For long term investors this is a decent place to enter and hold. Cronos is a great stock to sell covered calls against as the call premiums are high. Sell calls 2-6 weeks out of the money and collect the income until you get called. Strong cash position to endure the research and development strategy of Cronos. Doesn't hurt to have Marlboro (Altria - ticker MO) as a 45% stakeholder.
CRON have bullish divergence on the RSI and price rounding 2019 to 2020. Will rounding 2020 to 2021 start a new leg up?
CRON have bullish divergence on the RSI and price rounding 2019 to 2020. Will rounding 2020 to 2021 start a new leg up?