Cannabis stocks have been the talk lately as recreational legalization advances in New York.
Three stocks that look to be nearing support are Tilray Inc. (NASDAQ: TLRY), Canopy Growth Corp. (NASDAQ: CGC) and Aurora Cannabis Inc. (NYSE: ACB).
Tilray Daily Chart Analysis: The stock looks to be in a channel between the price levels of $20 and $35.
The $20 level was a previous resistance that held as support; $35 is a place the stock struggled to break above.
$35 would have to break and hold before the stock may move higher.
The red line and the lows show what technical traders may call a …