Looking at major s&r levels on general cannabis Corp otc pennystock. I will throw a couple of shares in the portfolio on a potential support play. Just a buy and hold small diversification and I'll forget about it. If respects levels we could probably get a pop up towards $1 - $1.25 My indicators are not providing a buy signal, just a potential support...
I like the setup right now. Turn more bearish if it breaks below ~10 and invalidates under previous low.
I know you guys are hungry for cannabis stock analysis so here we go! Just ran through the stable and OGI is far and above the best value cannabis play right now. They also have earnings coming up on the 21st. Its strong fundamentals make it one of my top 4 cannabis plays (APHA, TLRY and CGC are the other 3). OGI and APHA are my top two long term fundamentals...
Like look of impulse and correction
Not textbook impulse but looks decent. Expecting some correction
Waiting to see a 5 wave impulse up to turn more bullish
Well, cannabis stocks went through very rough couple years. They all were in accumulation mode for good part of 2019 and entire 2020. Accumulation is done and ready for take-off. Here is why: - Few month ago we made new Higher High with possible Higher Low as of now. - The reasoning behind Higher Low is a consolidation in the area of Fib levels 0.705 and 0.618. -...
Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current levels for buy.
ACB hit my target for this move down. I don't like the look of the move up right now so leaning towards another low ~9.75
If you listen EngineeringRobo, you already saved up to %94, that means if you had $100.000, your investment dropped as low as $6000. As of now, I'm a bearish since the candles are still under my down trend line. I will have to think twice if I want to buy again. If it will break my down trend line, I will be following EngineeringRobo's next signals to take...
I have been watching this for quite some time, managed to buy in and then sell after the last bottom. I have had my eyes on this weekly gap since then, we have some great fundamentals behind the company. CBD looking to be legalised next year in Australia would be a great step forward and looks like its heading that way! I wont be taking a large position due to...
ACB invalidates my bullish count. Looking back to my original area of correction.
Still bullish on ACB. always hard to call a bottom. Couple scenarios that point to the bottom being in or close.
ACB looking good so far with nice 5 wave impulse and correction looking to start wave 3 soon
This week let us a nice reyection at 12.27 (aprox), aligned with a nice old resistence now supprt. The RSI have a nice S/R patter too. If your not bullish with the volume + the monster impulse, ok, thats fine haha. So, i'll be waiting for the bear to bull swap at 4h timeframe. to confirm this nice R/R. Remember, it's all about nice Risk Reward oportunities....
Potential bottom for ACB. Looks like a nice impulse so far.
ACB looks to be finishing up a wave C and long correction. Will see how it plays out