The price for natural gas is ready to tackle $3.40 from a purely technical perspective. Fundamentally the market will not be able to get rid of the oversupply in contrast to the longer-term sinking demand.
Rarely do you find a liquid market that trades clean, is in a trend and has a fundamental story that supports long-term direction. In market participation, just one element being tricky can destroy your profitability.
The Valens Company Inc. is a global leader in the end-to-end development and manufacturing of innovative, cannabinoid-based products and a constituent in the Pure-Play Pot Stock Index and it reported its Q4, 2020, financials yesterday.
The Pure-Play Pot Stock Index is down 3.5% so far this week after having taken a rest last week (+0.56%) following a 25.6% advance during the previous 2 weeks.