Well hello there im jour personal guide for today in how to boktor alles zo in mekaar mjonge . did this with the help of analysis and statistici van die praat we nie
Just like the Ball in Times Square every New Year's Eve, the Canopy Growth stock is currently dropping it low. We expect the course to dig deeper into the blue trading area between C$3.49 and C$0.70 until it finishes the grey wave II. After completion, we're expecting the course to rise further North in the longterm. In our alternative scenario, the Canopy Growth...
Purely technical, haven't done fundamental analysis on the sector. Double bottom on Renko + log. Renko for noize reduction and log should also give a nice boost if this probability plays out.
WEED chart on the 3D time frame. -Weed looking good here, imo. 3D 13/48 MA cross imminent, but 48MA not yet turning up -Bollinger squeeze in progress, nice channel -Volume increasing These are the technicals I look for. None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis'...
Very early to tell and all breakouts at some point look at bit like a double bottom, but this looks a bit like a double bottom. Been wanting to buy weed stocks since the high and all the way down. I think cannabinoids have many potential benefits and may be an important industry. Just didn't make sense while it was in a speculative bubble and didn't make sense...
The Trend Reversal Trade, can it work? I have been trading the market for 10 years & the statistics in NOT in your favour, this type of trade has a low probability & trading is a game of stacking the probabilities in your favour. this is to be distinguished from investing; which is a whole different game. Back to the infamous Trend Reversal Trade. This is the...
wow, hard to believe canopy is getting near my entry point in 2016-2017. This stock has been a rollercoaster since rec legalization in Canada. A Potential trading range is highlighted in green. Any price movement that is sustained below or above the green lines is noteworthy. If WEED doesn't hold the green line of support a gap down to CAD $2.80 is highly...
Good support level. It's possible we seen the final headfake of the down move during that last swing. Strong RR opportunities here.
Weed is on the bottom of my price channel, a good idee would be to buy in now, and sell on the upper lines. the stock is now 83 % cheaper, so i think its worth the gamble. The resistance and support lines are drawn in log scale, same as in my previous posts.
WEED is looking for a "big" bounce here. 5 waves down to prior support. Looking for 3 waves up to target 36.35 which is the .5 fib retrace. Great RR here. WEED could go even higher and target the golden zone retrace around 42-44 dollars. But i am looking for an ultimate low around 7.88 to finish the correction and move to new ATHs. Trade safe, Devin
It looks like to me it is setting up a big macro ala BTC 2020 Netflix 2005 setup. Where weed is going to the moon. There is still time to learn about fundamental side of things. and there is still time to see this if this is going to be a classic macro continuation. This is an idea and lets hope we can transfer some crypto money into this when the bubble of...
Canopy Growth (WEED) is getting absolutely hammered. We're down over 7% this month after crashing over 20% in July. Imo, the stock is going to blow up when the US finally decriminalizes Cannabis. The opportunities for hemp are endless and of course the recreational market for drinks, bud, and all the rest is booming in legal markets. If I see a sub 20's print,...
Acquired competition on 23rd june.
Cup and handle forming on the weekly, heading up towards the pivot point for a breakout.
MJ stocks has been hit hard and it's killing the high of cannabis investors. However it is due for a pullback on the upside. We have a falling wedge and the price has dropped down to a major support.