NASDAQ:VFF
Looking higher in wave 3 following the completion of a leading diagonal wave 1.
Prices should develop impulsively through 1.17 and towards 2.37 against the wave 2 low of 0.6250.
A break of this low will invalidate the setup.
We've got an 0.886 Bullish Shark visible on the Monthly Log Scale Chart with heavy amounts of MACD Bullish Divergence, if we can reach the minimum Bullish Shark targets, then we should expect to see VFF reach 5 dollars in the coming months.
Every time it hit this demand level in the past it shot the price way higher, I'm looking for the same here and think pot stocks are ready for some serious gains looking at the charts.
TAKE A HIT OR LET IT SIT?
Village Farms International Inc is on a mission to get you high, but are investors getting high on their own supply? -- Let's take a look at what they're smoking...
On the weekly, $VFF looks like it's just completed it's primary 4th wave and on the last leg down on the 5th wave. Expect the MACD to start showing divergence as we near...
We have Bullish Divergence on the RSI and 2 Instances of Bullish Divergence on the MACD at the PCZ of a Bullish Bat Pattern on the Daily; the Moving Averages are beginning to curl up and the 4 hour is testing sitting at the moving averages at the Neckline of a Double Bottom at the time of posting.
2 days ago, on 3/2/2022 Raymond James brokerage Set a Price Target of $19.00 for VFF, Village Farms International, giving it a Strong-Buy rating!
The chart looks beautiful, VFF is sitting at a strong support, ready to start a reversal.
My price target is the 10.50 resistance.
Going to the 5.60 range and probably down to 5.00. The supply and demand are being fixed. This has high growth potential and attraction lots of new attention.
I think the ascendent channel will confirm.
This company just reported strong results on its third-quarter.
Plus, 2 days ago they acquired 70% of a company based in Quebec, additional to 3 more acquisitions in the past two years.
This will add cash, so the company can keep growing.
This is just my opinion.
I think Cannabis stocks will be the next EV`s in terms of market explosion in the next few years.
Yesterday, 8/17/2021 Raymond James brokerage Boosted VFF`s Price Target to Strong-Buy from $26.00 to $27.00
My price target is 20usd.
Two days ago Village Farms International Acquired 100% of Balanced Health Botanicals, a Profitable Leader in the US CBD Category,...
