CGC

I understand that my chart may offer you too many lines to understand. The red lines are long term trend lines, connecting peaks and dips. The blue lines are a Gann Box for the current cycle. I have marked the channel in which CGC has been trading for the past weeks. That is the one that is most important to notice. The thick blue line at the end, represents the...

Entry 1/2 ****STOP 8%**** We routinely review hedge fund filings, and the trend is becoming clear: funds are bullish on oil. From Warburg Pincus, to Elliot Management, concentrated funds are betting big on the energy sector. The reason why we chose this particular oil company was because of two reasons. First, and most importantly, the risk reward is...

23,513,292 shares of Common Stock outstanding as of December 31, 2018. Interwest Venture Management Co is the largest institutional owner Tamarack Advisers, LP reported adding it to their portfolio on 9/30/18 Social media metrics are off the charts right now THIS IS HIGH RISK!!!!!!! **********WE ARE NOT FINANCIAL ADVISERS. THIS IS A HIGH RISK TRADE. ENTER...

ACB is currently in the dead center of the bull flag trading range, and a converging triangle. This is where the directional probability is very close to 50/50. However the bulls have a slight advantage because it is a bull flag trading range, and there are bull gaps below. Prices are currently stalling at the failed bear reversal, where trapped bears may...

Triangles, Ascending Triangle, Descending Triangles and Ranges are repeatable trading chart patterns. Triangles and ranges are consolidation chart patterns that can breakout either direction. Ascending and descending chart patterns will have a directional bias depending on the previous incoming trend. Each chart pattern will have defining trendlines of the...

Stop loss with daily close below the low of 7/3

Expecting bounce from extremely oversold weekly and daily levels in the cannabis market leader. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.

MJ is the center of a large bull flag trading range and expanding triangle. Last week formed a second entry for a higher low and a potential start of a second leg up. The selling pressure down from the 38 lower high has not been strong, but the directional probability at this location is close to 50/50 with a slight bull advantage. There are still bull gaps...

Looking at picking up a few shares in the $38-$37, could keep moving lower to $34 but ready for the discounts as long term this should be a real contender.

The cannabis sector has been really beaten down; today some of them are reaching oversold levels. ACRGF could be a potential stock to invest in, if we see a pullback. Specially since it's retreating from a past strong support @$12. Be very careful, oversold can stay oversold for some time. (Same goes for overbought conditions) Have a great weekend, dorfmanmaster

Sell short signal @38.10

CGC

Refer to prior chart for details

Day Trading - Only Strong Trend Days (Can also be used on HTF) There are generally only 2-5 strong trend days a month. The majority of trading days are some form of trading range days, either within a range or a weak channel which reverses and forms a trading range. On strong trend days the market offers what most traders want - a high probability of a large...

CGC is beginning to develop some two sided trading and transitioning into a broad bull channel / bull flag trading range. (All channels are a form of a slanted trading range and ultimately evolve into a large trading range). Prices are currently around the middle of the trading range, where the directional probability is close to 50/50. The high 2 buy setup a...

Shorting CGC as poor earnings, Black market marijuana cut their prices as soon as legalization happened. Core companies or government marijuana is known now is weak and hasn't made much gains due to high prices. They don't know their competitors and understand their market. More poor earnings to come. August 2 EXP debit spread $390 entry and exit will be $200...

So far this week is a bull follow through bar. The bull breakout gap is still open below. The bulls will likely get two legs sideways to up even if only a small rally and test of the 78 tight trading range. If the bulls get strong consecutive bars over the coming weeks, it will increase the likelihood of a second leg up and test of the 160 high. If instead,...

ACB NYSE is currently in the dead center of the bull flag trading range, and a converging triangle. This is where the directional probability is very close to 50/50. However the bulls have a slight advantage because it is a bull flag trading range, and there are bull gaps below. Prices are currently stalling at the failed bear reversal, where trapped bears may...