Difficult situation here. is the FED going to print enough money to keep the banks out of trouble? how are their balance sheets going to look like? Will inflation keep this market up or will it come crashing down? I think we will see what we we saw last winter. no santa claus rally but instead we will see a sharp sell off and maybe testing 52 week lows. I think we...
Long term cup and handle formed we should see new highs here. price target December 6.50-7.00 - Gold will reflect BTO's value. I am long Gold and BTO as the financial system is needing QE to stay alive. keep the rank repo's coming. 1.3 trillion of dollars in the next couple of weeks just to keep the system alive. More rate cuts and inflation are coming like we...
Watch for new low’s here as canopy lost a billion dollars and aurora missed earnings. TRST license suspended. target price 11.97
Great support at the 50sma watch the fib as it could produce a double top but my target price $30
long term bullish. imo
Don't be scared by the recent sell off Bulls. The cannabis stock mostly sold off on Friday. Seems like shorts Covered hard on TRST as well. Canopy and ACB aren't leading the way currently. Hexo, VFF, Auxly and Tgod are the picks for 50% ROI in the next 3-6 months. With the recent 123 million imperial brand partner Auxly popped nicely out of the descending wedge. I...
FIB test with 200 sma support. keep your eye on this Friday or Monday no support this stock will fall farther. use a stop loss shorts are stock RSI bounce overdue!!! buy into the short covers.
acb stock is very boring lack of volume is telling us a big move up or down is coming. this is a great change to test eh long term trend line. 8.50-8.85 would be healthy. If you want to add shares that's when I would do it.
fib wedge work great on canopy. 49.85 would be a great entry point to add shares this week. long term support at 36 n change. lets hope this trend line doesn't break. cannabis sector looking week. follow hmmj.
looking at the fib chart and the weekly bands I think Cann-Trust could hit $3.50-$3.75 this week. This looks a lot of Aphria's short attack. so I would be starting to scale into a position ANYTHING under $4.00. Looking at the gravestone doji this may bleed out for 2 more days before shorts cover. so be patient and wait for a great entry point that you are...
Beaten down Zenabis has huge potential. small share float and huge potential to before a large LP. I would like to see this gap fill and see how this stock performs.
support at 0.38 250,000 sq ft coming online soon at Agraflora 2,200,000 sq ft green houses with own power plant! bonus. Fully integrated with the best technology. at 0.40 right now with the company they just purchase SOW combined diluted shares at 500,000,000. I give a future valuation of $500m-$800m $1.00 - $1.60 by start of 2020.
I don't trade ACB but ACB look to want to break up or down. I am bearish on ACB but the market isn't. Watch for a break above 12.60 with bull volume you should see new highs as the bears covers. but most likely case bears push this stock back to the $8.00 range.
After a Sell off most traders look for patterns when to buy in. 70% of the time 3 small green candles means an explosive next day. BUY signal at $10.58. To make this trade set a stop your comfortable with. Price target $12.00
Beaten down namaste found massive support at 0.50. My bullish buy was at 0.73 cents CAD. Target Price $1.15. In this new 2-5 weeks Namaste should be releasing their delay financials report. this could get interesting.
I actually stopped being long on ACB awhile ago. Ill trade it for fun when a see a set up but other than that still stock isn't great. I would fair value ACB currently at 8 Billion CAD. but within the next 365 days they will be running on all 8 cylinders. doubling their value 16-18 billion. ACB has debt and debt going into a recession is bearish. mid term I am...
Could be a short but if it is bulls were buying this beaten down stock thursday and friday since they did a 7:1 split. 34 million in Assets and roughly 10 million in cash fully funded and licensed to sell oils and cannabis this maybe just be the best buy on the market right now. great volume spike on the daily chart as this stock broke out of the bands. Target...