I took a position in CRON yesterday afternoon at $19.02. Today it went as high as $20.32. I knew profit taking would be happening so I set a stop loss at $19.59. I made sure to at least take a 3% profit on the trade. Pre-market CRON is priced at $20.01. These cannabis stocks are quick to cut both ways. no one ever lost money taking a profit.
IQ is the Chinese equivalent to Netflix in the US. On Monday I took a position at $17.70. IQ picked up steam this week moving up almost 14%. As the week progressed my stop loss was raised with the increase in price. On Friday I was stopped out at $19.29 for a 9% profit.