this is not an analysis, more a very important information I want to share with you. Please keep in mind, this is not a trading advice. As reported in several German newspapers, the future German government is planning to legalize cannabis. Here are some articles I found (only in german, but google translate might help) www.spiegel.de rp-online.de www.n-tv.de
Probably my most important video update so far... Let's see hw the recent months mvements might help us to understand what the next move might be. In the meantime, price is just doing what it should, meaning covering the gap. Not completed yet, but we're close to it. Not financial advice, just personal opinion and analysis
Hi All, my main 3 take-outs from this analysis are the following: 1- Price is moving within a descending wedge and a bigger trangle 2- Price has been rejected by the 200 MA and by a descending trendline resistence 3- We might see a retracement to fill in the daily gap left on Friday Not a financial advice, just personal opinion. Do your own due diligence and good luck!
#StatesReformAct FEDERALIZATION Bill in Congress. Cannabis legalization is BiPartisan. $PSDN has the best $MSOS advisors lined up to make great investing decisions in the ever growing cannabis sector. The US sector is on fire. Women & minority leaders will be sought. Diversity is great for business. $PSDN & $KERN. Recommend. Compliance Data SOFTWARE....
Sundial announced last week a share repurchase program! Program will commence on November 19, 2021 and expire on November 19, 2022. Sundial Growers can purchase a maximum of 102.8 million shares, representing approximately 5% of the company's issued and outstanding shares. Last month, Sundial announced the purchase of retail company Alcanna, which operates 171...
ON VOLUME. Volume precedes price. A move without volume is suspect (see #shib). States Reform Act on Monday should be a headliner for sure. Lot's of legislation to look forward to. #cannabisreform #thegem Jobs & Justice Akerna $KERN has the data. Enterprise Solutions, Compliance SOFTWARE CEO Jessica Billingsley is Chair of USCC, United States Cannabis...
As many of you already know, I've been bullish on HITI for quite some time, waiting for the right entry. This is one of my favorite cannabis stocks, and I'm bullish the cannabis sector overall. This may not be a quick play; I'm expecting to hold my cannabis stocks for quite some time. On the daily chart, HITI made some lower lows, while the RSI made higher...
Anyone been following SNDL is a true believer. After massive losses for months, the conditions are ripe for a short squeeze. Very favorable earnings report, 300 mil shorts, lots of upside. This is a no brainer my fellow apes.
Epic Economics. Rising Rates annihilate crypto. The US5Y on to new highs. Cool. Value investing is a thing after all. Congrats JPow. #cannabisreform #metaverse The Future Akerna $KERN has the compliance data SOFTWARE (record revenues announced Q3). GL
Sundial Growers Inc. engages in production and marketing of cannabis products for the adult-use market in Canada. It produces and distributes inhalable products, such as flower, pre-rolls, and vapes. The company offers its products under the Top Leaf, Sundial Cannabis, Palmetto, and Grasslands brands. Sundial Growers Inc. was incorporated in 2006 and is...
Welcome to my DN Delta 9 Cannabis Analysis :) This analysis shows two situations, once a Bearish Harmonic pattern and a Bullish Navarro 200. The Bearish pattern would still have two targets Open: 0.215 CAD 0.070 CAD If these targets are reached, I expect at the latest from 0.060 CAD with a very strong impulsive rise (possibly with a short squeeze by closing the...
Cronos Group, Inc. engages in the production and distribution of cannabis. Today we will take a look at the chart, and we will define what's the scenario we are waiting for before trading. Between 4 to 5 dollars we can see a support level that has been working since 2018. That means that we are in an interesting situation regarding a historical low from where we...
TOKE is an ETF that seeks to generate capital gains by investing in companies that have exposure to the broad cannabis industry. Since the start of the year the ETF's price has declined steadily from highs of around $26 to about $13 currently. The drop in price has bought the shares into a range of reasonable value considering the relative youth of the legal...
MSOS bullish reversal candle on the weekly with big volume which is rising over all, divergence on the RSI, broken trend line. Looking for $100 by late spring potential.
CGC being held down for a long time. The pattern is likely to repeat itself. Potentially nice opportunity.
Marijuana stocks have been on the decline for a while, but things may soon start turning around. Last month, the House Judiciary Committee advanced HR 3617 or (MORE) Act of 2021, a bill that repeals the long-standing federal prohibition of marijuana by removing it from the Controlled Substances Act — thereby ending the existing state/federal conflict in cannabis...
Is rising volume suggesting that news are coming? It is merging with Leafly Holdings Inc. ("Leafly"), the world's leading online cannabis discovery marketplace and resource for cannabis consumers. Near to NAV, small risk. News or successful combination could send the stock higher. Trade with risk management and always set up a stop loss. www.leafly.com
This wedge has finally been squeezed out and shorters have nowhere left to push. Time for TLRY to make the trek back to ATH - are you in? Don't chase! we could revisit the top of the wedge which would be a great buy point to set your limit order, then set a tight stop below the wedge. Good luck!