Zynerba is looking great for short-term long
Dear Traders, Let's have a look at TGOD. Price dropped like a dead mouse before, but TGOD did create a nice bounce which I predicted in my previous TGOD TA. Now the question is will it create another run, or will it drop to a lower low. Looking at the chart and the indicators there is more reason for it to drop then to break out if i'm being really honest here....
Trade based on Elliot waves. Recommneded levarage 5x
Trade based on Elliot waves. recommended levarage 5x
Price has fallen to a rising trendline and is consolidating after a false drop below a prior low. IF (and only IF) it breaks higher out of the consolidation is this a potential long trade. I like the consolidation because it allows for well-defined risk control, with a stop loss placed below the consolidation or recent low. I also like that the Nov 20 low...
Green Gold vs Yellow Gold. A reversal here is predicted and the upside still has massive potential.
CGC is up against a significant area of support including three price levels and the 200 day MA. Watching tomorrow for how this plays out. Key resistance for bounce continuation & bear flag negation is 32.99 Key support is 31.85
WEED (CANOPY GROWTH CORP) Trading Bias: Long Technical Strategy: Double bottom / break of neckline *waiting for strong bull candle next session*
Dear Traders, As we can see on the chart, Organigram's Bears were in control. Bulls did form some kind of Buy Area, located around 5.18C$, the 200 moving average indicator. A comeback into the buy zone wouldn't shock me, just to shake out those last bear hands, and to head up higher? Or will the bulls fail to take control and the price will drop under...
Dear Traders, Medipharm is looking like some sweet honey on a goat cheese cracker! They announced some pretty nice things this month, they obtained their License and the day after they announce a Partnership with Supreme Cannabis! They will make sure Medipharm is equipped with the best High Grade Cannabis you can get to let medipharm create High Grade CBD Oils...
Dear Traders, ACB has been showing ups and downs the last couple of days. Earnings showed growth but a lot of investors were skeptical and that was seen in the price action. First I'd like to start about the vol indicator on this Chart. It shows a potential Curve, which would mean that we in exactly at the lowest point of the curve, low volume, not a lot of...
There is still growth in the uptrend if it respects the trend line.
Dear Traders, Let's have a look at Medipharm. MediPharm Labs Corp . (TSXV:LABS) is a leading B2B Canadian cannabis extractor, producing purified pharma-grade cannabis oil and concentrates for the development of cannabinoid derived products. As part of their B2B model, MediPharm Labs supplies raw materials, formulations, processing and packaging for...
Everyone is looking at the trend line for CGC - yep, it's there for sure. However, since I believe the SPX be tanking for quite a while, I don't expect that obvious trend line to hold. Remember this stock has gone up more than 2500 percent since 2016! Sound familiar? If you are trading crypto, it should! A 78.6 percent correction is probable, if not more. One...
ACB announce on Monday 10:30 am the report for the latest quarter. Canopy announced the Constellation deal at the same time when the market was open. The hole market will see a Green Day tomorrow Have fun
Dear Traders, I've been fan of Kalytera for quite some while due to their future potential. Kalytera Therapeutics Inc is engaged in the development of a next generation of cannabinoid therapeutics. The company is developing CBD formulations and prodrugs to target specific disease sites within the body. This Company develops cannabinoid (CBD) therapeutics for a...
Dear Traders, Namaste CEO gave a live interview yesterday evening during which he shared his future plans and vision for the company and it all sounded very promising. Looking at the chart of Namaste, I can see a bullish divergence which occurred when the stock reversed. The price action is now above the 100 ma (which is now support) and under the 200 ma (which...
Still sitting in the demand zone, this is extreme low float.