Aleafia Health Inc. (TSXV: ALEF) (OTCQX: ALEAF) - Bull Pennant Breakout - The Cannabis Investor
Sep 10
Source: Barchart

Aleafia Health Inc. (TSXV: ALEF) (OTCQX: ALEAF) – Bull Pennant Breakout

Aleafia Health Inc. (TSXV: ALEF) (OTCQX: ALEAF) – Bull Pennant Breakout
 
Shares of ALEF broke out of their recent bull pennant formation on a significant increase in volume.
 
ALEF closed trading today at $1.20 per share with over 4.5m shares traded.
 
With a market cap of roughly $150m ALEF remains one of the top value plays in the entire Cannabis market.
 
ALEF recently delivered solid financials without even having their Cannabis sales license. On September 4th ALEF announced they officially received their sales license and today they announced their first Cannabis sales to CannTrust Holdings (TSX: TRST).
 
We expect ALEF to continue strengthening their financials and the stock to respond accordingly. Interested investors should move ALEF to the top of their watchlist and start their due diligence immediately.
 

Best of luck to you all and happy trading.

Ryan Troup

Editor in Chief

The Cannabis Investor.ca

 

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Chart source: Barchart

 

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About The Author

Ryan Troup is the Editor in Chief of The Cannabis Investor. Ryan has 15+ years of investing experience. Twitter | Email