CANN, looks good here. Breaking out above the MA's higher hi, TSI above zero. Lets go, what's not to like.
Mass Roots operates a technology platform for the medical cannabis community in the United States. Its platform enables users to share their cannabis content, follow their favorite dispensaries, and stay connected with the legalization movement. The company's MassRoots network is accessible as a free mobile application through the Apple App Store, the Amazon App...
Can't go up forever without some sort of consolidation around these price levels. Looking for a healthy correction to around the 0.618 fib and then hopefully more movement upward. The fundamentals look strong and the price/share will start to look more and more undervalued as the winter months drag on.
Canopy Growth Corp. has been ascending on descending volume . That is a bearish sentiment. This bull run will come to an end shortly and a more bearish sentiment will take form. The chart follows the bearish sentiment that is seen across the market.
This is a retest of rising wedge broken support.
Canopy Growth Corp. has been ascending on descending volume. That is a bearish sentiment. This bull run will come to an end shortly and a more bearish sentiment will take form. The chart follows the bearish sentiment that is seen across the market.
Okay this is uncharted territory for me. But it looks like the marijuana market is in a large sell-off. I expect prices to go up a little and retrace downwards. A short position may be opened when the price breaks the bullish trendline in the descending channel.
This looks like any other shitcoin in the crypto market IMO.. A bounce to $36-$39 looks like a great short to me and $15 would be my minimum target.
IG: @BULLRINGANALYSIS seeing channel breakouts over the past few trading months RSI is is good position for forward growth in the short term we can see this price drop to it's second support level (upward trending), and then possibly bullish movement Increase in adoption as legalization increases in early 2019. Analyst EPS estimate increase in future not...
IG: BULLRINGANALYSIS upward trend on RSI Cross on diverging triangles MA crossover into bull territory Follows DJI fairly close. Short term decline in realm of possibilities, then small pump upward not financial advice
Canopy had a masSive sell of in the recent weeks and its time for a bounce. RSI is oversold and pointing up. Not a trading advice! Looking for a short-term bounce from these levels #cgc #canopygrowth #weed #weedstocks HAPPY TRADING!
Waves might not be perfect but HEXO ( HYYDF ) is due for a pullback. Watch price go up on Wednesday and it will do so in 5 wave pattern. Looking hit $5.00. VERY RISKY trade but could pay off. Not looking to see a major upswing so be cautious. Not a trading advice, only analysis. RSI is oversold on Daily and Hourly charts so time for it to go up. Happy Trading!...
Good day folks, Aurora Cannabis has been on a wild ride. There is support at $6.00 and it is likely to be tested again. If this support doesn’t hold, it could go back to breakout price or $4.00. I prefer not to mention the large support at $2.00 as it would be a complete catastrophe for the stock imo, however I would load big time at this price. Until the stock...
Beeing smart money has never been so obvious as with weed. I was traveling in canada and north america a couple of years ago and I noticed that a lot of "normal people" had stuff to roll a joint at home and the first non medical shops for weed were opening. It was so obvious that it was the right moment to put some money there. If we look at canopy is actually...
I might lose a few people on this, but I'm running an experiment to show that there is definitely something weirdly accurate specifically about the "timing of swings/big moves" when using Fib Circles if you use them correctly. Area's of interest I color-coded in TEAL or PINK. You can see this circle was simply drawn from a major low to a major high on a high...
Tilray has broken downwards and today may mark the start of capitulation. The definition of a financial bubble argues that capitulation will lead to the return to mean trend line for the underlying commodity. In this case, a price target of around $45 is the target for the end of the year. However, Tilray is extremely oversold so it's not out of the ordinary to...
Fundamentally $SHOP is growing revenues 50% yoy. That was before the Cannabis craze came into the mix. Here we see that the downtrend is being challenged, double bottom with RSI divergence and support from 78% extreme retrace. Earnings or positive sentiment from Cannabis space could lead to another substantial moving.