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
Welcome Hyperspace Agent... This is Cronos Group Inc. I am a holder. It is my belief... That the entire cannabis sector has found their bottoms. Give or take of course.. this is an approximation of the linear network. Bare Bones of Cronos Group Inc (CRON).. Will develop further as we go.. The catalyst is the legalization of cannabis in the USA by executive...
The Searching of a PotStockBottom II NASDAQ YEWNO NORTH AMERICA CANNABIS ECONOMY INDEX NASDAQ:NQNACE RENKO PriceLine Chart RSI RSI + MFI
Showed my overall count for this correction and updated my count slightly. still looking for it to bottom in ~9.6 to 11 range. Waiting for an impulse to turn bullish
ACB looking close to bottoming in this 5 wave C move. Will turn more bullish if see impulse above 12.
13% BUY 81% HOLD 6% SELL Why are so many people holding? They know Tilray will receive support increasing the market value to near pre-covid ($20) however the uncertainty is still at an extreme level, with that in mind Tilray's "fair value" is still set at a steady $15. Tilray will reach a $10 to $12 in July-August. I mean I guess... i dont know im im pretty drunk
Zyne has a clear breakout from the 6.8 resistance (now being established as the support). Based on the long term numbers, there is not really any key resistance till $10.50. Now the question is when? If ZYNE' continues on the current upward trend line (Marked in dark grey), we could see it as early as mid-July 2020; Next best would be the Light Grey trend line....
Hi there. Price is forming a continuation pattern to the upsisde. Wait for the price to complete the pattern and watch strong price action for buy.
Looking at a potential low risk high reward play here. Although i pointed out the previous bull run above, I don't expect anything close to that happening at all. We are currently under a death cross and earnings are coming up, note it usually dumps at earnings after all-time-highs. This is a company I am looking at long-term though so I will buy small at this...
Looking for a good load up point here before earnings. Anything around $3 or under is solid value. Don't expect it to ever set a new low but may approach low retest if next crash is severe enough.
Critical Point for Canopy Growth. Resting right on the 50EMA and bottom trend line of the ascending channel. Failed to close above 200EMA and tested back down to bottom of the ascending channel. Ascending channel traditionally leads to lower prices but that's after the breaking of the lower trend line. Possible test of .618 fib level which also meets with the...
A quick comparison of major cannabis shares shows a switch from under to out-performance in vs. the S&P 500 and the TSX
Contextual immersion trading strategy idea. OrganiGram Holdings Inc., through its subsidiaries, produces and sells cannabis and cannabis-derived products in Canada. The share price rose after the company announced that it has entered into a multi-year agreement for supply of dried flower to one of Israel’s largest and most established medical cannabis producers,...
Arc Validation with attributed Harmonic String. Cajun Reversal of Entire Cannabis Sector Imminent. Find the "we are here box". TPs outlined by green boxes are defined by harmonic string. They define my TP levels. Pressure sustained multi-month. Release the kraken! Completion of Cup and Handle Formation would be quite nice to see here. Thanks for Pondering...
Daily chart, Tilray long. Price is obeying the transagonal support line, meanwhile the EMA25 continues to sweep under price just above the standard support line. Target your preferred entry reason on a lower timeframe, the 4 hour or 1 hour chart would be fine. Success!
Downtrend line broken on increasing volume. No new low on the last cycle down on the daily chart. Yahoo Fincace: HEXO Corp., through its subsidiaries, produces, markets, and sells cannabis in Canada. It offers dried cannabis under the Time of Day and H2 lines; Elixir, a cannabis oil sublingual mist product line; and Decarb, an activated fine-milled cannabis...
Looking to fill the lower GAP as well as retest lows. If it can maintain support at that level, might see a nice move to the top.