I don't trade cannabis but found something interesting here... curious how it plays out.
$CWBHF is trying to break it's 6m high. C/H could be in play - I like the upside. Cut loss below $4.5.
The EMA is nearing a golden cross, positive technicals and oscillators and good momentum.
When legal recreational cannabis sales began in Canada on Oct 17, 2018, marijuana companies and investors were brimming with confidence...
A large industrialized country had finally legalized marijuana. And with an adult population of nearly 30 million people, Canada would finally show the world just how big and lucrative the recreational marijuana...
Charlotte’s Web (OTC: CWBHF) is one of the nation’s largest growers of hemp. And it’s laser-focused on the medical uses of cannabis. In fact, Charlotte’s Web was founded from Big Pharma’s failures.
Stanley Brothers is the founder of Charlotte’s Web. The company began researching medical cannabis when the Stanley brothers’ uncle developed pancreatic...
Average analysts price target $20.91 | Buy rating.
Company profileCharlotte's Web Holdings, Inc. engages in the production and distribution of hemp-based, cannabinoid wellness products. Its products is comprised of tinctures, capsules, topical products, powdered supplements, single-use, beverage, and sport and professional products. The company was founded by Joel...
Pot stocks have gotten really really ugly over the last few months. APHA reported another strong quarter and it gave a lift to the sector. This name focuses solely on CBD and no THC products. They have real distribution of their products. Technicals starting to look good as well. This and CRON are my favorite two names.
Charlotte's Web is KING in CBD space. Looks like a nice consolidation and now really oversold. Not sure if this is the start of next leg up but MACD and RSI looking favorable. Tried to get into next channel this morning but didn't hold. Pot stocks getting a bid today in general so not sure what to make of this. Feels like it got thrown out with THC producers...
Cannabis stocks may have formed somewhat of a bottom, large to small cap stocks are generally surging today, in what has been a terrible day within the markets.
Close watch should be kept on CWBHF for a strong reversal.
Charlotte's Web Holdings, Inc. engages in the production and distribution of hemp-based, cannabinoid wellness products. Its...
$CWBHF Now Trading Above All 3 Major Moving Averages
$CWBHF is one the most well-known cannabis plays for investors.
As we look for a rebound in the sector, quality names like $CWBHF will rally first.
Charlotte's Web Holdings Inc., founded by the Stanley Brothers, is an industry-leading pioneer and the world's leading brand by market share in the production and...
This is the first weed stock that I've looked at, and will be watching. I have a family member who received a "tip" that Charlottes Web Holdings has tremendous upside. I have not yet done any DD on this OTCBB stock, but I like the looks of the chart. It appears to be solidly trading in between the limits of the pitchfork I have laid out, and is currently on what I...
Long trade setup looking very bullish.
Fundamentals and technicals align for a nice trade opportunity.
Indicators have reversed and remained positive.
Good risk reward on long above $17
Wait for a MACD cross possibly to confirm bullish sentiment
Charlotte's Web Holdings, Inc. engages in the production and distribution of hemp-based, cannabinoid...
Charlotte's Web Holdings, Inc. produces and distributes hemp-based, cannabidiol wellness products in the United State.
Looks like it needs a breather soon , after a nice move of about 60 % in 3 weeks. just b4 the next run up.
After a deep correction CWBHF has made a fantastic reversal, and is showing very bullish momentum, having missed the initial move now is not the time to be entering a long trade. Our next set up is to long on a break above the .65FIB and the upper Ichimoku Cloud, it may mean missing some gains but a favourable market will still yield a 20% return prior to...