I know it's been a hard run for holders of DMAN. I know first hand as I have watch this stock do nothing for almost 2 months except 1 huge fast wick to .03c and unless you had sell orders in place like a ninja you basically missed that move. And I am suggesting more downside due to the pending stock market pull back. But you can buy 1000,000 shares of this...
looking for SNDL here to tap around .81-.83c for a bottom. I will be buying some here.
this is a classic Resistance flip into support. DMAN will start the climb up to .50c (slowly over time)
I like Monday for a breakout. - Good PR pushes. - 30 day above 0.01 for OTCQB up listing. - MJLink IPO price increase. - 10K coming all the above timed with the end of a wedge. Makes for a good breakout scenario.
Like that it held the Trap hoping to see it hold into uptrend...
Back in this super risky penny stock, nice volume today, 187million and oversold conditions have my spidey senses tingling
Broke out of expanding flat only to crash right back into the pattern. No clear direction here except a possible bounce here due to oversold technicals. Support seems strong around $1.05 on daily TF. I would look to buy that test if we get there.
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
As many of you know weed stocks have been exploding recently. If you want exposure to this new market that has the potential for more growth as legalization occurs then check out MJ ETF. This is an aggressive ETF to have in your portfolio.
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!
My key level is $13 which we broke in after hours. If it continues to rally $15 is a very realistic/conservative target. If we get more positive news this will easily get to $20. Very bullish on this pattern as well.
HMMJ Cup and Handle in play #HMMJ #Cup&Handle #cannabis #potstocks
Nice weekly substantial break out from the base for the AMEX:MJ Marijuana ETF - ideal price target is $30 zone once it takes $20 zone