This correction is not over yet. Disclaimer: We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and are therefore are unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This...
Bought a lot of ACB around $3 last week. Went crazy the week, but then retraced to fib 78.6
Fundamentals are now better. Prices are better. Regulations & Govs are more ready for it. Early bottom assumtion. Confirmation + Adding on growth.
After setback in the cannabis industry and lack of liquidity, we had a slump in stocks. Now it seems 22 is a strong resistance level. Earlier entry is possible on the close of the recent gap. Good Luck!
Peloton has miraculously revitalized the Trend of In-Home Aerobics crap You all remember the 80s-90s when Mom and Dad spent a fortune on crap they only used for a year or less? Yep we are seeing it again, This time its with the Credit Card everything generations. Very big bubble, could inflate much higher - like Pot Stocks or Impossible Meat
Canopy Growth Made The Bottom , Bullish !
Been calling $12.5 for a couple weeks now, and a few things making this setup perfect. 1. It's reaching this level in extreme oversold conditions 2. Overall market on fire at ATH rn. 3. Santi Claus is coming? Looking for a really nice monthly bounce. Below are my targets, and whether or not I take profit at 1 or 2 depends on how we get there. Target 1...
do I know exactly whats going on here?, not really, Do I love this count?...NO. I do know the sector is getting slaughtered RN and any bounce is dumping pretty hard. Will I trade off this chart, yes, but will less capital at risk. Gut/greed is telling me 10$ but..I do have a count that goes to 4$. I also see some geometry here where we may bounce a bit. Gaps...
Hi, today we are going to talk about Canopy Growth Corp. and its current landscape. Canopy Growth Corp it's receiving growing attention of the market today as had reported disappointing results on this quarter, the company now along with Tilray that also reported disappointing earnings, sets the context of what Canopy described as short-term headwinds on the...
As we see the end of wave C, looking for the buy on the break of the trend line. Multiple confirmations on it so a break is a good trigger. Company has $7.01B market cap, industry is on the rise. Good Luck!
Consider also, this stock is heavily shorted and earnings could start a short squeeze higher.
HIGH RANK/IMPLIED EARNINGS: CRON (32/82) (Tuesday Before Open) TLRY (50/97) (Tuesday After Close) CSCO (44/27) (Tuesday After Close) WMT (48/23) (Thursday Before Open) NVDA (24/43) (Thursday After Close) AMAT (17/34) (Thursday After Close) CGC (95/87) (Thursday Before Open) JC (30/43) (Friday Before Open) Notes: Looks like it's the "Week of Weed" with CRON,...
CAN YOU SAY BREAKOUT ?!?! DIVERGENCE TRADE CAME THRU ONCE AGAIN. LET'S SEE IF THERE'S GOOD CONTINUATION. 50% RETRACE IS ABOUT 35 DOLLARS AND THERE'S A GAP TO BE FILLED AT 31 AREA TOO.
Or did he? I mean, technically Drake could have been invested in Canopy for many years now, he's a very business savvy guy, not just rapper / icon. So who really knows what his average cost is. Anyway, on a 3 month & 6 month chart we can clearly see lower high after lower high, and this recent move may become just that, another lower high... The rsi is very...