8K Filed in May 2019 after the Custodianship was granted to Chiang shows the company will be an Emerging Growth company suggesting another possible Chiang R/M coming in: www.otcmarkets.com For more DD please read the following iHub post: investorshub.advfn.com
Hey guys. So I have always been a fan of marijuana stocks and who can love trading the devils lettuce, but not trade ACB!? Over the summer we had a big sell off in the sector, but that was expected after the run we had that winter. The market is starting to catch some support and we are seeing more consistent green days for the green good. At this point in time...
So, since the last time I posted a chart on TNY we were trading in descending triangle that broke to the downside on a "short term time frame." I had mentioned that the pattern could also be a bull flag , but that was not the case. It is interesting however to see Tinley get back up to the 56c level where there seems to be historic support dating back to Aug...
Tracking Developments...
Based on research it has been discovered that the old CEO of Clancy sold all his remaining shares and took the company private handing the $CLSI shell over to a broker who had 100% control, the broker has confirmed the shell has been sold and is currently off the market. Which means a check has been cut and one of the two $50 Mil rev companies mentioned in...
The chart speaks for itself Reversal soon -bullish divergence -trading in fractals identical to previous price
Did Canopy create a double top, or is the stock going to create a Macro higher low & stick in a bottom tmrw or sometime right away next week?? If Canopy doesn't take control of the market tmrw with some big news to offset the market sentiment than don't look down, in my humble opinion which is only worth a grain of sea salt from...…. Time will tell per usual.
$CLSI DD Compilation So Far Company handling the selling of the shell was found out to be Green Rush which is owned by High times Magazine, the person indicated there were two possible bidders for the company both of which do $50,000,000 in revenues, but wouldn't say who they were. Very astute shareholders DD'ed and came up with two Colorado CBD companies Mile...
Watch for a break out here next week. I think we could see a break up past 40 cents soon and into that 50 cent range. After that we could really start to move back up. VIDA has recently done some good partnerships that will help on the fundamental side.
ACB appears to be in a good buy spot here- This stock along with many of the marijuana names have been beaten up in the last few weeks/months. The price is on/near the diagonal bullish trendline it has respected for a long period. Although it is not the strongest of trendlines with only 3 real bounces. I do think the risk meets tbe reward here. Im looking at a...
Looking at Tilray with the MACD and Megalodon indicators, we can see a buy signal on the daily for Tilray. Something that we've seen only twice before, both times being the start of significant rise. The Daily MACD doesn't have as much room to turn as did previous signals, however it does look a lot sturdier and supportive. As of right now though, we cannot...
If you missed the start of the breakout, dont rush buying now, as it might pullback around 42.09 before completing its C wave around 52 to 56
Just my prediction on ACB. Looks like it's going up. Could keep climbing until around the time of the earnings report. Earnings report on September 9/23.
I may be jumping the gun here on the daily chart but Vida did have a bottoming out and I believe we could be running back up again.
NASDAQ:CRON Illinois recently made huge progress by being the first to legalize marijuana through state legislation. I think this is going to be the turning point for legalization across the United States, and potentially even federal legalization sometime in the next couple years. The whole gay marriage thing did something similar a few years back, and I think...
1. 61% Retracement 2. RSI Oversold 3. Look for MACd crossing over for entry long. Pretty straight forward long trade fingers crossed.
VFF has pulled back in two legs sideways to down after a strong bull rally. The bulls have a 60% chance of a second bull leg up before there is a strong bear reversal. Last week broke below the 14 first leg down. This is where the bears need to be the strongest. This is also where strong bulls (and bears) will start looking to buy for trend continuation. ...