ACB announce on Monday 10:30 am the report for the latest quarter. Canopy announced the Constellation deal at the same time when the market was open. The hole market will see a Green Day tomorrow Have fun
Dear Traders, I've been fan of Kalytera for quite some while due to their future potential. Kalytera Therapeutics Inc is engaged in the development of a next generation of cannabinoid therapeutics. The company is developing CBD formulations and prodrugs to target specific disease sites within the body. This Company develops cannabinoid (CBD) therapeutics for a...
Dear Traders, Namaste CEO gave a live interview yesterday evening during which he shared his future plans and vision for the company and it all sounded very promising. Looking at the chart of Namaste, I can see a bullish divergence which occurred when the stock reversed. The price action is now above the 100 ma (which is now support) and under the 200 ma (which...
Dear Traders, Medipharm had some nice activity news wise this month and traders are buying again. All I can see on the daily chart is that we are above the 50 RSI, which is bullish, on the hourly chart we are touching the 100 ma which will define if this is a reversal or not. If we succeed in holding above 1.60 then this could be a very good swing trade. I...
Dear Traders, Another stock i'll keep my eyes on this week is ICC Labs, they announced Shareholder Approval of Arrangement With Aurora Cannabis. Buy volume went up yesterday and there is plenty of ingredients here telling me it might go higher. There is some resistance but with a higher buy volume we should be able to break through it and see a new ATH! About...
Dear Traders, We finally see some movement on KALY yesterday, this stock was forming a huge bullish divergence and I was just waiting for spike in volume to confirm this, and here it is. Im expecting Kaly to make a nice run due to good news and also due to the longterm potential this stock offers. I'm in at 0.110 and another entry at 0.095 to average down. Let's...
Big move today following a tweet buy President Trump that he has accepted the resignation of Attorney General Jeff Sessions twitter.com This came after a clear hourly bear break across the sector singling some daily consolidation was coming, but this breaking news clearly sidetracked that plan and delayed consolidation for at least a little while. I am closely...
ACB gapped up over the key resistance and saw profit taking, fighting back throughout the day to climb to a new high of day. Levels I'm watching S: 9.07 R: 9.88
Dear Traders, In my opinion Khiron (great long term hold btw) is about to make a bullish Divergence. We will see a lower low with a bounce off, where as the rsi will have created a lower low. Wait for a higher buying vol for confirmation, I'd love to see a Kangaroo Tail pattern, this would definitely give us confirmation for a reversal.
Dear Traders, As we can see GTEC had to retrace after it's run, and the time for a reversal as arrived. We can see a bullish divergence forming on the RSI and MACD Histogram. Let's see what the bulls will do this week. A push towards the yellow line (100 ema) would be very nice !)
Watching the ACB hourly uptrend, the loss of which will signal healthy daily consolidation is coming. A break of Thursday's high of 9.28 will have us looking for bounce continuation. Key levels: S: 8.84 R: 9.28
Fundamentals are solid for Supreme, very bright future imo. Long term uptrend in tact. Daily technical's appear to be resetting. See chart technical analysis for details. GLTA
The oversold bounce is starting to feel toppy with a bearish reversal candle on the daily and declining volume. The high of the day rejected from the 100MA and we're in an hourly equilibrium now to determine if we're going to see bounce continuation or set a higher low on the daily chart. I would also look towards Canopy for clues on how the sector leader...
Dear Traders, ACB took a huge hit, but i'm happy that thanks to my previous TA I expected a big drop. I saw a Bearish Divergence and I stayed far away from ACB, WEED, TGOD and APH. But i decided to have a look because a reversal in imminent at this price. On the 1hr chart I see a Kangaroo Tail which is a bullish pattern, and I also see that my histogram is...
Dear Traders, News just got out that APH will be listed on NASDAQ the 2 November, we could expect a nice reversal today due to that. Looking on the 1hour chart I see a bullish divergence which could give us the buy confirmation I hoped to get. Volume should go up today and tomorrow, let's keep our eyes on APH.
Quick updates tonight. ACB had a big gap down and giant bounce in the first 30 minutes of trading, and remained in an hourly equilibrium for the remainder of the day. Bulls made an attempt at a new high of day in late afternoon but came 4c shy of resistance. The end of the day saw SPY with big bull move finishing up near the high of the day on the strength of...
Dear Traders, Looking at TGOD, which got a huge hit. it went down from 10.24C$ to under 4C$. A reversal should come at one point and I think that this might just be that point. I see a bullish divergence on my 1hr chart, with a lower low price wise, but a higher high in my RSI. And my MACD Histogram shows me that the bulls are taking back control slowly. Keep...