I am watching this stock to turn around. Price is heading towards its IPO entry price and appears to be a nice zone to prepare for a buy.. Once resistance breaks, I will look for an entry
Hello Traders! Today’s chart update will be on CRLBF – CRESCO LABS INC, potential trend reversal if local resistance is broken. Price is building up near resistance, is a break imminent? Points to consider, - Trend bearish, attempting a higher low - Support provided by the EMA’s - Local resistance being tested - Stochastics projected upwards - RSI respecting...
OH stands to gain the amount charted here if CL merger is approved. Each OH share will be worth .8428 CL shares
OH and CL bulls are starting to buy the dip but have a lot of proving to do and even if they do show up, we're just looking for daily lower highs
There's no real historical point of comparison to anticipate a bounce, all levels have broken
Just drew a Gann diagram for CRLF. Looks like a downward trend, but a frequent rebound seems likely due to the 200 MA and support levels. It's been trading sideways for weeks now. Potential for a slow drop to 9.9 support, buy it, then could easily climb to 11.5 and would be worthy of being sold. Don't buy now. Wait till next week.
From what we can see the company is doing things right and they acquisitions seem to be a great strategy in getting a larger footprint in the states that hold the greatest value. To best analyse the company, we have attached a small section of the transcript from the most recent earnings report. EARNINGS TRANSCRIPT "In the first quarter, we generated revenue...
CRLBF - Cresco Labs Inc buying ORHOF -OriganHouse inc / CannaRoyalty Corp in March , acquires VIDACANN , an MSO in/of florida making it as big as CURLF-CuraLeaf Hldng Inc HRVSF-Harvest Health & Recreation Inc