Looking to add to my #MSOS position in the event it reaches the .5 Fib. If it breaks lower, would take the loss and average into a longer swing trade position on daily consolidation. The strength of the breakout pivot is impressive. Aggressive bulls will be delighted with broader market strength. AI driving the market, so eyes are there for indications of trend changes.
MSOS looks poised on a Cup and Handle pattern for a potential breakout. Stop Loss @ 20% in a smaller position size to start. Need to see it play out, but bullish divergence in RSI looks good. .5 Fib - Orange - is a BUY. #MSOS
Marijuana stocks have been ripping lately.
There's a correlation between MSOS and Cannabix Technologies.
Will the next boom happen with the marijuana breathalyzer stock?
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MSOS News pump, so a short based off of past trends could be warrented, but watching for a nice correction and some reactions off of these levels starting at 6.44 and 5.56.
With the recent pump and dump on the Safe Banking rally, it has become visible that most of the pot stocks sector is in a corrective state, setting up for a cycle correction. GTBIF appears to be in a triangle and will look to correct this triangle in the coming weeks/months.
For the most part, I would be alerting myself in the "loading zone" with a potential...
I've been waiting for $MSOS to bottom because the upside looks amazing once it does. But I think we'll see another leg down before we see the final capitulation.
The reason being the cloud on the 1D timeframe. With that thick of a cloud, almost no chance that price will break through it, and it leads me to think that the next move is likely lower.
Looking at the...
MJ etf is looking like it broke the weekly downtrend after weekly bullish divergence. However, the week is early and it doesn't mean it can't go lower and retest the trendline under 6 dollars again - it can.
Regardless, MJ stocks might be in a bottoming "area" and are worth a watch. Targets as of now 8.50 and 10.50 on the MJ etf.
TLRY breakout with daily bull divergences and now others catching a bid. Watch the MJ sector for out performance if the stock market has that rally to 4100. Enjoy
AsvisorShares Pure US Cannabis ETF (MSOS) has been on a rampage and never shying away of selling off more than expecting, leaving pretty much the whole cannabis sector carrying the dead weight of a massive basket of synthetic weight, expelling a lot of investors and leaving the rest holding major bags from a short attach which started almost over 2 years ago...
All in the video, nothing to buy yet, but there are some signs of strength this week even with the market tanking. Tickers covered - MJ, CGC, TLRY, CRON, MSOS
At the start of the week I hit my weekly semi-cycle 3rd leg and on Tuesday, my interval daily cycle hit the 5th wave. I was looking for a semi-correction, but instead was surprised by Thursday (yesterday) price action sell even more. So, I went back to the drawing board and calculated some more data -- This might be way too early to call, but here we go.
$15.13...
Bullish Features on AAL, Showing a minor SOS and creates a probable LPS and continuation upward. Looking for a retracement somewhere on the Fibonacci retracement. maybe around 0.618 and take off upwards
So many growth stocks look similar in that we see large flat 3 wave corrective action that appears complete to me. This could be the blow off beginning. Typical for 12 months from tightening to top. Maybe its faster this time we shall see.
I know no ones wants to touch MSOS or anything marajuana related but i believe it’s always smart to keep an eye out for everything.
I am making a small bet while we hit all time lows. Also, as a technical trader, It’s a big deal for me that this is the first time the RSI has dropped below 30.. Even better, bull volume came in as we hit the all time low while the...
#StatesReformAct FEDERALIZATION Bill in Congress. Cannabis legalization is BiPartisan. $PSDN has the best $MSOS advisors lined up to make great investing decisions in the ever growing cannabis sector.
The US sector is on fire. Women & minority leaders will be sought. Diversity is great for business. $PSDN & $KERN. Recommend.
Compliance Data SOFTWARE....
