Buy the dip. Just wait for that buy signal to fire and go long. Additional confirmation is the macd cross while stock stays above 200ema. Cheers! Grow! “In forest ecology, canopy also refers to the upper layer or habitat zone, formed by mature tree crowns.”
WM Holding Company, LLC, the Leading Technology Platform to the Cannabis Industry, to List on Nasdaq Through Merger With Silver Spike Acquisition Corp. The estimated post transaction equity value of the combined Company is approximately $1.5 billion, assuming the $10.00 per share PIPE price and no redemptions by Silver Spike shareholders and provides up to $575...
Looking to fill the lower GAP as well as retest lows. If it can maintain support at that level, might see a nice move to the top.
Like how CGC is Reacting to Markets Crazy violent moves it is doing fine consolidating holding support of 20 ema while it hasn't found the volume to breakthrough the shorter resistance and hold there is strong support and no one bailing no mater what traders are doing i feel it should do well into earnings. as far as earnings they will not be looking so much at...
Will be opening long positions on the cannabis ETF alternative Harvest. (MJ) Weekly is compressing for momentum shift to the buyers. This is a 3day, right on the money crossover. Good risk to reward. I like it.
Following this count from November twitter.com
Hey there Traders, Attached is my prediction for $WEED over the course of 2020, There was a lot of sell pressure in 2019 that has cooled off over the past few weeks. I assume the cool off phase/re-accumulation zone will continue for the first half of 2020 followed by a bullish climb near the 2nd half of 2020
WeedMD should recover after almost 1year long downtrend, despite drop in sales they are shortly after harvest, I suspect lots of new buds are already in curing, soon ready for sales. On the top of that lfpress.com This price range looks like great entry for long term position, however short term rapid recovery would be well deserved.
Looks like Tilray still has room to fall? Not much support has been built up at current level and there is a gap to fill?
Cannabis stocks have the possibility to move a lot in a short period of time, as regulatory changes on whims have huge impact on the market size to which Cannabis companies can sell their products. Although our stance is that the cannabis industry is likely to become even more volatile as more regulatory developments and sector-wide shake-outs leave only the...
Big move to either or the circled areas expected after hours let us see
Hello traders, Looking at the daily chart for marijuana stock, WEED, we see that bulls are started to do profit taking. As a matter of fact, we see majority of marijuana stocks (CRON, N, ACB, APHA) just reached temporary top and looking to consolidate in next few days/weeks. What I want you to notice is that marijuana stock and bitcoin has inverse relation,...
Canopy Growth Corp. has been ascending on descending volume . That is a bearish sentiment. This bull run will come to an end shortly and a more bearish sentiment will take form. The chart follows the bearish sentiment that is seen across the market.
IG: @BULLRINGANALYSIS Tlry is a very interesting pick here. Early stages of company growth but, descending triangle pattern is meeting major resistance level. Bullish signal from this pick, but could be interesting to see what happens at this intersection point. RSI is also in interesting position for growth as well. not financial advice