CRON Make or Break!
Crypto Crusader here with an extremely speculative pick, a weed stock, to be exact Cronos Group.
I don't have the time to discuss a more detailed analysis, but I'll post this chart to explain my thinking regarding technicals.
In regards to fundamentals, Altria (the maker of Marlboro) owns just under 50% of Cronos Group. You have to wonder, the maker of the worlds most popular cigarettes (regardless of tobacco being an addictive substance) must have a top notch marketing team behind them. They have billions of dollars, and it's in their best interest to see their investments profit. I'm sure they have a plan for Cronos. This is going to be almost purely speculative as a short / medium term investment, I would expect 50%+- swings in either direction. My entry was around $7.5, lets see how high this stonnkk can go!
May the trading God's be in your favor!
Crypto Crusader
I don't have the time to discuss a more detailed analysis, but I'll post this chart to explain my thinking regarding technicals.
In regards to fundamentals, Altria (the maker of Marlboro) owns just under 50% of Cronos Group. You have to wonder, the maker of the worlds most popular cigarettes (regardless of tobacco being an addictive substance) must have a top notch marketing team behind them. They have billions of dollars, and it's in their best interest to see their investments profit. I'm sure they have a plan for Cronos. This is going to be almost purely speculative as a short / medium term investment, I would expect 50%+- swings in either direction. My entry was around $7.5, lets see how high this stonnkk can go!
May the trading God's be in your favor!
Crypto Crusader
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.