CBIS: Long Breakout

1 มี.ค. 2018

Looking at past Cannabis stocks, I believe that CBIS has the potential for a long term stock breakout. The crossing of an 20 cent price point seems fairly possible, and it may even have a long where it breakouts at around $1 or more dollars depending on political legislature. Also given the current rise in demand and the research as well as history of CBIS, a positive correlation rebound seems possible. This is still a medium to high risk stock pick.