CRBP has a massive upside from here. The 2nd wave is complete and the 3rd wave is on way
OTC Markets was updated with Joseph Arcaro’s email and his counsel back in December of 2020 when the annual list also came out. OTCM has been updated recently and the company also created a new twitter account today: @rglginfo This tells me updates are very very close and people are loading for the anticipated news that may be coming here. PT: $5-$7
Too early to tell, but it looks as though MJ is bouncing off a $24 resistance level while also developing a bearish divergence in the RSI and MACD. If MJ stays within the drawn channels, I could see it selling off a bit and testing the lower channel/MA to form an ascending triangle. This should also create the opportunity to bounce off the RSI support and make way...
KERN is extremely volatile and sporadic but broke out.. Daily movement is similar to TLRY.. Take profits along the way or..
READY to break out the base, nice flag in making. Consolidating above EMA 200 (first time since May 19), retested & reversed - Once break out first target $20
Hi, This is what happened after the last euphoric rally in tilray. I was just learning to trade, and was hyper optimistic on the weed sector with recent state level legalizations sure to drive the market. I rode tilray down way too many slow slides as I learned the market cycles. This peak will be no different. Im excited to see how closely it tracks the...
Sorry, in class and can't give full analysis. Everyone likes weed. COVID sucks, and I just saved a bunch of money on my car insurance by switching to geico.... Strike Price: $33.40 Price should test the new resistance zone. Which was an all time high a few years ago. We see where the world is today...I think it'll surpass the resistance. Unfortunately, my...
It's my first idea here:) I see a good spot for LONG. All cannabis stocks are bullish now. We have a golden Cross for HMMJ. Buy 10.35 SL 15% TP1 13.9 TP2 18
Long term bullish on this but this along with the market as a whole is overextended. Just sold out on my LEAPS for a good profit. Re-entry for me will be when it pulls back to 24 for support. Then I will get back into long term calls but short term this needs a pullback!
... for a .71/contract credit. Notes: With 30-day at 75%, and expiry-specific at 73.9%, opened a 20 delta short put in the weed ETF using my phone app. 4.65% ROC at max as a function of notional risk. As usual, will take off on approaching worthless or -- if in the money -- look at rolling out for a credit or taking assignment of shares and selling call...
OGI is a Canadian Cannabis company. Covid slow down has obviously hurt the business for OGI . Ontario and other major provinces are now getting licenses out faster to people so this could provide a catalyst. In addition to this the blue wave, and NYC's Cuomo's positive comments about cannabis have me willing to take a shot on this. Monthly levels of interest are...
A little late to the game this week, but don't think I missed much. EARNINGS ANNOUNCEMENTS IN UNDERLYINGS WITH HIGHLY LIQUID OPTIONS: TWTR (53/84),* announcing Tuesday after market close. TEVA (16/63), announcing Wednesday before market open. UA (42/68), announcing Wednesday before market open. UBER (11/59), announcing Wednesday after market close. ZNGA (11/63),...
Possible formation of an uptrend channel as the price moves to test the ipo price with surging volume, and possibly move higher as weed legislation becomes imminent.
TLRY has closed above the 50smma with surging volume this could mean the start of a new uptrend as marijuana legislation becomes imminent.
Yesterday’s announcement of a movement towards cannabis legislation has been the best news for the industry since the listing of cannabis stocks. The THCX fund is newer and has a lower market cap then the MJ ETF, it also trades at a lower price making an attractive buy for retail investors. It’s holdings are: APHA Aphria Inc 8.95% 603437 TLRY Tilray...
$CMGR Remains a PT of $100 even after the massive amount of profit taking that took place last couple days. DD in below files.