New York, NY -- October 9, 2019 -- InvestorsHub NewsWire -- via NextBigTicker.com
Puration, Inc. (PURA) is trending VERY BULLISH today as reported by Stock Technical Analysis (stockta.com/PURA). AmericanBulls (americanbulls.com/PURA) is also reporting a BULLISH trend for PURA –“The market is finally giving hints of a bullish resurgence. Today a bullish pattern is detected.”
After a strong Bull Run that ran PURA from under $0.05 to over $0.09 in the last two weeks of September stalled after a 15 million some odd estimated short position set in, the stock has held up and is currently trading between $0.06 and $0.07. On October 17, 2019, Canada enters Cannabis 2.0 with the legalization of edibles and beverages anticipated to kick the cannabis sector back into high gear. PURA looks ready to seize that opportunity. The company has beverage industry news scheduled for tomorrow and that news could re-trigger PURA’s bull run. PURA has a research analyst report recommending a speculative BUY and a $0.35 PPS, and the news tomorrow could be the beginning of PURA’s climb back to its $0.25 52 week high and beyond to the analyst recommended $0.35.
Other cannabis sector stocks to watch with the coming Cannabis 2.0 include Hemp, Inc. (HEMP), Rocky Mountain High Brands, Inc. (RMHB) and Kali-Extracts, Inc. (KALY).
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