Buying staggered calls over 3 month frame. Once again back in after almost 3 years. FOMO is gone fair value is near and some great swing trade near!
Cannabis is still in the early fases off acceptance and adoption. Wild swings are expected. I expected this drop, looking at my previous anlyses. For long term holders this is no big deal. Looking at the RSI on the daily level, it is oversold, also touching the 0.236 FIB level. This is a perfect buying opportunity. I do see the risk it to go in "extreme...
HMMJ , could be a great buy. Price almost reached the ATL. It also break on the trendline or descending channel. But it could also be another faker.
HMMJ has broken out of this long term down trend. The sector could gain some momentum again if there is any favourable news about easing US laws regarding MJ. I would expect resistance coming into the 236 fib retracement. I will take the sector more seriously if price can consolidate below that level and then break higher. No positions yet.
The weed sector is getting close to start a new bullish uplgeg.
Very good entry point at 7.36, lets see how far this move will take us.
Major trend lines meeting, into major demand (Monthly/Weekly), all indicators pointing to the upside and reversal.
I am loading up on marijuana stocks now! I have a feeling it's going to bounce up from here! BULLISH ON HMMJ!
Looking to move up.
Hi guys! We might have seen the bottom for the Cannabis stocks. I really like the candles being formed. More downside is possible to 8-7.5 where i would buy again. Below that is just bad. I don't often do a 'path' prediction, but i give it a shot. Iw we don't go further down, imagine the path botom starts here :). So, on the daily chart we bounced form the...
HMMJ seems to be consolidating and getting ready for a move above $20 again. Ample liquidity and favorable conditions for the weed business will likely make this happen in the next few weeks.
Start of an uptrend? legalization is rolling out across a massive market, America. Price has popped and now retraced back to the 61.8% Fib level - significant. It's a marijuana ETF, broad exposure across a huge sector. last weeks Doji. 2.5:1 RR
This is a perfect indicator to determine the trend direction! 💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲💲 ✅ Uptrend strategy: When RWI high (purple in this video) is above the RWI low then the trend is up. Combine this indicator with the Fisher Transform indicator, then open long positions as per the Fisher Transform when the trend is up. ✅ Downtrend strategy: When RWI...
Looks like a reversing MACD candle, great time to get in if this level holds tomorrow. The chart is showing rebuilding and formation of a potential breakout.
All TP's was done from prev Idea. Now we stay on TP1 or 14$ support line. What to do on Tuesday if you buy on 18$+ or want to buy? We have 3 scenarios: 1) Panic sell continuance. My SL right now on 13$ lvl. The best idea here close the position by SL if we drop under 13$. 2) Bullish: we consolidate or start growing to 16$ and break out to 18$. 3)Bearish: We...