healthy? How far is ‘too much’
Do we remain in bull territory, or is this pullback compromising that?
My personal opinion is that this pullback is apart of a longer term healthy bull trend.
The majority of cannabis stocks continued the cool off, seeing red across the greater sector. In the video we talk about the general cannabis market direction using the Horizons Marijuana Life Sciences ETF.
Charts reviewed in today’s video:
Horizons Marijuana Life Sciences ETF (HMMJ)
Aurora Cannabis (ACB)
Canopy Growth Corporation (CGC, WEED)
48North Cannabis Corporation (NRTH)
Medipharm Labs (LABS)
Disclaimer: Investing in the stock market is risky and should be completed through a professional financial advisor / firm. These videos are for entertainment purposes only