$GRWG DAILY Chart Holding uptrend line forming recent higher lows, possible reclaim of 50/ 20 day ema, 4/20 weed pump, marijuana legalization?
Hi mates is perfect setup for mean reversion trade in NASDAQ:TLRY here is data for my trade: ------------------------Trade setup --------------------------- Entry: 18.13 Stop Loss: 14.87 Profit target: 28.18 ------------------------------------------------------------------ If you like the idea, do not forget to support with a 👍 like and follow. Leave a...
TNY appears to be trading in a descending channel on a micro-level. Descending channel patterns are short-term bearish in that a stock moves lower within a descending channel, but they often form within longer-term uptrends as continuation patterns. The descending channel pattern is often followed by higher prices, but only after an upside penetration of the...
It is working almost perfectly here! One target box after another is reached and we are currently preparing to experience the next breakout from the yellow box. What is important now is that we do not fall under C$3.03 in the current downward movement, but we only give this scenario a 25% chance. In general, we see amazing potential in this stock, and we hope you...
Or, possibly this pattern plays out as a bullish flag. The KST is displaying a bearish cross where I have placed the red downward pointing finger. Keep an eye on the DMI in the upcoming trading days, if there's a bullish cross it would be very note-worthy for the bullish narrative. Something similar to what happened where I've placed the green fingers. The...
GRWG 2HR CHART Inv H&S forming on the higher time frames, nice down trend break and a retest of the downtrend breakout for a nice reversal to retest ATH
This is a follow up from my previous post. Price pulled back to EMA and printed inverted hammer. Gap filled but Year open untested. Still looking for PA below Year Open.
The chart is looking great on the 5.5 hour (333 minute) chart. Could this be a yum yum style breakout, or will it be a flop? I have a bunch of call options with a strike price of $1.50 that expire today. Could we see a bull run within the day that brings us to $1.50, or will it be over the next few days/weeks? Either way, this seems like a tipping point to me!...
Greenlane Holdings Inc (GNLC) is a distributor of vaporization products and consumption accessories in the U.S. The stock got a huge pop on news of a merger with KushCo Holdings. However, Kaskela Law LLC announces that is investigating Greenlane Holdings to determine whether GNLC executive officers and directors violated the securities laws and/or breached...
Oh boy! Where were you when all this was happening? Cannabis (aka weed) stocks as a group set to take off. This could be bigger in percentage terms than Biotech pumps we saw in the pandemic period. As some will be aware major changes have been happening in the USA and Canada to 'legalise' certain aspects of cannabis. GTBIF and CURLF were ahead of the race....
Hello fellow traders; time for another analysis w/ SmoothPips 🙏 If you enjoy the analysis please make sure to leave a like and follow; so we can catch these pips together! ❓ What's unique about SmoothFX? -All trades executed off of the same "strategy" -Easy to read charts -Multi Time Frame Analysis -Learn and Earn experience -Very high...
EDEN or EDEN.CN on the CSE (Canadian Stock Exchange) is a new recently listed cannabis stock that is a chain of dispensaries across the U.S and Canada. They also have growing facilities, cannabis cultivation and extraction facilities. They are going to have continued expansion, and have an outlook of $1.00 by the end of the year!
Video breakdown on our Fav $GRWG
Aurora $ACB on a premium position to rally towards $19.8 after New York agreed to legalize recreational cannabis for adults in the state.
Recently, Aphria went all the way through our blue trading zone and we believe that the bearish movement should be over now. From here, we expect the stock’s price to increase again and crush through the mark at CAD28.78. All in all, we expect prices of above CAD37 to become reality in the near future. With a probability of only 30%, there is a chance that the...
First US cannabis ETF is gapping down, both longs and shorts are fair and reasonable. Longs: - Bottom of channel will be retested soon and may bounce. - Gap shall be closed and may bounce. - Once year open retested it may bounce. - I'm not watching news so I have no clue what they say on CNBC. Shorts: - Formation of H&S pattern, therefore measured move...
This fledgling cannabis stonk has a great future ahead of it in my eyes. Just peep their instagram! They're definitely seemingly in-the-know. I'm thinking of this position as a long hold. But also will probably reach a short term peak soon. Have fun! Not investment advice
If you thought the hype was over, then think again. We are currently approaching the trading zone between C$ 0.385 and C$ 0.230. Here, we will have amazing entry opportunities to tackle incredible heights! In detail, we expect the stock to skyrocket from here to prices above C$ 1.55. Pass the green, but not this opportunity!