Or was the recent move simply another lower high where i have the red arrow pointing down? It appears as though Canopy may be ready to break the neckline of this inverse H&S. The RSI may have double topped though, only time will tell.
It appears as though VEXT has formed a Inverser Head & Shoulders pattern, and the right shoulder is consolidating higher than the left, which would be a stronger indication that the pattern will finish bullish.
HEXO Majorly Oversold. Pot Bubble POPPED. Bottom is sunken in. Weak hands shook. Time for the big daddy's to take a TURBO LONG. Buy when Blood is in the streets (and we are past a massacre) There is huge bullish divergence on RSI This is support zone KNOWN from WAY back. Sunken GAP that will be filled for T4 This will take few weeks to play out. Easy Money...
Aurora Cannabis is returning to home base. Volume picking up, divergency between volume and RSI, capitulation wicks, deviation etc. Once liquidity taken and retest made, we may see either prolonged accumulation or possibly V-type return on major news event or equal.
The Searching of a PotStockBottom ... HMMJ The BigPicture PriceLine Chart RENKO RSI+MFI second view third view PriceLine Chart RENKO Laguerre PPO 4C
Unless Tinley breaks above 47c in the next few trading sessions we're basically just looking at another lower high. There's clearly a possible bull flag pattern that may play out. The RSI was at an all time low on "all time frames" recently, which is reflective of the aggressive bounce we had in the share price. On the RSI I've made some notes that may...
Today's move is nice to see everyone, but we're still looking at a lower high on a macro level since Dec 2018. That may not seem macro to some investors, which is fine, but it's still important to note in regards to charting. All information helps, especially in hindsight when trying to learn new trading methods, I guess I'm speaking for myself. Anyway, a...
Or maybe a descending triangle. Time will tell per usual.
Just a bunch of lower highs since late April / May PP. Anytime we've tried to get over the 200 Day MA since April, we've been knocked back down like whack a mole. In order for Tinley to change this trend they're going to need some material news, very simple... Otherwise, it will be a slow bleed down into the single digits, IMO. Let's not forget that the...
I hope not, but hope isn't a good investment strategy, and with the negative sentiment in the cannabis industry I wouldn't be surprised to see this get down to 1.10. This could be a giant bull flag as well, but I don't know were the buy pressure will come from in this sketchy market? Time will tell per usual.
Or maybe a bull flag. Time will tell per usual.
It looks like Tinley is trading in another descending triangle. Maybe a bull flag as well, but the no news trend is likely to lead to the descending triangle playing out first. Time will tell per usual.
. . . the Beginning of "The Searching of a NQNACE PotStocksBottom" . . .
It appears as though TNY has broken out of a descending triangle & through some short term resistance that's been holding the sp down since September 25th. It would be nice to see Tny form a support at the 50c level & not drop below it. Also, TNY is trading above the MA (9,close) which is bullish. We just need to get the fuck back up to that 200 Day MA. That...
KSHB has been one of just a fine few pot stock related names that has actually gone up. So what's the deal? The company’s stock price struggled throughout September, decreasing 60% on a massive drop during trading hours on September 26th. This was due to the company announcing a direct offering for shares at $1.75 per. This cannabis company is comprised of several...
It appears as though tny may be trading in a ascending triangle. It's clearly noticable on the rsi as well. The 30-45 day estimated time frame for Tinley's two canadian LP's is fast approaching. Sunday would be 30 days from the previous news release. A Friday or Monday news release would be likely & timely for some sort of announcement in regards to this topic....