The Cannabis ETF (MJ -4%) is trading at at six-month low as investor hype around cannabis stocks has faded.
In a somewhat predictable sell-the-news reaction, the MJ ETF peaked when recreational cannabis went into effect last Fall after staging a massive run leading up to the highly anticipated event.
Since then, the onus has been on companies to deliver. Most of...
July 15, 2019 (GLOBE NEWSWIRE) -- Acreage Holdings, Inc. (“Acreage”) (OTCQX: ACRGF) today announced Kevin Murphy, Chairman, and Chief Executive Officer of Acreage Holdings, executed an open market stock purchase for 154,000 shares through the OTCQX on July 12th.
The transaction, valued at more than US $2,000,000, was executed on the OTCQX open market on Friday,...
Reversal trade off market structure
- Sold all on the double because this equity has a history of large retraces after pumps - sell the news event - overwhelming selling started coming in during the later part of the afternoon.
- Fundamentals came out today that they are are to be a SEC reporting company. This was probably know weeks again, as the bottom came in....
What a year from Green Growth Brands thus far: a deal with multiple mall operators (including SPG), and now a deal with Abercrombie & Fitch to bring their CBD products to 160 stores.
- From a fundamentals perspective, this brand is as disruptive and prominent as they initially appeared to be
In my opinion, price action has not caught up to how much this company...
As shown in chart. TLRY could benefit of a big rally if we can cross the $56.50 SMA(50) line with strong volume.
RSI @62 with a stronger comeback from being oversold. (Check chart drawings)
*Always set your stop-limits to protect your position, as well as exit-profit targets to get your gains.
I have my eye on this penny stock and I think that we could see another run up soon. Maybe in to the up 50 cent range and a then continue? We want to see a clear break of the triangle and a confirmation candle before going in long. I have been charting this one for a while and the previous triangles played out even though I didn't share at the time.
Zynerba crashed into resistance at at $16.50 on May 17th 2019, and went into correction territory.
The engulfing candlestick today May 29th, 2019 is a very bullish sign ZYNE could go up to at least the $16.50 line.
Technicals are not great, however I expect them to start confirming the bullish trend soon.
Long: $13.15 (20SMA)
FA: Kona Gold Solutions, Inc. Cancels Preferred Shares and Lowers Number of Authorized Shares $KGKG seekingalpha.com
FA: Annual Financials for Kona Gold Solutions Inc.https://www.marketwatch.com/investing/stock/kgkg/financials
- they are forecasting a for by next quarter 2019
I'm very long KGKG; this company will be acquired. It is only a...
Nice uptrend since announcement of acquiring Proscere Bioscience Inc. manufacturer of Cold-Water Cannabis/Hemp Extraction Systems.
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This is educational only. Not stock advice or investment advice. Trade at your own risk, do your own due diligence. I own shares of this company.
Tightening hourly range
-hourly support: 43.66, 43.35
-hourly resistance: 44.85, 45.35
-if hourly breaks bullish, look for a daily lower high compared to 48.60
-if hourly breaks bearish, next support at 42.91 then 41.68
The company has stated that they will be fully current within the next 10 business days. The company has been posting CBD and marijuana oriented tweets and with their brand new website stating; “LinkResPet, a subsidiary of Link Reservations Inc, Produces a line of CBD products specifically tailored for cats, dogs and horses.” The website can be viewed here:...
$LEAS has been on a tear recently and for good reason. $LEAS has risen 3,000% and continues to rise following the reinstatement of the company, the new CEO and a slew of filings. The company has also stated that it has found a Reverse Merger candidate and the website of that company will be released soon once everything is in order. In addition to filings bringing...
Isodiol International Inc, formerly Laguna Blends Inc, is a Canada-based company specializing in the development of pharmaceutical and consumer products. The Company is focused on the nutritional health benefits that are derived from hemp and is a product development, sales, marketing and distribution company of hemp-based consumer products and solutions. Its...