Many pot stocks have bottomed. CRLBF is supposed to come with killer earnings, but Trump blocking stimulus may see us dump before pump.
Earnings beat and a solid confirmation of successful integration of Origin House. Will we see a break out today? After all, these are not the kind of earnings to sell, if you ask me.
Cresco Labs Inc. engages in the business of cultivating medical grade cannabis, manufacturing medical products derived from cannabis cultivation, and distributing such products to medical or adult use consumers. It focuses on regulatory compliance while working to develop condition-specific strains of cannabis and non-invasive delivery methods. The company was...
Good Afternoon Traders, Due to the recent earnings report released by CRLBF and possible formation of a new Support, the recent upward trend may continue to a new Resistance. The Cannabis Industry has been releasing positive Quarterly Reports during the ongoing COVID crisis. This may prove Cannabis to be a more inelastic good than previously thought. On the...
Evening Traders, Today’s Analysis – CRLBF – showing signs of a confirmed trend change, holding structural support will establish another higher low. Points to consider, - S/R Flip at structural level - Structural resistance (Immediate target) - RSI Cooling off - Stochastic in upper regions - 21 Moving Average (Visual guide) - Increasing bull...
Factors to Consider - Major channel break completed - Volume steadily increasing - Regained the Fibonacci .236 levels as support - Huge potential is regulations change in USA - Much better fundamentals than many of the better known Canadian Companies. - $5.96 the POC (redline) is crucial level to cross for the Bulls
Hello All, New to Trading View and really Tech Analysis in general. I made good gains going long in the channel over the past couple days. If you look back in history it also channels nicely on the down trend.
A company with excellent moat, solid fundamentals and rapid growth. Earnings coming on Monday. Direction will largely depend on the numbers. Trend line broken, now packing energy to attack weekly resistance. Above $6.50, CRLBF will be free to pursue new highs...
Maybe the tides are finally turning for the cannabis sector as the mass selling seems to have came to a halt.
CRLBF seems to be tracing a minuette 3rd wave of minute wave 3. In this scenario, prices should reach higher levels than 4.00. FOLLOW SKYLINEPRO TO GET UPDATES.
Cresco Labs Inc. engages in the business of cultivating medical grade cannabis, manufacturing medical products derived from cannabis cultivation, and distributing such products to medical or adult use consumers. It focuses on regulatory compliance while working to develop condition-specific strains of cannabis and non-invasive delivery methods. The company was...
This company is still so young, it is hard to find levels of confluence and targets. I figured to just draw FIB chart from $0 to the top, to see how that would look, and it seems to provide more than just a few levels. I don't want to go out my way to analyse this asset before I'm certain that a bottom is in. Currently still trading below MA20, and I think it...
Good underlying strength, support at $6 held yesterday, fundamentally strong. Packing a lot of energy and could be headed for a break out at the first bullish news... This is a largely ignored MSO, and they are definitely worth a closer look.
Cannabis related stocks have the potential to gain a lot if we see new breakthroughs in studies on cannabinoids, especially on CBD (and other non-psychotropics). Public exposure to CBD is widening, with more large chain retail shops stocking them on their shelves. The cannabis business may be a tricky one for growers and sellers, with various risks in product...
Uptrend with M continuation pattern. Indicators show underlying strength. Merger with Origin House completed. This could get catapulted back to former highs, or at least the $8-9 range.
I'll be receiving my 0.71 Cresco Labs shares for every Origin House share I owned. I bought them at a discount, so I am very pleased that this merger is closed now. What is ahead for Cresco? Completion saw a small sell off, which I think could be expected. Not actually sure. Perhaps it was just the broader market playing it down. I think there is a bull thesis...
Cresco Labs Inc. engages in the business of cultivating medical grade cannabis, manufacturing medical products derived from cannabis cultivation, and distributing such products to medical or adult use consumers. It focuses on regulatory compliance while working to develop condition-specific strains of cannabis and non-invasive delivery methods. The company was...