I’m posting this from my phone, so bear with me. This is a bullish probability I have charted of history repeats in itself from data in the past. Let’s see if this plays out over the next 11-13 days.
Analysing HEXO with the help of Harmonics trend analysis and trying to see where the reversal trend starts. Entry 1.33 Stop Loss0.91 TP1 1.76 TP2 2.19 There seems to be no divergence so far.
The 1.618 on a linear scale points @1k The 2.618 on a log scale points @1.21 wich we reached recently and bounced on. Would need further confirmations such as daily close over the 8 daily EMA and the 21 Weekly EMA. AKA My old analysis updated with reverse split price :)
NASDAQ:HEXO HEXO is reversing like its peers within the MJ sector; As a low priced penny stock it is likely to experience high relative volume. The bullish increase in relative strength on the RSI confirms the trend. See also my ideas on POTX and TLRY.
If my count is correct we have completed the 3-3-5 flat correction completing the full corrective wave 2. Currently sitting oversold with some bullish divergence on the RSI and bouncing off long-term support. My only concern was the very deep correction almost near the fib 78.6 retracement of what I have labeled as wave 2. I'm currently holding a position with...
HEX WEEKLY CHART: upon waiting for the PLS (PULSECHAIN) launch we have been in a huge downtrend...Once we here from Richard Hearts new Project PLS launch date, is when this chart will turn bullish. Thats the truth...The long rectangle support box must hold or this chart will need a Scuba Suit. RSI IS WAY OVERSOLD!
I think that HEXO is close to a bottom. 0.10$ possible aka 2.618 fib level possible as it coincides with a 1.618 projection of the AB segment. I think that HEXO would rally from there if it doesn't rally before.
Hex Daily Chart. Hex is looking better than anything in the market currently, due to the PULSECHAIN launch shooting for end of May, investors are buying up all the tokens they can so they can benefit getting another copy of the same coin HEX on the new chain called PULSECHAIN for free...thats essentially doubling your investment but with more upside bc of...
Fib level point 59$ and we are actually in my favorite buy zone spot in between 1.272 and 1.618.
HEXO daily bear flag target of $0.40USD has been met using the log scale. I just filled my buy order that I had set at 0.40. We are also daily oversold and SPY hourly RSI is in the low teens. Expecting a big bounce in the broader market after Elon buying Twitter confirmed. Big move incoming for HEXO and MJ in my opinion!
HEDRON (HDRN) 2hr price chart This token is absolutely killing it since launch. This token has many things going for it. Its connected with the first certificate of Deposit token called HEX. HDRN has the capability to WRAP AND CHANGE/SELL YOUR staked HEX as an NFT... too many mechaincs to list...But the Bull Pennant is looking great.
I've been watching this stock for awhile now and I think we've finally hit that point where a turnaround happened. Look, Cannabis is going to be a big industry, but it's a matter of how long. Now Hexo has 180 days to climb back over $1 and the question becomes, "can they do it?" From what I've seen in the charts, I feel we might see a pump pretty soon, sometime...
HEXO has made the first signs of a reversal. The reversal can be violent. If you hold for a couple of years you might see incredible returns imo. Now is the golden pocket of smart money buy zone (Under a dollar). Not a financial advice.
The only thing that matters in a ponzi is price and hex is the ultimate ponzi. Higher Low, ATH soon. Pump it Richard
must cross back 48500 for massive recover and go for 69k area again the broken support at 45500 a very bearish sign trend been destroyed and we are entering in a downtrend could result in a bear trap if price can cross over 45500 and 48500 if no we may dip bellow 40k and maybe rettest 25k or 20k this look very similar the 2018 crash when bitcoin dropped and...
HEXO makes headlines today >>> such a nasty Bearish 🎭 Shark (with $1 Deep Crab) ... one more thing, bring a bottle of HEXO (shaken not stirred) ... >>> wow, this type of reversals 🎭 only happen at the Bottom ($2 price tag for HEXO is ridiculously cheap) >>> my dear it's a Gift for Christmas, if HEXO can turn around in december/february to $11
Just like TXMD, I like Lexicon too. BB is an indicator that even though I don't rely on, but together with RSI -and some other factors and market conditions- it's not a bad idea to consider looking at it. The vertical lines represent the buy and sell moments on this chart, please note where the price was at those points on the Bollinger Band and what value we saw...
Chart painting from the early 21st century, artist Maxi Scalibusa. No investment advice or a recommendation to buy or sell any securities. This is entertainment. Start 2.23 CAD