/biz/ - Business & Finance

>>12614290

If past behaviour on the dude weed is anything to go on, it'll retrace 25% in as little as a single day, bear trap back about half of that or possibly go straight back to a double top, 50%+ crash, consolidate, and resume.

The dude weed isn't losing top meme stock sector ranking any time soon. After the violent dumpening that's coming it'll rise again, and again, and so on. I think the next US federal election will have several candidates in the primaries running with federal legalization included in their platform. Doesn't even matter if they win, so long as it FEELS like the ball is rolling down hill towards fed legal during the campaign season, it will be enough to fuel more speculative bubbling.