Take A Hit Or Let It Sit? AYR Wellness seems to be following the overall cannabis index trend, but can this stock light up before the others? On the weekly chart, Ayr Wellness looks to be almost wrapping up the 5th wave, which I believe will start around $8.11 and possible catch a ground about $7.42 following a cycle correction early/mid May. The MACD has been...
HIT IT OR LET IT SIT? AdvisorShares Pure Cannabis ETF (YOLO) on the weekly chart shows dirty bong rips leaving long investors mad their not getting the high they want. Not going lie, this chart made me scratch my head, until I brought the monthly candles and it started to make since as it appears who ever is shorting this ticker, must be working on a +T25...
TAKE A HIT OR LET IT SIT? Village Farms International Inc is on a mission to get you high, but are investors getting high on their own supply? -- Let's take a look at what they're smoking... On the weekly, $VFF looks like it's just completed it's primary 4th wave and on the last leg down on the 5th wave. Expect the MACD to start showing divergence as we near...
TAKE A HIT OR LET IT SIT? On the weekly, it appears POTX is just getting out of the interval correction, moving along into the 4-5 waves of the primary. The MACD started divergence right after the 5th of the interval, so I would expect this divergence to continue throughout the 5th wave of primary, hopefully making the correction easy to read. I believe we...
TAKE A HIT OR LET IT SIT? On the weekly, $MAPS appears to be smoking on the Bobby Brown and following suite via cannabis sector from Feb. '21, but can this ticker start puffing on big clouds to get some investors high on profits? - Soon, soon... As it sits right now, we are completing the 4th wave down. Turning into the 5th, I would expect to see some MACD...
SPARK IT UP OR LET IT SIT? Cresco Labs Inc. has been trading south with some funky price movements, but can this 'funk' produce some good highs? -- No. On the weekly chart, #CRLBF looks to be starting it's 3rd wave on the interval cycle and will push price down considerably the next week or so before tapping in the help of the 3/4 correction wave prior to...
SPARK IT UP OR LET IT SIT? Columbia Care Inc, following the overall cannabis sector, has been displaying 'Reggie Miller type highs' leaving investors wondering if they will get a playoff buzz. On the weekly chart, $CCHWF has been hotboxing inside a running-flat, but on a daily it appears as a reverse symmetrical triangle, will it pop out fresh or need a weed...
TAKE A HIT OR LET IT SIT? Trulieve Cannabis Corp. ($TCNNF) is currently on a downtrend, which from the start is clearly picking up pace as we reach a critical volume channel that didn't have much in 2020 and will look to replenish. After a primary correction, the cycle of a downward impulse will continue selling until we reach around 15.77-ish and will act as a...
TAKE A HIT OR LET IT SIT? Ascend Wellness Holdings Inc is currently on a downtrend (duh), which just came out of an extension, starting end of February ('ABCDE'). Ascend Wellness ($AAWH) is currently cashed for me and I don't think I will hit this joint for a while. At time of prediction, the current stock price movement was in a running-flat extension and...
Take a Hit or Let it Sit? The weekly chart shows Planet 13 currently entering their primary cycle of 4th - 5th (right after an interval 5th wave ended). A small amount of divergence is starting to peak through the MACD and I would expect it to showcase more divergences as the week(s) more forward, leaving this cycle to appear almost complete mid May. When...
TAKE A HIT OR LET IT SIT? Curaleaf ($CURLF) I would expect to see this the next few weeks to form some kind of flat running/triangle pattern or could be the perfect storm to just drop the price even more. We are currently entering a high traffic zone due to all the prior waves coming hot as they enter their respectful 3rd-4th waves to their final stretch of...
$TRSSF Chart Analysis On the weekly chart, $TRSSF is currently in a '3-4' leg, forming a triangle wedge, looking to follow through to close out the primary cycle. As prior prediction on March 10th, (sorry, couldn't find my past screenshots to attach, but can be posted in comments?) the stock price seems to want to behave in similar manner towards my chart. I...
$VRONF CHART ANALYSIS Verano Holdings Corp. has displayed some wacky-tobacky high and low price action, leavening investors in a cerebral haze, but can a 420 session help investors get high as a kite? -- Not likely. Also, I support all healthy cannabis avenues and put neutral in strategy as this is purely educational and follows past and current trend. This...