MSOS is an etf of marijuana stocks and there was a nice reversal hammer on weekly last week with volume. Options - Over 5000 2022 March $35 and 40 calls sitting in OI, bought earlier this week. Look for $37 target, area of reistance.
Over 7.55 its moving fast. Hold onto your butts HOLD ONTO YOUR BUTTS
Sundial Growers Inc. engages in production and marketing of cannabis products for the adult-use market in Canada. It produces and distributes inhalable products, such as flower, pre-rolls, and vapes. The company offers its products under the Top Leaf, Sundial Cannabis, Palmetto, and Grasslands brands. Sundial Growers Inc. was incorporated in 2006 and is...
Harmonic Triple Bullish Divergence Large Harmonic Pattern Bullish Divergence 21 daily ema Break out Potential.
This ETF is one that I know is actively managed and obviously no one knows when exactly is the right time to invest but we are nearing a support level and also the 786 fib retrace.. I am watching MSOS closely because as time goes, I would like to have a position in the space if buyers come in. I just dont know when is the right time.. perhaps watching this...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Recap: On 10/22/21 My team entered $TLRY at $11.56 per share. We still plan...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* $TLRY and other cannabis related stocks have finally broken out of bearish...
Weed stocks popping lately. Going with $ACB here as seeing some technicals that are showing the stock is ready start heading back up
Another beautiful, long Falling Wedge on TLRY here since around March. After that huge run from TLRY, there was much selling and bearish divergence on the chart from being so overbought. The run up left many gaps in the chart and they needed to be filled before TLRY could even think of going for another run. Bullish divergence seen on the RSI, RSI value is making...
What's going on with weed stocks?? There are justifiable claims that some of these companies could still be overvalued. However, despite declining price, On-Balance Volume remains relatively high compared to what we saw during the last major downward swing between March 2019 and March 2020. This could signal accumulation. Additionally, the UO (ultimate oscillator...
ABC - Double bottom of the decade Massive double bottom forming on what could be a 5 year long pattern at play . This $7 region is also a high traffic area of market structure in which we have seen flip in to support and resistance over the years Aurora Cannabis, Inc. is a cannabis company that produces, distributes, and sells its products. It also manufactures...
gonna keep it simple fibs retraced, retested and looking bullish big cup and handle higher targets and gap fill not yet reached Looking for a weed market wave up considering all the weed charts that are all looking very bullish. also have the momentum bullish entering the end of the wedge its in. Breakup by 11th to 20th of october? if it breaks down, we...
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....
WEED is looking for a "big" bounce here. 5 waves down to prior support. Looking for 3 waves up to target 36.35 which is the .5 fib retrace. Great RR here. WEED could go even higher and target the golden zone retrace around 42-44 dollars. But i am looking for an ultimate low around 7.88 to finish the correction and move to new ATHs. Trade safe, Devin
It looks like to me it is setting up a big macro ala BTC 2020 Netflix 2005 setup. Where weed is going to the moon. There is still time to learn about fundamental side of things. and there is still time to see this if this is going to be a classic macro continuation. This is an idea and lets hope we can transfer some crypto money into this when the bubble of...
This is truly, your one and only chance to prove to your wife that your weed addiction is paying off. After awhile, she will join you, don't worry. You are just an early crusader, the pilgrim, the visionary and she doesn't know who she really married - THE LEGEND. This is your chance fellas don't blow it. I mean look at this beauty. I am holding this bag until...
#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