Chart painting from the early 21st century, artist Maxi Scalibusa. No investment advice or a recommendation to buy or sell any securities. This is entertainment. Start 6.25 USD
Not a financial advisor. SNDL has been dragging along in the market. It needs to reach compliance - with the markets shifting green we could very well see the much awaited spark here. 3 white soldiers reversal up will solidify that run. It would certainly attract more investors. This is a high risk play - But one I'm willing to make. Momentum is shifting...
Cannabis is back on the menu. This stock has been oversold for a while. The trend is broken and a rip is coming. The hedgies algorithms have been pushing low cap stocks and meme stocks down for quite some time. They used everything and the kitchen sick to dip below support levels. The time is now to cover and don't say I never told you. The rip at will likley go beyond 60%
Nvee : Cup and handle. Long above 108.5. Stop below breakou t candle. Target on the chart. Trade safe!
Found this beat up old emerald mine collecting dust. Time to keep those puffy eyes peeled for the imminent breakout. For starters there is a classic diverging MACD tilting upward into price decline. Now taking a look a volume it's clear where traders have come in before. More often then not these levels are reactive so could be a move coming. Should that...
I like SNDL at .50c but I'd love to buy sub .40c that be a great entry into 2022 MJ sector will be on fire next year IMO
$TLRY is looking like it is getting ready for another pump once it breaks out of current trend. My points being.... 1. Strong Bullish RSI Divergence 2. The Old Supply area is acting as a New Demand level as seen with the red arrows 3. TLRY is creating a Falling Wedge Pattern which is known for being a bullish continuation pattern 4. The ATR is in an uptrend...
Break of 4 month downtrend in a big way. Bipartisan regulations in congress.
Double bottom on the daily. Cannabis regulation in congress.
Expecting a W2 test of $8.37 here B4 W3 can make any push to my higher targets.
A cleaner and clearer version of the linked idea.
Chart may be difficult to read or understand but this cycle setup is similar to the 2015 setup. Looking for 70 between Jan 2022-May 2022 and 300+ into year end 2023 if pattern repeats. I am long asf
Anyone been following SNDL is a true believer. After massive losses for months, the conditions are ripe for a short squeeze. Very favorable earnings report, 300 mil shorts, lots of upside. This is a no brainer my fellow apes.
Cronos Group, Inc. engages in the production and distribution of cannabis. Today we will take a look at the chart, and we will define what's the scenario we are waiting for before trading. Between 4 to 5 dollars we can see a support level that has been working since 2018. That means that we are in an interesting situation regarding a historical low from where we...
There's not a strong fundamental analysis around this post but the chart looks great Breaking out of our Downtrend line and flattening out. The weed industry has been bleeding out all year and it looks like its about time for a little rally. Sundial has been making moves this year acquiring Spiritleaf and Alcanna inc. With that they are back down way below this...
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...
Very very bullish on this name and sector. ACB has formed a falling wedge and a rounding bottom consolidation. With earnings on deck, im confidently long given my previous post on this being a similar setup to what we saw in 2015. DIAMOND HAND IT above 6.61 breakup daily candle.