WEED stocks trades ideas

We will avoid the puns for this one… they’ve been overdone by now.

Aurora Cannabis Inc.

ACB – Enter on a break above $13.73 with a stop loss at $12.53, and a target price around/below $25.00.

Aphria Inc.

APHA – Enter on a break above $4.64 with a stop loss at $4.11, and a target price around/below $6.00.

Canopy Rivers Inc.

CNPOF – Enter on a break above $0.88 with a stop loss at $0.75, and a target price around/below $1.30.

Canopy Growth Corp.

CGC – Enter on a break above $18.37 with a stop loss at $16.50, and a target price around/below $25.00.

Cronos Group Inc.

CRON – Enter on a break above $6.92 with a stop loss at $6.20, and a target price around/below $10.50.

Greenlane Holdings Inc.

GNLN – Enter on a break above $3.82 with a stop loss at $3.26, and a target price around/below $6.00.

Happiness Biotech Group Ltd

HAPP – Enter on a break above $2.95 with a stop loss at $2.47, and a target price around/below $3.68.

Hexo Corp.

HEXO – Enter on a break above $0.80 with a stop loss at $0.70, and a target price around/below $1.60.

*Please note that these trade ideas form part of a larger weekly plan and the value of financial products can increase as well as decrease over time, depending on the value of the underlying securities and market conditions. The risk of loss arising from trading in Contracts for Difference can be substantial. You should carefully consider whether such investments are suitable for you in the light of your circumstances and financial resources.

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Markets change all the time. New fundamental drivers emerge, technical setups mature or fail and our trading plan must adjust in order to keep up with the ever changing environment. Every week we highlight some of the trade ideas that are generated within our client community so that you can stay on top of what we're looking out for and planning to trade at the beginning of each week. 

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