A possible final bottom for $TLRY could be around $34 , last swing high of last summer.
The EW count now seems to be still incomplete and the weakness of the entire sector could bring the price in that sweet spot.
Keep in mind that Tilray is still one of the most overvalued stock in the cannabis sector with a market cap in the hundreds of times its revenues.
As charted in today's YouTube video, full details on how I arrived to the counts there.
Cronos is one of the older assets in a young market. On a long term view, I believe it's in the final waves of it's current cycle. However, that doesn't mean that it can't make significant new highs. It appears to be forming a flat continuation pattern here. With fundamentals...
After nearly a month long Consolidation following a +80% move off the bottom set christmas eve @$2.85 we have now settled at a 63% gain off the bottom. holding the 9DMA and 50DMA we could now be set for an advance to the 200DMA up near $6. Key support is 4.40, while we have not closed a trading day above $4.75 since Jan 21 which was rejected. A strong close at...
NO bullish divergences on RSI, getting pretty long and deep for a 4... we at the edge of a gap in the vpvr, coming to some geometry and some fibs and fib time, vegas waves coming up for support, then its 420 from there?
$CLI has shown strength over the past few days with the first wave moving the stock from a 1.3c base to a 3.5c high (+170%) before retracing to the fib 50% mark on declining volume, from here the volume has ticked up with heavy volume at 3.3c then 3.5c respectively.
Poised to break out to the top side the target for the next wave is the twice tested resistance...
CSE:SNNAfter 6 weeks of tightening ranges Sunniva broke bearish on news of a data breach and lawsuit. While this stock has promise based on fundamentals, the chart is not set up very well for low risk entries. Some chances here for a bottom fishing play might be possible but, $5.00 is a key level to close above and hold on a daily basis. Q4 financials are...
spelled my name wrong...I R adult...Looks like there is some geometric and fib reactions on on the daily charts , but will this pivot hold??!!!...weeklies are like meh ...Notice how I mostly post charts where the price action is reacting in accordance to my chart analysis..I must be getting the hang of this whole posting charts thang....troll face.
Looks like there is some geometric and fib reactions on on the daily charts, but will this pivot hold??!!!...weeklies are like meh...Notice how I mostly post charts where the price action is reacting in accordance to my chart analysis..I must be getting the hang of this whole posting charts thang....troll face.
NMUS bio science has a few interesting medical applications in research for pot
but did a name change to Emerald Bioscience inc !
this move makes me suspicious on naming close to another named pot company
does have a up trend channel forming
2 counts, left is weekly and right is daily for each count. Think we coming down for the 4, we are at some channel and PF fork resistance/support, but they are just imaginary lines. Could go deeper then the .5 potentially depending on the market over all. It my go as deep as 15 dollars ish. Deeper than that or even more time sideways may call for a recount. Monday...