Good Afternoon Everyone, Over the past 2-3 years, I have been keeping a close eye on a list of cannabis stocks (medicinal and recreational) to see how they react to different market conditions. One company that has really peaked my interest lately is Aleafia Health (ALEAF). This is a company I have been watching since 2018 and has steadily moved downward since...
Aleafia Health, Inc. engages in the provision of healthcare services, which focuses on medical cannabis healthcare solutions. It operates medical cannabis care through medical cannabis clinics, processing and distribution facility, and innovative research. Its brands include Emblem and Symbl. The company was founded on February 02, 2007 and is headquartered in...
Price at a pivotal location - could break down and look for support around sub 0.49
Multiple supports have converged on the end of a double falling wedge just as the company says it is about to turn a profit.. but has a potential snafu with one of it's suppliers (Aleafia). What do you think?
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Let's see if Aleafia pull's a Miracle and goes Green...
So far this week is an outside bull bar, higher low and possible large high two bull flag. However the bulls need this week to close on its high as a strong bull bar. The bull breakout gap from the January rally has been filled, but there are still open bull gaps below. If instead of closing on its high, this week turns down and continues to sell off, the bears...
Triangle tightening. Consolidating nicely at trend line, looks like solid support in this area. MACD also consolidating. Bounce here to upper resistance (Wave E). Should set up over the next month for a breakout. Stop @ $1.10... Breakout area above $1.45 ish.
I'm trying to coubt the wave of Aleafia and seams like a iii minor of a III major started. Could be possible? I hope Yes!!