Although $ZYNE is developing some bull strength, it is still in a large bear trend or trading range. The bulls reversed the market up on the monthly chart from a large high 2, and will probably get some form of a second leg up. However since the IPO this market has been sideways to down, decreasing the likelihood of a strong bull trend developing. The bulls...
Looking at the chart for V.FAF it appears as though things can only go up from here? There's some speculation around Fire & Flower being acquired by Aleafia. Interesting enough, Certain directors and officers of Emblem have interests in Fire & Flower. In particular, Harvey Shapiro, a director and the Chairman of the Company, is also a director of Fire &...
Aleafia is looking to retest a recent support that was made May 3rd. If it holds then we will see a double bottom & possibly a reverse in the trend after the break through the descending triangle I spoke about in my previous post.
On my chart I have support at roughly 66c & the next resistance at 75c & 86c. Any material news will break Tinley flush out of this Ascending Triangle into a zone with very little if any resistance until $1.13 CAD. Time will tell per usual.
For those who don't know, GGBXF (Green Growth Brands) is a CBD-focused brand heavily emphasized on having a retail presence. In my opinion, the growth of this company is inevitable. And once more attention is brought towards the company, a double digit stock price seems highly plausible. In terms of the chart, we are in an uptrend currently but are having trouble...
looks like Cron is gaining energy again after a low volume pullback, so watching a break of that wedge to go long again.
$CHOOF - $ACB has a large stake, MJ play for April before the 4/20 Low float runner could go ballistic to dollars, slingshot daily is now in a confirmed uptrend. Golden cross is imminent.
Conclusion of today’s CGC (Canopy Growth Corporation) analysis: Price closing below ~35.45 or 24.78 implies lower prices in Canopy stock price. The purpose of today’s CGC stock analysis is to inspect the different chart patterns that can be identified in CGC (Canopy Growth Corporation) and their implication(s). Use of a logarithmic scale of the Daily timeframe...
The news release from Tinley today was enough to test the resistance level at roughly 85c to 86c, which is the top of an Ascending Triangle! It would be nice to see Tinley break through this resistance flush tmrw, Friday, or possibly next week & consolidate above the Ascending Triangle. There's not much resistance until 1.13$ CAD if Tinley can breakout of this...
Although having been bearish on TLRY most of the time, i today, stumpled upon this chart again and saw the falling wedge without even drawing anything. Eventually we'll get a move down that closes within the lower blue line or something but generally this is very positive for the shorter term. looking at 95-105$ range. ps: yes, im charting this like a shitcoin
Weekly ABCD bull pattern NBEV deal with Walmart news could help drive this bull pattern
NBEV expands with Walmart -significant bull news -support @ 4.72
CSE:BAMM OTC:BMMJ Body and Mind closed friday with a doji candle, possibly signalling a short pause before advancing. We have kept daily higher lows intact since March 19th, consolidating on the hourly as we advance. The weekly chart looks very strong with increasing price, increasing volume, big green bars closing at or close to the high. However I would...