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.
Still like this name. Since last post we have made a lower low and a lower high. Notwithstanding this, I still think the price action here is constructive and the indicators are telling me we have a chance at a pop above that downtrend line. Not sure whether we will test the recent lows.
Still looking good. Was on sale for a little while since my last post but we knew it would want to test the $60 level one more time. I think this is really close to a break out. Indicators solid and price action encouraging.
Been watching this for about a month. Looks like it is being accumulated. Sinking interest rates in 2019 is reason for rise this year. But if interest rates keep sinking and economy is slowing down can't see why this would gain traction. This hit $5 ten years ago when recession hit. Wouldn't want to a bad earnings report here. What do you think?
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...
Been watching this one for a long time. Noticing a change in character over the last month. October's selling in overall market did not take X below the 10.16 and 10.17 marks hit during prior month which is basis for long-term support/breakout. Sector and stock just completely out of favor and beat up. RSI looks to be on steady slow course up. Gonna take a...
RSI and MACD appear to be poised. With all the macro economic uncertainty and a slowing economy gold looks like its's ready to party like it's 2011. An accommodative fed and trade uncertainty also help. Great swing trading vehicle.
Stock broke out of a long established channel and looks like it wants to test the breakout. Solid dividend company and one that should ride out a slowing economy. Huge international presence and exposure to rising dollar. This is a tough call. Weekly and daily RSI and MACD looking tired. Thoughts anyone?
Posted here last week about AAPL and it looks like we tested support on the uptrend channel today and bounced slightly as of this post. I think this will ultimately fail and that AAPL can't save the market. QQQ did exactly what we expected.
Struggling to stay inside the former channel. RSI looking long in the tooth. QQQ forming a clear head and shoulders pattern. Can AAPL save the market? They say so goes AAPL so goes the market. Tread lightly here! Last call on AAPL worked out pretty well.