weensNbeans

weensNbeans

I should've been watching this one closer but I got in at such a good entry point and exit on my scalp, it wasn't really on my close watch list. Neon green trendline has failed. I should've sold the top resistance, and bought on a breakout. FIB: bounced at 786, resistance at 236, bounced on 50, resistance again (should've sold), and now we're sitting on the...

weensNbeans

This was a very quick and definitive recovery. I expect this to take off to ~$21.50

weensNbeans Updated 

Not sure if it will hold, looking to accumulate at the 618. ACB and HEXO dragging this sector down.

weensNbeans

Bouncing nicely off Fibonacci levels, looking to confirm bounce above 50%/$19 and the 200EMA. Will enter a long position with a short stop and will watch the 618 level.

weensNbeans

TUP completed a smaller inverse H&S reversal and completed almost perfectly to realize a nice 10% gain (~$8 - $8.80). However, it looks like it is failing the larger IHS pattern. I expect a continuing decline through $8 and retest of $7.50 area.

weensNbeans

I don't see why this channel wouldn't hold through next earnings!

weensNbeans

Trying to find a bottom on TLRD and had a $4 entry point late August/early September that didn't execute (too early it seems). I figured the 18% dividend yield was an easy win... Corporate stock buy back... ~90% institutionally held... Executive departure... Further downward guidance... Suspended dividend... How is this price point holding up?

weensNbeans

Earnings come out on the 8th - this could be a great reversal if completed.

weensNbeans

I think that MJ stocks are going to take off again tomorrow... Here is an interesting inverse head and shoulders. If this plays true, this could be an amazing reversal! I'll be buying this at open with a reasonable stop in place.

weensNbeans

I've been looking for an entry into the MJ market for the past 6 months and have been watching a few ones closer than others. GTBIF has established nice support and has bounced a few times now. They bucked the steeper downtrend channel and formed a fairly parallel channel enclosing the current base support. I bought in the other day at 8 hoping to catch a bounce...