The idea is on the 15 minute chart here- See also ideas for OBI, ACB, TLRY, and CGC
Germany also is pushing full legalization. A new day is dawning? Several states are working
on releasing minor offenders ( clemency and pardoning).
YCBD is risky but the potential rewards are great. As for me, a fair position with a stop loss
of 10% targets of 50%, 100% and...
Accuracy in direction. I started with penny stocks then forex. Through it all I stuck with reading the charts and understanding it. I've used tradeview as a diary for myself.
Went on a long vacation to my home town!
Here comes some updates on stocks that I have been watching.
YCBD looks to be in a descending wedge.
I will be cost averaging into this stock waiting for the break of this pattern.
No investment advice!
I do this only for practicing.
Info on Chart
Nice uptrend, broke strong resistanc aka support from 2018
volume increasing recently
Weed sector might forming a new leg up
Still fairly new to stocks, this is an update from last post.
I see a possible decline, this has had an upward pump after a downtrend and I assume with my 'clear to understand' trend lines that the pump is over, or this could be a fake out.
Im new to stocks so take my ideas and thoughts with a grain of salt.
I noticed a trend downwards and I was keeping up with the trend then it broke out of my cone, my prediction is it will go up more but I will be watching.
Any ideas or thoughts of your own would be nice.
No resistance until $2.20. Then it will retest the open, re test high (fail probably on first test), then fill the gap and moon after that. Of course anything can happen, but that would be my price action analysis.
This all assuming it Opens over $1.30 anything below that this is invalidated 100%
Possible trade setup into earnings Monday after the close.
Alert set for move above $1 with $1.20 as a very reasonable upside target
very reasonable p/e 8.5
Company profile
cbdMD, Inc. is a nationally recognized consumer cannabidiol brand which engages in producing and distributing of CBD products. Its products include CBD tinctures, CBD gummies, CBD...
