Here is when i told you that is a buying opportunity on Sundial after the retracement: Sundial Growers engages in the production and distribution of flower, pre-rolls and vapes. It operates through the following segments: Cannabis, Ornamental Flowers, and Corporate. Zenabis Global Inc. said Friday it has entered a revolving credit agreement with a Canadian...
Swing trade on EXL. Trading close to all-time lows. Fundamentals for 2021 and thereafter looking very bullish. Great risk/reward. Buy and hold.
Protentional Flag Breakout. resistance sends for a retest. momentum picks up. target of $33 ( weekly resistance) with a slowdown at $30 (phycological and weekly VPVR level).
Comment any questions if you have them. I tried to put majority of the information on the chart. After review of weed stocks looks like most of the companies already spiked (May continue to spike) But psycaedelics are on a rise for a couple of companies. After studying I think Psychedelics are going to be the new cannabis!
APHA was my #1 Cannabis play going into this year based on the fundamentals and it's held up very well, still my #1 long term pick today (along with tangential Cannabis play IIPR). That was followed by CGC and ACB with TLRY coming in at #4. Now with my #1 and and #4 plays merging and largely rounding out their strengths and weaknesses, it is an even stronger #1...
$MSOS recently went parabolic with all the hype. Correction is possible for following reasons: - Sitting at the top of the channel with inverted hammer and bib bearish trending candle - Open gap/inefficiency in 40's - Too far from EMA - Volume is dropping Possible correction to the bottom of the channel Invalidation: Clean break/close above last high/channel's top
Wanted more of a narrative to my technical analysis. Makes it a bit more of a story than just targets, channels and patterns. Halo Labs Good structure, good assets, generating revenue, verbalization. Canadian. But not Canadian. Enjoy. Any harmonics traders, bearish shark on weekly. Please educate me.
Marijuana Stocks Rally As Georgia Runoffs Signal Democratic Senate Tilray, Inc. surge on hopes Democrats' win in Georgia could spark US legalization Tilray, Inc. surged on Wednesday following the early results of Georgia’s key Senate runoffs that could open the door to federal cannabis reform. With Democratic candidate Raphael Warnock claiming victory in his...
Tilray has bottomed out i think since we saw the $5 prices, and now we appear to have had a breakout. ideally wait for a pullback maybe to the $10-$12 mark. I noticed every time Biden got closer to POTUS, that tilray and a few other cannabis stocks had bullish moves. So longer term i believe this is Value investing at its finest. I have placed the shares in my Tax...
If NASDAQ:SNDL continues trading sideways it will hit the supporting trend-line around next week which will coincide US presidential changeover. Good probability it will bounce off this trend-line and head to the $1 price range and perhaps higher. With cannabis friendly reform on the plate many cannabis companies stocks should do well this year.
Hello All. Aurora Cannabis is starting to catch eyes of many. After a major year in 2017, ACB has had a rough last couple years with the price falling as much as -97%. The charts are showing the blood is behind us and blue skies ahead for the cannabis industry in the upcoming years. With the recent election of Joe Biden, the house and senate are now both...
With the entire MJ sector on fire with Democratic leadership for the next four years, $JUPW sure has been lagging quite a bit. I believe it is ready for its next gap up. Technicals look good and I expect the entire cannabis sector to really heat up until federal legalization- which I see coming in the next two years or so. $JUPW is an extremely undervalued...
Hi fellows, just one of my today swingtrades: Nice setup for breakout in NASDAQ:TLRY . Cannabis stocks are set up for nice run after Gorgia senate election. ------------------------Trade setup --------------------------- Entry: 11,35 Stop Loss: 10.66 Profit target: 13.50 Time stop: 5 days ------------------------------------------------------------------ If you...
There has been a noticeable shift in cannabis stock sentiment over the past 2-3 weeks and some of the top market cap charts that had been forming bottoming/basing patterns recently are now showing breakouts, or are on the verge of attempting a breakout. BellRock Brands is one of the lower market cap cannabis stocks that looks to be on the verge of a breakout...
If this doesnt look sexy to you, I dont think we can be friends anymore. You will look extremely happy with a 🚬 under that bright 🌝. This will be a wild ride with 10-20% swings so as long as you have the balls for crypto, this is a perfect sector for you to be in.
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Nice weekly substantial break out from the base for the AMEX:MJ Marijuana ETF - ideal price target is $30 zone once it takes $20 zone
Team Dank for POTUS Light em if you got em!!!! First target $420 Second Target Mars Third Target.....uhhh...$420 420% trail