In my opinion SMG is under the radar and an extremely strong buy for the longer term. The new stay-at-home economy and the rise of marijuana industry are big bullish tailwinds for SMG. And just look at that chart - up and to the right!
Hoping the weakness in the short term continues so I can enter a position.
Buy Targets:
Average in at $115 (lighter)
Establish larger core position near $100
Possibility of $80ish on a capitulation / double bottom: slam it!
Sell Target $200 in 2-3 years
Hoping the weakness in the short term continues so I can enter a position.
Buy Targets:
Average in at $115 (lighter)
Establish larger core position near $100
Possibility of $80ish on a capitulation / double bottom: slam it!
Sell Target $200 in 2-3 years