June 29-July 01
Cannabis stocks slipped again on very low volume, as 71% of the companies fell in price. There were 8 double-digit percentage gainers and 5 double-digit percentage losers. Volume was anemic, as stocks with volume above the 30-day average fell to 11% from 23%, with just 3 stocks trading over $5mm in value. 6 of the 10 highest dollar-volume stocks rose in price.
Zoned Properties (ZDPY) extended its bounce from its big decline from Friday and Monday, though volume dropped. DirectView Holdings (DIRV) improved for the second consecutive day, with volume jumping. Triton Distribution Systems (TTDZ), soon to become Green Cures, moved to a new high, with volume increasing. Vapor Group (SPLI) tested support early in the day and bounced sharply, with volume dropping.
U.S. Energy Initiatives (USEI) dropped from the open and never recovered, with volume tapering off. Viking Minerals (VKML) closed near the bottom of the 4-day trading range, with volume jumping. PotNetwork420.com (UTRM) also fell on higher volume. Minerco Resources (MINE) broke the 10dma on relatively flat volume.
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