Triangle play here. All levels are marked, chart is easy to understand. Looks like it bouncing good, fell to .93c and back to 1.09$ right away, so buying pressure is here.
Will see how it plays out on upcoming week.
The Green Organic Dutchman (OTC: TGODF) has submitted an application to list its stock on the Nasdaq.
If approved by regulators, The Green Organic Dutchman will trade on the Nasdaq under the symbol "TGOD." The company said it would also continue to trade under the same symbol on the Toronto Stock Exchange (TSX).
Currently Heavy resistance located at 2.77$...
$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...
The cannabis sector has been really beaten down; today some of them are reaching oversold levels.
ACRGF could be a potential stock to invest in, if we see a pullback. Specially since it's retreating from a past strong support @$12.
Be very careful, oversold can stay oversold for some time. (Same goes for overbought conditions)
Have a great weekend,
MJ is the center of a large bull flag trading range and expanding triangle. Last week formed a second entry for a higher low and a potential start of a second leg up. The selling pressure down from the 38 lower high has not been strong, but the directional probability at this location is close to 50/50 with a slight bull advantage. There are still bull gaps...
TSXV:NRTH NRTH - 48 North is a small cap Canadian Cannabis producer, ran by a highly effective management team, they are Co-CEO'd by two sharp business women, who are gearing their branding and company towards marketing to the female cannabis space, with brands like Mother & Clone, Latitude and Avitas. "48North is well capitalized to follow through on our business...
ACB closed below the green trend line on the daily.
Target 1 $7.68
Target 2 $7.31
Target 2 $7.20
Target 4 $6.32
Cannabis is an emerging market and while it will be quite big in the future, I wouldn't expect cannabis stocks to necessarily reflect that growth.
Case in point. I live in Colorado, which is arguably the Amsterdam of the US, when it comes to...