alright, so Chegg is something that has helped a lot of college students over recent years. This is good news for the long haul. It's been trading in the channel following the gap up. It broke out of the channel but was unable to hold up there. It fell but the new low was higher than previous so that's good. That gap-up had a long volume stick and the...
alright so pretty much this bad boy needs to break and hold above 10.30 or 10.5 and it should be good for liftoff. they just announced some subscription-based thing for customers and that should help them out. Solar power is the future so hopefully, they keep breaking out with news.
keep in mind that it has been rallying so the previous support line is important...
The MJ Sector has been down-trending since March of 2019, still has yet to see a real bounce with a solid continuation. As of May 2020 it looks like we are ready to bounce but still, I am weary that they will do another fakeout breakout.
Anyhow, I am expecting MJ's price to eventually break above these down-trending lines. They are still rejecting the price...
Do Not Trade This! I'd personally wait for a retest around $6.90 before making my move. Might buy a few shares for fun tomorrow and see how it rolls.
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Cannabis stocks have been gaining from the start of this week.
RSI has been trending upward, but OBV has not, creating a bearish divergence. /Bearish
We saw the same three candlesticks ending on November 21st, 2019, leading to a strong pullback. (Red circle drawn in chart). /Bearish
Since May 2019, cannabis stocks...
Daily Chart is looking like a great long-term buy down here. Watching for a move over the daily 50sma and a continuation higher above $20.
It's been a rough ride down since March of 2019, We trended all the way back down to 2017 support on the North American Cannabis Sector shown here -> charts.stocktwits.com
This is just a try to time a good short on Apple, as I think they don’t hold he quality Apple stands for and are just pushed from recent earning season. Especially loosing their long time chief designer because cooks focus on business only is concerning for me. Now they want to focus on services rather than devices.
On the chart I see the price just testing the...