Just something I remembered from a few years back. Love that tradingview play button, so figured I'd post the look just to see what will happen. Noticed it was moving.
Back in 2018, for awhile it was the darling of speculatives in the weed stock sector, rising from sub $1.00 to $15.00. That was back when TLRY blew up the stock market.
They recently entered...
The goal for this swing play is for the price to float out of its weekly wedge and bounce off of the trend low (of the previous uptrend) and make a move up to test the trend high (of the previous downtrend). The play will only work if the price can float through trend, if not then the move down will continue and the price will be squeezed by the wedge. The...
So far so good.
The gains are holding, and day trade opportunities are everywhere in the cannabis show.
The blue wave has a lot to do with it. Imagine that a market with 300m people opens up and its ready to be taken....US legalization.
Technically, its good.
Good Bullish Trades!
Does this potentially indicate a bottom for NBEV? There's a nice rounding bottom that may form a cup & handle
A cup and handle price pattern on bar charts resembles a cup and handle where the cup is in the shape of a "U" and the handle has a slight downward drift.
A cup and handle is considered a bullish continuation pattern and is used to identify buying...
This has gone from Prom king to drop out real quick. I think a lot may have had to do with expectations built up over time but at the end of the day, who really knows? Let's hope that October is better to them than other months considering what's set to happen in the industry in Canada.
"Clearly, the hype from the deal has proved to be nothing more than that;...
Analysts are pricing BUD @$118 (24% above current price!)
New products and hype.
OBV has been increasing steadily. But on a longer term, you can see the average volume is now lower than previous years.
BUD is breaking above a weekly resistance 50SMA.