I have been following the weed sector closely as it has a favorable vol indication for someone with my size and have determined that there is a strong probability that we are due for some oversold bounces in this sector. Might be worth throwing in a bet and calculating RR accordingly. Modify as needed according to your risk tolerance and size.
This trade setup mirrors my previous trade idea of Aurora but has a bigger risk gap with the stop-loss price being further away from current price. Read the description of my Aurora trade for more information on my reasoning for a long at these levels. Always respect your stop-loss!
Target 1: $8.00 (16%)
Target 2: $10.00 (45%)
Entry level $7.57 = Target price $9.66
Risk reward for a long trade seems pretty good at this level. If you were buying at $17 why not at $7.
yesterdays bill passed by the House is the first signal for the shorts that it may be time to switch allegiances.
P/e ratio 7.39
Short interest very high at 26.91%
Cronos Group, Inc. engages in the production and sale of...
Got a Vanguard notification of a purchase this morning. I'd like to attempt to document, on the same day, all individual stock purchases for future reference and timing studies.
Purchases are Long-to-Ultra Long term holdings. This will not be one of my forever-holdings.
Companies purchased reflect positive outlooks on - Valuation, Growth potential, Technicals, and...
The CRON stock price can go up from 6.885 USD to 12.089 USD in one year.
The long-term earning potential is +75.59% in one year.
In five years (2024)
The CRON ("CRON" ) future stock price will be 21.804 USD.
Here is an update on CRON. Remember months ago traders where worried about missing out on it as it sky rocketed up?
We posted "Don't chase it, Retrace it!"
Now its coming down to reasonable and bargain levels.
.... just a bit lower please.
Really like the $6.85 - $6.50 area. as shown by a number of different measurements and harmonic pattern.
We are looking for 5...
We've been watching this stock for some time now. In fact it has sold off drastically in the past.
Will the upcoming earnings pop the stock price? or will it drop down and trigger stop loss orders?
We would like the harmonic ratios shown with the blue C=A wave to complete at $6.85.
Also note that if pink C extends and = 1.272 x A, we get the same price of...