Fundamentals for weed stocks are not hot. TSX:WEED didn't see strong earnings and can't predict profitability anytime soon. The cannabis market hasn't kept up expectations and we are seeing that reflected in the stocks. With all the bad news there may be some good. It looks like TLRY is bottoming and if it has a clean breakout it could give an opportunity for...
CGC being held down for a long time. The pattern is likely to repeat itself. Potentially nice opportunity.
What if $APPH an industrial hydroponics co shifted to growing Marijuana? SAFEAct getting some mojo in DC. Anyone close to APPH know if they're going to shift? Wall Street thinks so and so do I. #PotStocks
Weed stocks popping lately. Going with $ACB here as seeing some technicals that are showing the stock is ready start heading back up
Appears to be starting W2 here and W3 should hit around .038c then W5 around .045c after that I think the weekly will be looking to start W2 and then off to W3 which could take Dman over 10c
Likely has another test of the bottom long term support around $2.06 B4 a strong bounce reversal back to $50 plus
Daily RSI at historic Oversold bounce levels. Almost as beat up as the covid crash right now. In the past we have bounced 25%-80%+ when bouncing off this level of Oversold conditions. There is also a gap on the daily now above at these extreme conditions that needs to be filled Also in a buy/support zone on the daily Weekly Oversold 4HR at historic...
Just bought Tilray🌿 stocks @ 12.22, currently at trendlines & previous significant high confluence. Price needs to break up the red falling wedge. Target 122 which means 10x. The blue uptrendline on log scale (imo false break down) and also higher volume this year shown below: Please like👍, comment🗣️, follow me✒️, enjoy📺! Disclaimer: I'm not financial advisor....
There's a big weekly down trend that had ran its course in pot stocks, and the daily chart is reversing here, odds are we can squeeze 10-11 times the risk if we go long here with a stop around 16.18, it is worth a shot with something between 0.25% and 2% risk in the trade. Up to you, how much you risk on it. I'm being conservative and sticking to a 0.25% max risk...
*rising rates environment is a disaster for large cap stonks & Ponzi Pogs. BUYER BEWARE- FWD projections!!! Gems make money TODAY & years from now!!! #cannabisreform #jobsandjustice #gnln #thegem Can't seem to edit the "monthly" on chart to "weekly" THIS IS THE WEEKLY CHART
A software solution for cannabis shops. Think POS solutions w/new app. Great sector. Could be a leader in the space that everyone seems to not give a care about. For Now. The Crypto Ponzi Pogs stole the 420day show in 2021. Thanks dogefather. smh Cannabis Reform #jobsandjustice #MSOgang #thegem
Cannabis Boom 2021 is upon us. Prohibition is coming to an end with each legalizing state. Small caps will get a boost when large caps tumble from taxes. #MSOgang Jobs & Justice $GNLN #thegem
#cannabisreform legislation c/w #cannabisboom2021 in works. Find the small caps with revenue growth & profits TODAY. Matters most in rising rate environment. Stock pickers win. This ain't it. Run away! *valuation matters
Constant Cannabis Shenanigans. Unless you're a SHARKNADO. It's Go Time! (maybe after another flash crash... lol). Don't worry about any of it. Low Vol. mirage!!!! #cannabisboom2021 & beyond. The times have changed. Revenue Growth today matters. *valuation matters. $GNLN #thegem #gethigherstandards
If this $30 stock double bottoms on a dollar..... All-in! Epic Economics. Mr. Market presents opportunities. Not of the Crypto Ponzi Pog type. It's #cannabisboom2021 time. $GNLN #thegem It's IPO was $17 in April 2019 and hit $29 same day. They're twice as big when Kushco Mega Merger is completed. Anything under the IPO will be a steal. Elon's $DOGE pup...
Sundial has had improved EPS (still not impressive atm) BUT, the street has given it a $2 valuation (DYOR) at the least and it's a behemoth of cannabis stocks. With the fed ban lifted now, this should open the market up considerably and SNDL, with several hundreds of employees and tons of cash, this is something to watch. The technical indicators are more for my...
First time in a long time that TLRY failed to close above its 200DMA. Despite this, it remains consistently trading around the 786 fib over the last few months. Without any fundamental catalyst, it really could depend on that industry at large. I think the whole MJ Bill was a buy the rumor/sell the news for what it's worth. Not a whole lot of range on the move...