CRON DEAL WITH MO AND ITS PRICE ACTIONThink Cron headed to 20 with this breakout of 12.89 resistance and with a bid at 12.50 from the MO investment this is looking good long term. At least in the short run should see new highs if market co-operates.Longby tfyisrich0
CRONbuy pullback/profit taking Goal of entry $12- probably wont pullback that far My tacking- entry around $12 max risk $1500 stop loss approx. $0.50 3000 shares = $36K Longby DigitalMoneyTraders1
Short CRON, look for $6.80Lower highs and lower lows is a consistent trend. Marijuana stocks are missing earnings badly and overblowing estimated demand from Candian consumers. Companies like CGC and TLRY are badly missing Street estimates and continue to trade at ridiculous valuations w/o numbers to back them up. CRON market capitalization is $1.46 Billion when quarterly revenues are $2-3 Million! Major short but patience is a virtue. Shortby aayushdaveUpdated 222
CRON ramping back upCRON has been holding up nicely; respecting it's 200ema and in play *as always* above 6.9 to the long sideLongby Wingfield1
Okay I am Out for Now.....I Don't Trust it.I doubled down on my short at $11.30......I am hopping out now because I don't want to be greedy. Greed has cost me a lot of money in this game, so I have learned my lesson. Good thing is, I met my goal, and made my profit for the day. I played around with this stock twice, jumped out before the huge spike, and I will jump out now. I am done for the day. Good luck tomorrow guys.by RogueTrader11111
Well Now.......No words for this unnatural price movement. You guys see this? Loading up on my short.Shortby RogueTrader11222
Took a risk and shorted again lol.So I took a risk and jumped back in to short CRON. I jumped out at 8.90 and jumped back in to short at 9.20, and boy was I right lol. I held again and it paid off. I am hopping out because I don't want to be greedy. Good luck out there guys.Shortby RogueTrader11221
Short?So Based on the pattern, CRON can't seem to push pass the resistance point. I shorted at $9.12, and so far so good. I will hop out in the next hour or so, as I do not hold over the weekend. Good luck out there guys.Shortby RogueTrader11110
Cronos relative potentialCronos market cap. 1.2B vs Canopy Growth market cap. 7.8B and Tilray market cap. 8.4B Has relative potential to grow in comparison with Canopy Growth and Tilray. Long term idea without predefined stop loss and target profit. Disclaimer: not investment advice, not qualified licensed investment advisor, author may have positions in mentioned assets.Longby assets123Updated 3
Bearish CronosThe short term bearish trend challenged all the floor lines that were suggesting an upward trend. Now it is time to wait for it to either truly reach the MA 40 or to actually touch the MA 100. If it touches MA 100, would suggest a BUY opportunity based on my experience. However, it is always wise to wait for a bullish candle before making a decisions. PD: Cannabis stocks are incredible volatile. Shortby Xo01
CRON - 618 headed to 500 retrace9.05 headed to 9.80 range with mid-term elections giving positive vote. Short thisShortby Pokethebear0
Cronos group hit resistanceJust sold $Cron @ $9.00. Probably it is coming back to support now (200MA). Let's wait next midterm elections, because if Democrats win representative it would be a big boost for Marijuana's related stocks. by Anton_curatola3
H&S pattern on Cronos !?The firgure is not perfect but if prices break through the neck line I will short this stock !Shortby Delta_AceUpdated 1
bullish: hourly uptrend support levelsbuy stop loss: hourly support break profit targets: 4 hour time frameLongby jmallow2
CRONOS 5 RRR shortReposting this since TV removed this idea earlier for containing links to my telegram group. Trading Methodology: 1. An asymmetric bullish/bearish pennant is drawn using ascending and descending curved trend lines with a minimum of three price action touche points per line. The direction is determined by the previous trend. 2. The angle tool is applied from the earliest two trend touch points, beginning at the earliest touch point. 3. A trend-based Fibonacci retracement triangle is drawn starting from the earliest trend touch point and ending at the earliest touch point of the opposite trend line . 4. Based on the degree, of the earlier defined angle, the appropriate (and secret) levels are selected for the fibonacci retracement ; two levels for stop-loss and two levels for take-profit. The closest stop-loss level to the current price level is the top priority stop-loss. Though the secondary stop-loss level is often chosen for some markets such as FX and some equities in order to account for seldom unexpected resistance breaks. The greater target level is the top priority, and where majority of the shares are sold, though some may choose to close part of the position at the first target level or set it to be the stop-loss once price exceeds it. Entries should be laddered in around the levels closest of the yellow line. This trading strategy can be applied to any market and time frame, and positions most often garner the greatest risk-to-reward ratio with the highest success rate. What more can you ask for? I will only be posting my unique trading strategy until EOY. I work solely with price action to identify pennants and apply unique trend-based fibonacci retracement levels for SL and TP levels. Reach out to me if you have any questions.Shortby fiboracleUpdated 5
RED Light - GREEN Light, sorry GREEN Light - RED LightCRONOS Group likely going full retracement to low $6's. Oversupply, VIX, profitability, recent losses and await when larger institutional buying allowed Federally. November review watch. Few others here. CRON CGC ACB APHQF CVSI CBDS Pick'n shovel stocks: SMG BLOZF KSHB IIPR OTC:MNTR NASDAQ:MSFT NYSE:BELongby Pokethebear0
CRON Head and ShouldersThe Cronos Group Inc chart, in a 2-hour timeframe, has formed a Head and Shoulders pattern that gives us the opportunity to set a short position to $3.80 and a Stop Loss on $9.50. Ratio Risk/Reward 2.3Shortby Santiagooduran3