Prolonged uptrend is on the way ..................
Post# of 287
Biden launched marijuana reform on October 6 and signed marijuana research bill into law on December 2, 2022, pathing the way to legalization of marijuana use at the Federal level, likely in 2024 or 2025. Investors responded favorably, as the charts formed constructive, bullish pattern, signalling bottom for a prolonged uptrend. Anticipate sharp price spike on that important news.
https://investorshangout.com/images/MYImages/...Odaily.png
Statement from President Biden on Marijuana Reform
https://www.whitehouse.gov/briefing-room/stat...na-reform/
President Biden Signs Bill Clearing the Way for Medical Cannabis Research
https://www.arnoldporter.com/en/perspectives/...s-research
States that legalized marijuana use
https://mjbizdaily.com/map-of-us-marijuana-le...-by-state/
WEED.TO (in Can$)
https://stockcharts.com/h-sc/ui?s=WEED.TO&...0245511112
TLRY.TO (in Can$)
https://stockcharts.com/h-sc/ui?s=TLRY.TO&...2068671235
WEED.NYSE (in US$)
https://stockcharts.com/h-sc/ui?s=CGC&p=W...1545484311
TLRY.NASDAQ (in US$)
https://stockcharts.com/h-sc/ui?s=TLRY&p=...4228182597
Head&Shoulder chart pattern is a frequent occurrence in Nature, it is the most
predictable and reliable chart pattern among all chart formations.
https://investorshangout.com/images/MYImages/...attern.jpg