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...
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...
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...
1) Trending downward on daily and weekly. Likely heading south for support at two step levels.
2) Oscillators poised to signal bottoming out RSI, MACD, Stoch
3) Consensio - bearish on all time scales, waiting for the flattening out of the moving averages
4) If market trends downward could drag it down toward step 2.
5) Waiting on entry point and watching for an...
It is so appealing to go for a long entry in OTC:CWBHF pre earnings, because it has been beaten down quite badly, but there may be just more downside and a better entry point. The technical indicators are all heading south and sell side volume continues to be high. If it were to drop out of the golden pocket below $14 it is a short to $8.
AVERAGE ANALYSTS PRICE...
CWEB has found support around the 19 range. In the next week or so look for it to squeeze up with the volume profile to 20x. Coming out of it's double bottom pattern could spring this stock up to new highs.