The chart is clear - this has the look of a huge flag breakout that could easily double in a short period of time. It's an obvious long without the narrative. But I've been watching this company for some time and love what they are focusing on and I find it particularly compelling. 22nd Century Group is a plant biotechnology company that has developed patented...
Absolute rocket stock with really promising technology in tobacco and cannabis. Emerging from base on light volume. Might be a decent 'cheat' entry down here. Long
Looks like XXII retesting lower level of 1.00, .95 not out of the question. 1.04 is the pivot here , so a close under 1.04 would be a bearish sign short term
Maybe a bull flag or ascending triangle as well. It looks like they're trading above the 200 Day MA, which is bullish for the stock in determining the direction of the trend at times.
will XXII slink lower or is this a scare tactic by our resident MM. Looks like they are slowly stair stepping down over the long term but allowing a channel to swing the stock over a set period of time. This has no news going for it, and company doesn't seem to care. Bearish until uptrend is confirmed or company issues some positive news.
- As seen on the left side of the chart, the HOLY golden cross occurred which shows a very bullish move - The 50 day moving average continues to be above the 200 day moving average (VERY GOOD SIGN) - As seen using the fibonacci retracement tool, there is strong support at the $1.89 marker - This pattern should lead to a strong uptrend and our Target 1 should...
I have been tracking this stock over the past couple years. There is alot of fundamental FUD and FOMO going on. Some therorize XXII is under investigation for claims regarding invalid results of some of XXII's products. Scrolling back you can see XXII painted a similar situation before plummeting in price. A clear break of the support line in blue would...
Market settling down and XXII poised for recovery at 0.236 Fib entry of $3.25. Not good if it goes below this. Wait for CCI to turn upward -150 range, likely within next day trading. Look for resistance to break upward in next week for next area most likely 0.5 (2.50). Solid stock for nicotine free tobacco and acquisition candidate. Cannabis stocks started...
Setting up to buy XXII at the .618 retrace of the break of double bottom structure
If XXII fails to break previous resistance level I would get out and cut losses if you are a bull trader...bears might stick around and reap the long term benefits coming up this year. If you are a swing trader such as myself, check for that 3.20 to 3.40 if XXII breaks that previous resistance level and creates a new support by the end of the week.
1-year long consolidation. Watch close this Friday.
IT'S COMING DOWN, BUT PROFIT POTENTIAL IS UNDENIABLE...One must trust one's plan and charting method. Let's see what happens...
The stock is in an uptrend since end of July, there were recent major fundamental catalysts that moved the stock higher. After a period of consolidation between 2 & 2.85 $XXII broke above with high volume.Currently holding a position from 3.07 looking for a retest of 3.34 resistance, then 3.50 & 4 my target levels, my SL below 3. $
Just crossed MACD and has shown in the past when it crosses it runs up about 45%.
Long term penny stock option pick. They have many exclusive patents regarding nicotine and cannabis researcher.
XXII is in the middle of a corrective structure after the previous wave up. It has found a good support around 1,35$. Now it's approaching the upper trendline, so let's see if it breaks up driven by news or if it goes for one more wave down.