The charts of the retailer of hydroponic products have improved over the last few months.
I see an opportunity in Hydrofarm Holdings.
Let's check out the charts of the hydroponics supplier.
It's not the multistate operators, but the single-state ones that are where the cool kids are hanging out.
However, a key chart of the producer of beer, wine and spirits indicates the strength of the uptrend could be weakening.
The best momentum on my screens right now are the U.S. cannabis plays that are referred to as Multi-State Operators.
Many believe that cannabis could eventually be treated much the same as tobacco or alcohol.
The data estimates that the U.S. cannabis market will reach $28 billion in sales by 2022.
I'm a put seller of VFF here.
No one likes seeing a name they hold decline in value.