CMPS @ Bottom of Regression ENTRY = 40-42 ADD = 37 1st Target = .618@46.02 2nd Target = .786@52.32 HODL Target = 60+ ______________________________________________________________________________________________________________________ This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading...
Initial impulsive structure and its correction shall be over now, so that 3rd wave shall be ahead.
This is the best value play right now but TLRY is a close second after joining forces with the APHA powerhouse. My last fractal was off but after shifting over the OG logic still holds...
Breakout to the downside for Aurora Cannabis NYSE:ACB , bad sign for the stock. Now the price is below its 20 and 200 day MA, but actually its selling volume is not that great so the 50 day MA could hold the trend. Lets wait and see if the price can rebound from it and give a good buy signal. If it does I think I'll buy and have a small position, the cannabis...
Cresco is ready to launch higher. It already broke out of the Inverse Head and Shoulders and it is currently flagging. Price Target 1 - $13.30 but it will likely go higher Thanks
I don't own any cannabis futures but I've been following this sector closely. I think its flagging before another move up.
I am still looking at the MJ sector as a whole needing to see more upside soon. Right now I think we could still be just establishing a 3rd wave, and I could see it continuing up from here. However if we continue to break down and need to make another 12 or another count becomes clear we have a nice support zone sitting on the breakout.
Good Afternoon Everyone, Over the past 2-3 years, I have been keeping a close eye on a list of cannabis stocks (medicinal and recreational) to see how they react to different market conditions. One company that has really peaked my interest lately is Aleafia Health (ALEAF). This is a company I have been watching since 2018 and has steadily moved downward since...
A seemingly forgotten USA cannabis ancillary product distributor (Multi-State-Operator, "MSO"). They've got a growing list of global partnerships. Federalization in the US is seemingly around the corner as the majority of states and public opinion is LEGALIZE IT, DECRIMINALIZE IT, & FEDERALIZE IT. #cannabiscommunity has won. #EpicEconomics The tax grab is inevitable.
Weekly Log Chart I am very bullish on cannabis stocks right now. CBDS broke out of the long term down trend on the log chart. Entry price - $0.63 Stop Loss - $0.60 Price Target 1 - $1.33 Price Target 2 - $2.53
Want to see it break and hold 9.23 resistance
Toronto-based Cronos Group has always played it safe by not aggressively going after acquisitions, instead using cash to focus on research and development with its products. With steady revenue numbers, it has kept its balance sheet strong enough to at least survive the COVID-19 storm. At the moment, Cronos's business is predominantly in Canada, though its...
Long @ 0.399 / 2k shares Fundamental aspect of trade CALGARY, AB, Nov. 30, 2020 /PRNewswire/ - Sundial Growers Inc. (NASDAQ: SNDL) ("Sundial" or the "Company") provides an update on the elimination of its senior secured second lien convertible notes and further improvements to its balance sheet. Yesterday the company announced update of eliminating its debt...
Technical overview: VFF all time high was 17.45$ in March 21 2019. After COVID-19 our highest high is today’s 10.82$. Before we start analyzing the wave we are seeing in VFF we must mention a valuable fact ! the resistance level from March 2018 was just broken !! that is big ! it was broken by an igniting bar with a lot of volume and momentum behind it meaning...
Cannabis stocks are sure to run! Video breakdown!
I was caught up way too deep in my SPX/Volatility modeling and need a refresh! That we won't see the fruits of until next month. ACB FOMO spikes are what popped my bubble haha. Cannabis is way more interesting than volatility because it is at a 95%+ discount right now will be worth 10-50x within five years and shit just had a massive 4x swing in a few days,...
Tilray Inc (TLRY) es una compañía que se dedica al cultivo y distribución de cannabis medicinal, altamente beneficiada con la victoria de Joe Biden, lo que generó un upside en el precio de sus acciones de 110%, sin embargo, las marihuaneras después de una esperada corrección podrían presentar oportunidades interesantes, nosotros pudimos reconocer un canal entre...