It’s falling and falling and will continue to fall for a little longer. This should go on until a little under $9.73. There, the correction should finally end and new increases should follow.
Be patient!
With the legalization of cannabis in more states in the USA, this stock is going to the moon. I anticipate that we will reach the high target of this channel which is about at least $14 in the middle of Feb 2022.
SNDL Sundial, beside being considered a meme stock, it was a top volume asset in the last few months.
SNDL Sundial stock has an Avg. Volume of $206,286,369
Yesterday Volume was $102,632,702
Due to this fact and the increase demand in the cannabis industry, my price target is 1.25usd resistance.
But if we use the Fibonacci extension tool, we will see a 2.8usd...
With the legalization of cannabis in more states in the USA, this stock is going to the moon. I anticipate that we will reach the high target of this channel which is about $45 in the middle of Feb 2022.
Just bought Tilray🌿 stocks @ 12.22, currently at trendlines & previous significant high confluence. Price needs to break up the red falling wedge. Target 122 which means 10x.
The blue uptrendline on log scale (imo false break down) and also higher volume this year shown below:
Please like👍, comment🗣️, follow me✒️,...
Reversal patterns printing on daily, oversold stoch on weekly and selling momentum is slowing down. We might be bottomed out and this on has a good R:R.
The support area should be help no matter what or this trade is a stop :) will try to update this in time..
Peace
With international production and distribution across five continents. Cronos Group is committed to building disruptive intellectual property by advancing cannabis research, technology and product development. With a passion to responsibly elevate the consumer experience, Cronos Group is building an iconic brand portfolio. Cronos Group’s portfolio includes PEACE...
$HEXO Target 4.31 for 67.7%
Sometimes things just work out perfectly in my favor… and sometimes they do... 😜
At this time there is no support … however technical’s point to 4+
Let's go...
$TLRY Target 27.00 for 86.46%
Ok so I added here today to my underlying position.
I also played some options that expire tomorrow and I closed the call side out with a 50% gain even, and the put side with 38%… so I think I’m figuring this whole options thing out. Added to my position with my wins… 💃🏻
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On the far right of the chart is my Average (Grey)...
$ACB Target 10.27 for 43.64%
I added quite heavily here today to bring my average down. This is it for a while… gonna let her run… Technicals look sexy…
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
ONLY ADD at support levels & FIB levels… labeled
I...
I think Cannabis stocks will be the next EV`s in terms of market explosion in the next few years.
Yesterday, 8/17/2021 Raymond James brokerage Boosted VFF`s Price Target to Strong-Buy from $26.00 to $27.00
My price target is 20usd.
Two days ago Village Farms International Acquired 100% of Balanced Health Botanicals, a Profitable Leader in the US CBD Category,...
The downtrend is still not over for the Tilray stock. It still has to move below $12.56. There, at the latest, the course needs to turn around and push to reach $31.34.
Stay trading!
On prev idea, we did TP1 and drop to the SL zone after.
Now we build a new one bigger triangle. And did +25% in one day.
I think it's a good time to try LONG on this breakout. cuz we have a bullish-volume support zone and back to 200MA line.
TP1 ~ 25 $
TP2 ~ 30$
Sundial has had improved EPS (still not impressive atm) BUT, the street has given it a $2 valuation (DYOR) at the least and it's a behemoth of cannabis stocks. With the fed ban lifted now, this should open the market up considerably and SNDL, with several hundreds of employees and tons of cash, this is something to watch. The technical indicators are more for my...
🟢 $SNDL Target 1.95 for 65.25% (134% from here)
Or double position at .65 Support level
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
Numbers with an A are places that are a good idea to add if you can.
Numbers with a D are places where you should double...
🟢 $TLRY Target 19.84 for 22.92%
Or double position at 12.44
I added here because it bounced off of support… if it hits support again (13.41) I will add again before doubling at 12.44.
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On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average.
Numbers with an A are...
