LONG ACB.TO, CRON.TO, WEED.TO Looks like a good week ahead for some of the cannabis Stocks. Stochastic breakout, ADX crossovers, SMA crossovers, and previously counter-attack candlestick pattern. ACB , CRON , WEEDLongby ibakurov2
Weed: potential 2 swing trading opportunitiesHello traders, If you remember my previous analysis for WEED, I mentioned there were two sell zones before the legalization of WEED in Canada, I am hoping that everyone made sizable profit :) Looking at daily chart, we see that WEED found support around $41.77 and currently hovering around 23.6% fibonacci level. Usually with 46% drop like this, we should see at least 38.2% -61.8% retracement. Therefore, if I see WEED goes above $50.11, I am looking to short at $55.28 , $59.45 , and $63.62 depending on your swing trade strategy. However, in case WEED reject %50.11 next support is $33.89 and this will attract a lot of buyer. Happy trading!by x45luUpdated 4
another bear flag possiblyfor reference. If there is hesitation in breakout or near top trendline, could be good short opportunity. A strong breakout might go and test 60$ but momentum still favors downside.Shortby MysteriousPersian2
Possible bearish pennant on the 15m.This small correction could end with the stock trending lower. It would set the stage for a lower opening tomorrow. Shortby mastadex2
Canopy - oct 30, 2018i want to see $41 touch but probably wont, reverse would push to $47 then reject or break out. fformaing huge H&s daily by HunterKm4
Canopy - Oct 29, 2018i am bearish but buy/sell in first diag zones and intend on reversing.by HunterKm0
S&P500 Recovery will boost run up to earningsThere will be a run up towards WEED earnings, since it's the largest MJ vendor in Canada. This will be compounded with SPY recovery. by mastadex2
Weed - Sitting on 618 fib level, possible 200 DMA targetWeed - Sitting on 618 fib level, possible 200 DMA target by Earnings date Nov 14th. I think it chops here until earnings, then further down side to 200 DMA. Could form bear flag on daily chart in a few more days. by hockeysniper113
Weed stocks ina pull backIt looks like Canada Weed in a pull back. Possible pull back due to projected shortages by suppliers. Any weed announcements coming out of the US could break this consolidation. Insights ?by Gibson6080
WEED/CGC Still looks strongWEED/CGC suffered some heavy profit taking today but held above the consolidation area. Will watch closely how price acts as it pulls back to my buy zone because I don't think the party is over yet at least not for this name.Longby WadeYendallUpdated 7
Short WEED It looks like its topping out. Most volume price action happened around $11. People are going to start cashing out not its legal in Canada Shortby TraderN80
WEED - Bearish DivergenceDear Traders, As we can see WEED managed to make a nice run, but as I said yesterday, better not enter because this is a time bomb. And guess what happened. It dropped, and in my opinion it's not ready to go up for some time. This bearish divergence happens when we have a new high, but RSI shows us a lower high. It's time for a big retracement people. Any thoughts ? Feel free to join my new Discord Channel if you interested in talking to me and others about stocks, info and of course opportunities! discord.ggShortby Raw_BlitzUpdated 224
Biggest WEED Crash Coming We are currently falling from the top of the biggest MJ bubble in history. Given the recent sell-off, my educated prediction is a possible outcome in the next week or so. by UnknownUnicorn36370295
time to start shortinglooks like we might have reached a top. Time to start shorting the marketShortby MysteriousPersian1
Long Range Forecast for Canopy Growth Corporation Stocks (WEED)The Canopy Growth Corporation (WEED) stock has been trading at the top of its price channel for many weeks now, will it continue to keep up the strength, or will we see some short term dips in price? This is my forecast for the next few months. Like the idea if you agree and follow me for more ideas like this.Longby James_Winsoar0