Looking for a great deal ETF? this is one to keep an eye on.
Canopy had a massive 40x run from 2015 to 2018, and has since been in a prolonged correction. Starting to look like a bottom is forming around the $10-15 range. I began averaging in and plan on building a core position over the next 6-12 month. Looking for a 10x move to $150 area on this upcoming cycle.
HEXO road the 50MA all day today Just crossed the 9MA and about to cross the 20MA...does this mean we are about to see a breakout?? What we can say is that the rest of the MJ Stock Index is also in the same START position! Is this a "CALL" to action??
APHA will likely dip towards the 200MA on the open but then will raise to get back into the previously established channel on its way to: 1st TARGET - 7 and 25pennys Half a BILLION in $$$$ This company has a STRONG balance sheet!
took a long on HEXO TP is around $3.60 after hitting $2 resistance I will probably sell and renter.
Do you see what we see? Trends are trends... But Flags are Golden.... Now which way?? Revenues up 30% Gross margins at 40% (which is excellent) Operating Expenses DOWN Expanded Partnership with Molson Coors to explore US CBD in CO..... All we can say is that when Revenues go up 30% from Quarter to Quarter... ya that is a positive for this stock!
Some key support tests across the sector first thing tomorrow, aside from VFF, which looks to test resistance first thing. Take a look at the weekly charts, these setups are very different from one another.
Technicals evidently look Bullish, fundamentally undervalued as well
From Light of the 5th Moon..... Earnings around the corner from that! A license to SELL RETAIL from HEALTH CAN! Many many things are coming together 4HEXO it has been a long road, some of the greatest challenges are about to be overcome....
CRON could move lower on a SHORT but by the 5th Moon we will see if the line of resistance can be broken!
It seems a little strange that all of the mainstream MJ stocks have all started back up the ladder as of 13 May 2020....not sure why these are all lined up but I am liking the CALL action!!
Canopy Growth will announce earnings on Friday this week. The market has priced in a good earnings call....but has it priced in a GREAT one......? We shall see..........
We have been watching and trading MJ for a while and HEXO could be setup for a little CALL action.....
🌿 Alternative Harvest is on its way up after an extremely bearish last half of 2019 for pot stocks, but is it up in smoke or down in ashes for MJ? Right now we have MJ rallying off the bottom as darlings of cannabis like Aurora and Tilray push higher. This move in some pot stocks has pushed others up. Some of this is fundamental, with some better than expected...
Alerted for volume on TLRY, approaching big resistance with room above and forming right hand side green cloud support for a move up. In 20, 20$ calls for end of June - good luck if you play!
This sector has to do well from here. More states and federal are going to need more tax revenues..
bottoms in on this one for now, I think an exit pump is coming next few weeks, looks eerily similar to WLL right B4 250% pump
The MJ Sector has been down-trending since March of 2019, still has yet to see a real bounce with a solid continuation. As of May 2020 it looks like we are ready to bounce but still, I am weary that they will do another fakeout breakout. Anyhow, I am expecting MJ's price to eventually break above these down-trending lines. They are still rejecting the price...