SUNDIAL GROWERS had a bullish break out of a wedge. Volume expanded outwards and converged on the way back to the puter line of the wedge. Now the ice line above 2 USD is tested before I guess it will go up to 8 or 10 USD the next months.
Position reached bottom levels and it is a catch to get it in this dirt cheap levels and leave it long. Enjoy the Ride.
As stated in the previous analysis for bigger picture please check previous for smaller period see out it is going to be played. Higher chance of Cup and handle!
In the following chart you can see the dependence between the dollar index, the crypto market cap, and the oldest weed stock ETF Below them is the market cycles indicator which measures the overheating of the US economy. We can see that when the DXY is in fundamentally downtrend condition, the economy is in good fundamental condition and the indicator is...
We have a Morning Star and the Bullish Candle happens to be a Weekly Bullish Marubozu and it is showing Bullish Divergence and the MACD and RSI nearing a Breakout of a Parallel Channel if we get continuation in the coming weeks given the MACRO in the sector we could see something big happen here.
shark or cypher harmonic pattern: AB=0.61 XA BC=1.13 AB tp1=0.78 XA=$28 tp2=1.27 BC=$31 tp3=0.88 XA=$35 tp4=1.6 BC=$55 tp5=1.13 XA=$60 tp6=2 BC=$105 tp7=2.24 BC=$158
ACB cypher harmonic pattern: B=0.61 A C=1.42 B tp1= 0.78 A=1.27 C=$30 tp2=2 C=$105
Hello, I did this analysis because I am losing 50% of my entire portfolio at the moment with ACB, my opinion is that ACB has no future. its graph is very bad. it is very sensitive to financial markets. freaks out over very little things or nothing. Every resistance breaks it no matter what happens. The last time one day before the earnigs reports hit the bearish...
Indications & Patterns Monthly TF - Descending Wedge formed and being tested - EMA21 being tested with ATH volume Weekly TF - Heavily tested EMA21 and SMA50 broken and have crossed - SMA100 now being tested - Leaplong downtrend line forming descending triangle with fib 0 - Bullish Div on Sqzmom Daily TF - Bear div w/ possible hidden bull div on MacZ - SMA200...
That's a nice wide open channel we've got. A lot more room to breath, and gives me higher hopes for some good swing trade action. 2,811 shares @ $0.9231 Avg Holding until it fails to break top line 3 times. If it does break through, I'll update again and my count restarts.
Tilray® Announces Agreement with Grow Pharma to Import and Distribute Medical Cannabis Products in the United Kingdom Grow Pharma will distribute Tilray’s GMP-certified medical cannabis products across the UK New UK agreement gives doctors and patients access to a sustainable supply of Tilray’s pharmaceutical-grade medical cannabis products Tilray expects to...
I know I basically just posted my position shorting this one at 1.9, but after reading around I'm the only bear around. I love this company so nevermind, look at all those bull signs. I'm setting a stop loss at 1.85 when it hits 1.9. Hopefully it doesn't touch, and blows out into open waters. If it nestles above the resistance tomorrow I'm buying regardless if my...
ARCS if the merging company is literally any of the ones I’m thinking of we are talking .25 plus this next week instantly with a day this run hasn’t even started yet !!!
Toronto-based Cronos Group has always played it safe by not aggressively going after acquisitions, instead using cash to focus on research and development with its products. With steady revenue numbers, it has kept its balance sheet strong enough to at least survive the COVID-19 storm. At the moment, Cronos's business is predominantly in Canada, though its...
When OTC:PLNHF breaks out - $6 is next stop. Dont cry that you didn't get in soon enough.
Village Farms International is one of the more interesting small-cap cannabis companies on the market. It has only 335.252M Market Capitalization, and makes a small profit every year. Even though the P/E ratio is huge, 190.66, they don`t have debt like most of the cannabis related companies, because it`s being one of the most cost-effective growers on the market....