It is obvious in the last 6 months a new trend started in most cannabis related stocks and most of them rewarded Theron shareholders with decent rewards..! The front runner so far was sundial grower with +440% gain in last 6 months followed by Tilray, CNN, and Canopy. In my view sundial and CANN can reward their shareholders with higher profits not because they...
This is now my number two long term growth pick, recently supplanted by the winning APHA/TLRY combo. Still a better company than ACB by a good margin. OGI best value and ACB next best value though, these two been in the trenches for most of 2019 relative to the overall industry. HEXO and SNDL still strugglin but holdin up OK, also great value there but much...
Nice upward channel, with a falling wedge - featuring as the function of the recent cup & handle formed on NYSE:HEXO . Macroscopically, this is acting as the right shoulder of an Inverse Head and Shoulders, which takes this to $6 if this very obvious technical confluence fulfills.
This guy looks poised for a pop. A break above $7 would be nice. Already in. Could also test the 20ma, in which case still has a little bit more downside. Enter wisely.
Copied 2017 & 2018 patterns For this to happen, this needs to occur; 1) Hexo’s Q2 record gross revenue ~50M$ + positive EBITDA - earnings should be released around mid-march. 2) US banking and decriminalization by June 3) Canadian regs change to allow case quantity of Bev purchases - in Q3 2021
ACB about to go parabolic. Similar to Tilray, golden cross about to form between 20 and 200 day moving averages. The last impulse rallied just shy of 250%, or $10 usd.. With the blue wave on our backs, we should easily see the same impulse of $10 which brings us to $22. There's a gap looking to be filled between $20-$24. This stock is a Robinhooder's dream....
Democrats take control of the senate. The easiest past to legalization in America confirmed HEXO business analytics has been increasingly positive.
Looking at the HEXO chart we see a nice looking symmetrical triangle that could trigger a rally if the price can close above the resistance. The cannabis sector has been getting a lot of attention lately, hence the rally in many cannabis stocks as of late. A weekly close above the $1.12 resistance could trigger prices to test the $1.75 level and above.
Hexo is sitting on support the morning before the yearly earnings report.
Hexo and pot industry looking for the potential pass of a decriminalization bill in the senate
You already know it... Holding the mj sector longterm & reinvesting dividends & diversifying in new canna tech businesses will = financial freedom ♾ might need another 10 years but well worth the wait later on! JUST #LEGALIZEIT ~~~ BLAZE IT & reap in those extra tax revenues for schools, roads ect... its just plain stupid for tax payers to...
Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current levels for buy.
A quick comparison of major cannabis shares shows a switch from under to out-performance in vs. the S&P 500 and the TSX
HEXO road the 50MA all day today Just crossed the 9MA and about to cross the 20MA...does this mean we are about to see a breakout?? What we can say is that the rest of the MJ Stock Index is also in the same START position! Is this a "CALL" to action??