Why the Bounce is Back in Auxly Cannabis Group Inc (OTCMKTS:CBWTF) Shares

The path higher has been hampered for Auxly Cannabis Group Inc (OTCMKTS:CBWTF) in recent action, with shares falling back down to retest key support in the $0.55/share area last week. This follows strength over the summer that had rekindled hopes of a coming breakout and some serious catch-up action that would make up for lost ground on a relative basis. However, we may be seeing that hope rekindled once action, given the strong action in the name over recent days. Continue reading “Why the Bounce is Back in Auxly Cannabis Group Inc (OTCMKTS:CBWTF) Shares”

A Fresh Look at Cannabis Wheaton Income Corp (OTCMKTS:CBWTF)

Cannabis Wheaton Income Corp (OTCMKTS:CBWTF) is battling through a corrective process at the moment, bringing key technical support into the picture this week in the $1.50-1.65 zone. CBWTF has already broken down below the important 20-day exponential moving average and the price shelf that has defined the stock’s lows over the past 3 weeks. Below, we have the early January lows around $1.49/share and the rising 50-day simple moving average now at about $1.29/share. Continue reading “A Fresh Look at Cannabis Wheaton Income Corp (OTCMKTS:CBWTF)”