Classic inverse Head & Shoulder pattern spotted for some potential swing trades and Bullish breakout? Buy @ .0625 (or in this case now @ .056) Sell @.0775 Buy @.0625 Then bullish breakout confirmed past .08!
Happy 4/20 day from australia! 420 minute charts for giggelz seems like its the in thing to buy this year, no huge dumps yet but some good fights on the markets remember kids drugs are bad....lol come follow me fellow herbsmen :) join our very active group below... jah bless
As we successfully came back into the triangle, but got rejected below the downward trend line, respecting the 50 day moving average as resistance. It has now re-traced back to the 61.8% Fibonacci line, where it sits with indecision as I write this. There is some light support that is now holding us, but it won't take much volume in the wrong direction to see a...
Bullish. This is one of the top producers. Good exposure for this sector
So we featured 5 cannabis meme'd coins back in the last weeks as a tip off to start buying up the rise is starting already (hopefully you all grabbed a few coins) some weaker hands have sold already, maybe bots and such but also u might have ignored the signal and its time to get in now u can see it moving up against bitcoin this is a perfect set up to earn...
With Canada and many other countries changing some archaic laws in 2018, we only hope that the war on the people will start to come to an end Still, brave new world businesses are struggling with accepting payments and issues with banks/banking are making the transition period extremely difficult Potcoin and the newer ones will all get a boost leading upto...
CMED has joined WEED in it's journey through the triangle, looking for any support it can get at the 200 day moving average. Continuing downward, a re-test of 28.00 and further are likely. I have indicated any remaining support or possible rebound zones. Thanks for viewing my charts!
We have officially fallen below the upward trend line and out the triangle, stopping right at the 50% Fibonacci retrace, which was to be expected. From here, there is not much left for support. We could bounce and come back into the channel, but a re-test of ~23.75 is more likely, and subsequently a re-test of the 38.2% Fib if support cannot be found there....
Hedge Funds and other companies are investing heavily in the Cannabis sector, and this company is relatively cheap. Which means that those companies investing in the sector are incrementally accumulating their positions. This also means that those companies will purchase stocks where they believe it to be cheap and that entry area is a good area (based on...
After the correction and a trace all the way down to 25.34, we can see that it closed twice right on the current upward trend line and bounced. It is currently holding above, in the support and resistance channels that I have drawn on the 4H. Conviction does not look very high however, as it was looking to come back down again, but it got rejected just above the...
looking to breakdown bear flag into final corrective wave, took a lot longer than i originally anticipated but it will come. short then long into buying opportunity
There is a a lot of choppy sideways movement going on with WEED right now that I wasn't expecting and it invalidated the temp upward trend that looked promising.. I was really hoping that we could confirm three points, but we are now looking to hold support around the 50 day moving averages. We are still way above the 200 day moving average. We can see that it...
As we can see, WEED keeps tapping that new upward trend line quite nicely, leaving us with a third point of confirmation on our temporary upward trend line, indicated by dotted green. This however, brings us closer to a possible ascending wedge forming. After making a significant rally today, you can see that we touched the previously drawn resistance at 33.90,...
We have closed below the upward trend line, and out of the falling wedge. The weakness of the reaction rally foreshadowed the sharpness of the decline that followed. If we cannot hold support at 9.00 and start to form a reversal. If not, we will most likely test 8.50. Today hit support and got rejected twice, Will this be a reversal or will it continue to test lower?
I had hypothesized earlier that hempco could find support at previous resistance level after being in a very harsh downtrend. now blasting upward through resistance on news of Aurora cannabis's investment, showing that the bulls are still very much alive.