Four Cannabis And Health Stocks To Watch

Photographer: James MacDonald/BloombergGetty

Health and cannabis names top our list of stocks to watch today.

Amarin Corporation plc (AMRN) popped $1.12 to $15.03 Wednesday on 13.8 million shares, more than 1 1/2 times its average volume.  The move followed a J.P. Morgan Healthcare conference presentation by the company, which markets a purified fish-oil pill. The stock took out the declining tops line and reached resistance at $15.80 before backing off.  Next targets are $17 and then $19.

Aphria Inc. (APHA) gained 46 cents to $6.79 on 7.2 million shares Wednesday on no news.  The cannabis stock popped across resistance, getting to as high as $6.90, important resistance from its gap down in early December.  A move to fill that gap would get the stock to $7.75-$8.00, our next target.

Canopy Growth Corporation (CGC) jumped $3.96 to $33.60 on nearly 17 million shares, the biggest volume in two months, after positive remarks

... read more at: https://www.forbes.com/sites/greatspeculations/2019/01/11/4-cannabis-health-stocks-to-watch/

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