Cramer pointed out an ascending triangle pattern in GW Pharma's weekly chart, which measures the stock's price movement over a week-long period. That particular pattern, which is made up of a series of higher lows and relatively similar highs, typically tells a bullish tale.
He noted that GW Pharma does not see itself as a cannabis play, but investors see it as such because its products are inspired by the plant. "I have been a fan of GW Pharma for a long time. A lot of that is because you can dose it. You can't dose regular pot." Cramer said. "The stock has had a monster run." Cramer said. The stock has climbed nearly 90% so far this year.
Collins, Cramer said, is arguing that the stock could be able to surge to $200 if the share price ends the week above $180. It closed Tuesday at $184. If the stock instead falls under $160, then forget about it. "I think you should stick with Canopy Growth, and Collins believes that GW Pharma is the best bet out there," the host said.Get his full insightChinese Vice Premier Liu He , US Treasury Secretary Steven Mnuchin and Trade Representative Robert Lighthizer pose before they proceed to their meeting at the Diaoyutai State Guesthouse in Beijing on May 1, 2019.
Oils and concentrates are the future of cannabis. $LABS is well ahead of the global market. MediPharmLabs got start up of the year last year, and is carrying that momentum so hard at such a good share price. BUY AND HODL!
they are three that bear record on Earth and they agree as one
Horrible segment. Cramer is clueless on Cannabis.
You must be kidding, people are going to grow their own. FACT
Coors cannabis JV partner HEXO now the 6th largest producer.
Let's go Notis Global formerly known as Medbox. Partnership with Mile High is huge and the next 2 or 3 quarters will be game changers with $ngbl latest 8k.
jimcramer So you're high, on those stocks ?
Check out $MDCL
If you keeping your hardly earned crypto currency on exchange or online, you are playing a dangerous game. If you like to sleep well and not to worry , get a Ledger Nano X now at discounted price.
If Cramer is buying, it's time to sell.
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