People forget this is a dividend stock not just a swing stock. As for the tech entry-178-180 | stopL 174
Profits 1/2 199-201
They have some restructuring to do but once that's settled they can focus on their Acelity Purchase. This company makes a product that closes complex wounds and has lots of ancillary applications. They are far from done.
This is one of the only ways to collect a dividend on MJ stocks. With their focus on triple net leases for the Medical Cannabis companies they will show a steady growth. A new partnership with (UPREIT) they will be able to reach new deals with an larger infrastructure.
I'll take the dip with upside of 95+
NIO is in some serious trouble. They have been horrible at deploying the dollars and to this date still don't manufacture their own cars. With no direct line to profit and closing their office in Silicon Valley they can not operate without some kind of cash injection. I think NIO is left without a seat in the musical charis of cash possible BK Q4.
CWEB has found support around the 19 range. In the next week or so look for it to squeeze up with the volume profile to 20x. Coming out of it's double bottom pattern could spring this stock up to new highs.
A deal with CVS already in the works CURA has just deployed more cash to acquire CURA partners for 1.2 billion Canadian dollars. With lots of cash still on the balance sheet look for Curaleaf to continue to expand footprint through M&A.
As for the chart new higher lows and higher highs in giving it an ascending channel with around 2-dollar spread will remain bullish.
With Tesla raising money that could be the catalyst they needed to find support and start a reversal. If the stock can bust out of 250 it will run up to the next volume profile at 268 then hopefully to the YOLO zone.
The 5 catalyst I'm waiting on:
1) Acquisition of Maxwell for 218M, this will help gap the demand for better battery storage solutions, thus saving...
Boeing held a press conference today which basically said they are just short of being responsible. But, they did not layout a realistic time horizon for bringing the planes back online. They also left out pilot training which is the biggest concern for airlines. I see the planes coming back online Q4 with tons of lawsuits coming.
For the chart if we can hold 356...
NY times reported on the North Charleston plant with claims of sub standard production. This could tank the stock with at least 15-20% drop. If stock can't stay above 360 it will drop into the 340s.
The price fell back from earnings. It may be a great entry for bulls. Support is around 45 and we are look for volume to push to 47. The next big gap would be from 47-60 to buy back some of its wk losses.