Cannabis trades like crypto.. Retraced 80%, now ready for a other runup.. only a matter of time before federal legalization occurs then massive upside
I was contacted by a concerned investor, here's some reassurance. I've been interested in the booming Cannabis industry within the US & Canada - It's only a matter of time before more countries start to realise the medicinal properties of this. Previous Close 12.83 Open 12.93 Bid 13.08 x 1300 Ask 13.09 x 1400 Day's Range 12.80 - 13.17 52 Week Range 4.41 -...
This coming week or early September... she ready ready
price will almost definitely attempt to go lower. If it fails to do so, there could be a big buyer surge.
I wish I had more money to invest.....This is the point many lines are gonna reach to each other.
$TLRY has a well-formed bullish wedge. There are two targets based on this structure.
ACB breaking out on bullish divergence. can expect 8.5 this week if momentum picks up
Went long 100 shares $14.3 first target $18.5 with continuation to AVWAP at $23.3 Just an idea a breakout below the wedge invalidates idea.. Breakout above it's time to get high : P
I would like to review my post on August 15: Tough week ahead for Cannabis Stocks! You judge the accuracy rate!
$TLRY Target 27.00 for 86.46% Ok so I added here today to my underlying position. I also played some options that expire tomorrow and I closed the call side out with a 50% gain even, and the put side with 38%… so I think I’m figuring this whole options thing out. Added to my position with my wins… 💃🏻 ----- — On the far right of the chart is my Average (Grey)...
Rough W formation retraced back to support but still higher than the second bottom of W. Looking for a bounce up to $17 before seeing another retrace.
ACB: NASDAQ:CGC NASDAQ:CRON NASDAQ:SNDL They lost their supports and it happened with increased volume! I'm looking for short opportunities in the next week. My previous Weed analysis was one of my best works ever! Feb 3rd, 2021: Feb 11,2021: April 12:
TLRY - LONG Stock Idea Enjoy! Thanks, TraderPaps
Very similar setups here. There is a weekly breakdown candle high at 8.89. I think closing above there would be a signal to get long.
We've got several examples in the past of Cannabis stocks lagging altcoins then putting in monster catch up rallies as the risk capital sloshes around during the mania phase. I thought this would happen in April/May but we didn't get much of a move. I think there is an even greater opportunity now. I am looking to get long CGC+TLRY and a few other names.
Several times over the past few years in crypto, Cannabis has lagged behind the altcoin market and put in some incredible catch-up rallies. When the risk appetite gets excessive, the fast $ often flows from crypto to Cannabis. I think the R/R here on some Cannabis names could be massive. Full disclosure I posted this same correlation back in April/May and we...
Wisconsin GOP shot down the most recent budget plan, which partially dealt with marijuana legalizing. Democratic governor meets republican representatives means Wisconsin probably will not do anything meaningful for a while. In the meantime Wisconsin residents travel to Illinois where they spend almost 100$ million annually on marijuana products. Some other...