[Chart Of The Week] Smoke 'Em If You Got 'Em

JC Parets
February 9, 2021

We like buying stocks that are breaking out of bases, regardless of what sector they're a part of.

But when you combine a emerging leadership with these base breakouts, now you have a smokin' combination!

That's exactly what's happening in the Pot space. Make sure to check out our latest on Marijuana Stocks here.

But today it's the Cresco Labs that has my attention. 

You can smoke the flower. Sneak around with your vape pens. Use the lotions. Chew on the gummies. Whatever you're into, Cresco Labs has got you covered!

If this mid-cap pot stock $CRLBF is above those 2019 highs we want to be long with a target of 22.

This offers us a favorable risk vs reward proposition with well-defined risk parameters and exponentially great profit potential.

That's the kind of thing we like around here.

JC

 

 

Filed Under: