it seems that it needs a bit bumping up very soon
Cron price to book .77. Daily SFP on the 20 day low and bullish divergence. first target 2.61 for a 8.3% gain stop loss at 2.38 for -1.24% for a 6.67 R trade will see how it reacts when we get there for a potential next leg up.
I believe the bottom is approaching for weed stocks.
Fundamentals: + Weed + Established pharma and re-creational contacts. + Key moment for the "Legalize it" movement Opinion: Cron and Aurora canabis are the main names in the publicly traded cannabis's industry. As governments attempt to fight inflation while walking the recession line, it becomes a "Win-Win" for legalization and governments. A number of...
Daily bullish divergence on the rsi, as well as a double bottom, suggests price movement goes up in the near future for cronos.
Weed stocks have been flying lately, and it is time for them to take a breather and correct into a deeper wave 2 before blasting off.
Going to accumulate at this level for a long term hold.
you can see that whenever it crossed the 45 degree angle before it had a nice run.
Really like this cron count, it helps me check off another in the list of bull on the cannabis side. I think we have a good year in MJ coming.
Cronos Group, Inc. engages in the production and distribution of cannabis. Today we will take a look at the chart, and we will define what's the scenario we are waiting for before trading. Between 4 to 5 dollars we can see a support level that has been working since 2018. That means that we are in an interesting situation regarding a historical low from where we...
We are heading into an accumulation zone on many companies within the sector. It seems that valuations on Canadian companies are quite a bit cheaper for their own reasons. My take, put capital to work at attractive levels in some of the leading players. Maybe before the politicians try to get reelected in 22 and need something to pass in order to have a leg to...
I normally don't make such videos but for whatever reason, I just wanted to share with you guys about the side hustle that i learnt of one of my LATE Granddad. Buy Low, Sell high. Buy some cheap Stocks at a low price and forget about it. 10, 15 years down the line, you will thank yourself.
With international production and distribution across five continents. Cronos Group is committed to building disruptive intellectual property by advancing cannabis research, technology and product development. With a passion to responsibly elevate the consumer experience, Cronos Group is building an iconic brand portfolio. Cronos Group’s portfolio includes PEACE...
Cron seems to have entered the third wave of wave three which should lead us to a 31-40 dollar price target over the next 2-3 years.. BUY and HOLD
Due to increasing in buyers volume, we are expecting the price to climb higher. Make sure to apply SL and TP to all your trade.
As seen, CRON is forming a H&S pattern with shoulders at 9.14 to 9.42 range. End of shoulder is at 7.00. End of H&S pattern is at 4.92.