Heritage Cannabis Holdings Corp. operates as a holding company. The Company cultivates, sells, and distributes medical cannabis and marijuana. Heritage Cannabis Holdings serves health sector in Canada. – Bloomberg
DAILY
WEEKLY
Symbol: CANN.c
Market Outlook: Taking a look at Heritage Cannabis on the daily and weekly charts volume is very strong in this range, following the trend line key support is currently sitting at 0.125.
Support: $0.125
- 21sma – $0.13 (Daily)
- Key Support – $0.12 (Daily)
Resistance: $0.15 | $0.17 | $0.22
- Upper BB – $0.175
- Long Term Resistance – $0.38 (Daily)
Technicals: CANN is one of our top cannabis picks to watch for 2021, with new legislation soon to be announced in the cannabis sector this company is fundamentally positioned to benefit from this change. All of the key moving averages have made their way below the current share price and have now turned into strong support in this range. We see price action to soon push out of this bullish pennant and make its way to its key resistance.
Sentiment: BULLISH