DuncanMcGillivray

DuncanMcGillivray

WEED, after the all out dump last week is starting to show some positive signs again. As good news builds up with this company and the sector as a whole (licenses, mergers, good financials etc.), and stocks show little movement, I think we're getting ready for another bull run likely into the June vote. The last three days WEED has shown inside bars, a bullish...

DuncanMcGillivray Updated 

With the tightening hourly chart, we'd expect a break of WEED by Monday of this tightening pattern. Based on the ascending triangle, I'd expect it to be a bullish break. A break of 31.85 would be the first sign, 32.52 would be major confirmation of an upward trend, and we could effectively run to 34.55 or more. The lower bar is my long-term trend bar that we've...

DuncanMcGillivray

We're currently bouncing consistently off the long-term trendline, and I expect this to continue on our slow and steady consolidation. We're seeing decreasing daily bear volume... so I would expect a bump up come Monday-Tuesday, to continue our slow and steady upward trend. I'd look to see money flowing back into the sector come late-March - April, as smart...