Trying my beginners luck on my first post on stocks. I've been watching price action for Canadian weed stocks the past few months and it is now finally breaking out of bearish bias, especially Canopy. BEFORE entry, please look for confirmation on candlestick patterns or price action at important S/R lines. If this chart helped at all, leave a like or follow. I...
Hey guys, so I'm a young eager investor and I've taken up technical analysis as my focus. RQB is not a stock I place much value in through technical analysis.. as it's a speculative. For instance HC licenses change everything. However, I want you to take a look at the daily volume on this stock. Notice there's been a whole lot more buying volume (green), than...
- TSX:ACB broke above a declining trend line (1hr chart) - Prices are trading above their 20-day and 50-day MA (1hr chart) - Prices rebounded off their 50-day MA (daily chart) - Bullish divergence with lower lows on prices but same lows on MACD and Money Flow - MACD is about to turn positive.
- Prices are trading near top end of a rising channel - A 12% move for a new board member is an exaggeration. - Bearish divergence with money flow reporting a lower high while prices are posting a higher high (bearish reversal) - $HMMJ (weed etf) is signalling bearish divergence with MACD posting a lower high while prices post higher highs. TSX:ACB
spelled my name wrong...I R adult...Looks like there is some geometric and fib reactions on on the daily charts , but will this pivot hold??!!!...weeklies are like meh ...Notice how I mostly post charts where the price action is reacting in accordance to my chart analysis..I must be getting the hang of this whole posting charts thang....troll face.
Looks like there is some geometric and fib reactions on on the daily charts, but will this pivot hold??!!!...weeklies are like meh...Notice how I mostly post charts where the price action is reacting in accordance to my chart analysis..I must be getting the hang of this whole posting charts thang....troll face.
NMUS bio science has a few interesting medical applications in research for pot but did a name change to Emerald Bioscience inc ! this move makes me suspicious on naming close to another named pot company does have a up trend channel forming
CGC is currently in a very tight equilibrium pattern. Although these conditions are not ideal for active trades or anyone looking to trade short term, they are ideal for those of you whom are patient and are willing to wait for a break to enter a short/long position. Equilibrium patterns are my favourite pattern to trade from upon breaking as there is generally...
Weed stocks on the rise in 2019. Need all the brainless to tune in.
We are currently in a bullish pennant and I believe we are going to breakout to the upside. With the hype around the cannabis sector, it's not likely we will see a major correction before hitting all time high. Weekly Ichimoku cloud also indicates that we are in bullish trend for weeks and month to come. Be patient and manage wisely :) This is an analysis, not...
Canopy Growth Corporation is on strong long term bullish price action both on 1W (RSI = 58.856, MACD = 4.873, Highs/Lows = 2.6189) and 1M (RSI = 66.122, MACD = 12.099, Highs/Lows = 7.3414). Since mid 2017 in particular, it has been trading on Higher Lows reaching +1000% in growth. Using the Pitchfork to identify the pressure zone, we estimate that the asset is...
- KHRN rebounded off an interesting overlap level near $3 - bullish divergence with lower lows on prices but higher lows on Money Flow - MACD is about to turn positive. - Huge bullish engulfing pattern on the daily chart.
Place your bets expecting a big move 2/13 86 or 71?
The news about the sector looks like it´s a new commodity to add to our watchlist of stocks, furthemore the company have to ways of growing the bussines. The medical and the recreative way, so they grow the capacity of production and the customers are growing worlwide. In my opinion this company have a long travel and i want to follow very near, i just bought...
I think Canopy Growth will retest its support in the coming weeks. Much based around the accounting error and no short term catalyst to move the SP higher from a already high SP, price near ATH. I think Canopy Growth will find support around $48-55 Cad or as low as $40 Cad, depending on more factors then only Canopy. And with positive news around the Cannabis...
We know how fast weed stocks move when they hit proven support lines. One more trading day to prove 6.90-7.00 support will likely bring ACB >8.50 by 3/1. It's possible we'll see a little lag, but expected move should happen by 3/8. Peak-to-peak, ACB has averaged 10%-20% leaps. 10% leap from previous peak of 8.34 brings us >9.00 ACB trading at 6.93 while posting this.
Description PotNetwork Holdings, Inc, through its subsidiary, First Capital Venture Co., engages in the research, development, and sale of hemp-derived CBD oil products. It also engages in the pre-owned auto dealership business. The company sells its products through distributors and resellers, as well as through its Website. The company was formerly known as SND...