Look closely.. What do you see? I see laughter and curiosity.. An entire ecosystem lies right beneath your ego. Impossible.. I am probably wrong.. Right? Not. I. said the Hare.. Thanks for Pondering The Unknown with Me, Glitch420
I'll be continuing the earlier trade idea picking up close to the bottom and taking profits at the trendline. Watching valentines day news from CGC to help the sector.
GTBIF held nicely in this recent pullback. Bounced off the 618 daily FIB. one of my longs. I didn't expect a break out of the channel as soon as it did.
GTBIF is reversing its trend and rising with the sector, but lagging in how bullish it is. Weekly resistances shown... Gap moves on the daily but these candle stick wicks scream a lot of indecision! I'm long on GTBIF, originally played the channel from the bottom, and am looking for a clear retest to open a larger position.
I've been looking for an entry into the MJ market for the past 6 months and have been watching a few ones closer than others. GTBIF has established nice support and has bounced a few times now. They bucked the steeper downtrend channel and formed a fairly parallel channel enclosing the current base support. I bought in the other day at 8 hoping to catch a bounce...
GTBIF The stock is showing technical signs of successfully forming a bullish base on MACD divergence, support hold, and trendline breakout. Green Thumb Industries Inc (OTCMKTS:GTBIF) recently announced its financial results for the third quarter ended September 30, 2019. All currency is in U.S. dollars, unless noted otherwise. According to the release,...
Meaningful resistance approaches as the dropping 200ma comes into view. This would be a good opportunity to take profits is the rally can get that far.
Chicago-based Green Thumb (GTBIF – Get Report) owns the Rise and Essence brands of retail cannabis outlets, with more than 50 retail stores under the Rise name and additional outlets through third-party marketers. Green Thumb’s calendar Q2 earnings release showed $44.7 million in revenues, a 60% sequential gain and a 228% year-over-year gain. Organic consumer...
Is this inverted head & shoulders pattern on the hourly the first sign of a bottom for GTII? Be aware of that we are above the recent downtrends low and this could potentially be the higher low in the long term trend.
EARNINGS HIGHLIGHTS CHICAGO and VANCOUVER, British Columbia, Aug. 28, 2019 (GLOBE NEWSWIRE) -- Green Thumb Industries Inc. (“GTI” or the “Company”) (CSE:GTII) (GTBIF), a leading national cannabis consumer packaged goods company and owner of Rise™ and Essence retail stores, today reported its financial results for the second quarter ended June 30, 2019. All...
US MJ - CURA CWEB TRUL OH CL MMEN IAN HARV GTII Very disappointing day to see the sector correlate to bad CGC earnings more than TRUL positive earnings - including TRUL itself! We keep seeing these little hints of momentum shifts but the bulls HAVE TO follow through or they're proving nothing to us. And so far they're proving nothing to us
Very significant bullish day across the sector. If your name didn't react *cough IAN cough* you have to ask yourself why it wasn't participating in such a clear, sector-wide bullish day This is the first time in a long time we have seen the sector react like this as a whole We continue to see the shifting momentum and the hints of bullish momentum sneak up more...
US MJ sector updates Remember many names have earnings in the next two weeks
So many US MJ names have a weak daily candle with a long upper wick. You can compare names across the sector by their daily candles. CURA HARV stand out stronger, GTII and CL stand out weaker standing out weaker
Some names are getting crushed and very extended, we can anticipate the liklihood of short term bounces to set lower highs. bears are in full control all around
GTII has a key weekly support coming up with 4hr oversold and daily close to oversold. I'd anticipate that level to hold the first attempt if we drop right there without a bounce, but if we see a weak bear flag on the daily chart before testing that level next week, that would change the setup and I'd have to revisit this idea