Looking at Tilray with the MACD and Megalodon indicators, we can see a buy signal on the daily for Tilray. Something that we've seen only twice before, both times being the start of significant rise. The Daily MACD doesn't have as much room to turn as did previous signals, however it does look a lot sturdier and supportive. As of right now though, we cannot...
If you missed the start of the breakout, dont rush buying now, as it might pullback around 42.09 before completing its C wave around 52 to 56
trade worked out,took some prof at break of high, then got dumped on, didnt manage trade as well as I should have. Still holding a bit, this is another chart where I need clarity. Maybe top in, ext 5th, sideways WXY need to break some Ls or Hs MO
Triangles are tricky. Converging TL and dropping volume can make a pennant or whatever but EW triangles have rules... cant get a super clear count of the interior waves, so its iffy for me. IF it is a triangle, 1:1 the width of the larger part of triangle off the termination of the E wave is the usual trust out of the triangle....or an extended 5th wave! who knows..
pos bear ABC it done it going down. New lows. Another count may unfurl, not super clear on what the move down would be, could be an impulse not complete, could be some kind of ZigZag Combo, looking for #ClairityofCount bull div
This is interesting. The stock hasn't hit .30 cents in some time. The last push above the 200ema was rejected in a couple of days. The volume selloff back in April for one move was about 438k. The volume now in buys far exceeds that. This could be either a real decent pump. Considering the news has been quiet, perhaps a pre-public market reaction to something that...
$cweb update...this is the bear count. Soooo, hit the upper Channel line, channels perfect no matter which anchors you pick btw, sup/res hit, reject off of .50, almost hit 1.217 of A, but has not crossed into wave "A" territory...not gonna call it done yet, but... #potstocks #weedstocks
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Howdy TradingView Family! Hope you guys are doing well and having a great day. ACB and the majority of the weed stocks are being hit..and hit hard! However after seeing 100-200% gainers on most stocks its not surprising to see a 50% retracement. If any of us who have traded or invested in crypto in the past this is nothing, but all too familiar. Let's move...
Entry signals coming in from the pot stock market again. Just don't go crazy yet!
Reversal trade off market structure - Sold all on the double because this equity has a history of large retraces after pumps - sell the news event - overwhelming selling started coming in during the later part of the afternoon. - Fundamentals came out today that they are are to be a SEC reporting company. This was probably know weeks again, as the bottom came in....
IF this impulse has more legs, looking at the golden box for a reaction. if we miss or blast trough, recount and reconsider what this is, this is 1 of many possibilities
possible count, need a strong green reaction pretty soon here to validate this count. 1. by SR, 2. converging TL 3. A:C = 1:1.618 4. in GZ 5. Bull div on daily.
woozers its on a run! Im a bit hesitant to say ATH are near, have to break some key resistances, MO. ABC and 123 are basically the same thing, one must relay on context of count and of course see what the retracement is after the C,3. C waves in ZZ tend towards 1:1 of A but can go 1.272 or 1.618. 3s most common fib projection is 1.618 but of course just need to be...
$TLRY $TLRY $TLRY
Closed the gap, in the GZ, fibs lininging up, bull DIV... not asking for ATH but some kinda reaction would be awesome! Never know.
few possible counts here, ABC it done it going down. 1 2 and the 3rd is going down for the 4. or 1 2 and it is putting in the 4 of the 3