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#TLRY Price rebouncing from falling wedge support Hi All, my main 3 take-outs from this analysis are the following: 1- In the 4H timeframe the price found support at around 9$, which is also an area where the historical red trendline and the lower side of the big falling wedge crossed (light blue box!) 2- Inside the bigger falling wedge there is a smaller falling wedge which has been broken on the upside. There might possibly be a pullback on the downside, but I think that it is possible an upward movement of at least 25%, which is the target of the small falling wedge, at around 11.3$ 3- If we are able to reach the 11.3$, at that point, by the end of January we might be seeing the price trying to breakout the bigger falling wedge with a big up move, which should support the price staying above the red trendline and continue is uptrend outside the big falling wedge Not a financial advice, just personal opinion. Do your own due diligence and good luck!
NASDAQ:TLRYLong
by FrancescoMerlettini
#SNDL - 0.6$ might be the next and final support.Hi All, my main 3 take-outs from this analysis are the following: 1- Historical movements might be repeating themselves. Look at the three blue elyptical shapes and movements.. 2- 0.6$ might be the next support from where the price might be rebouncing 3- AFter the rebounce the price might have a spike as done three times previously in the past Not a financial advice, just personal opinion. Do your own due diligence and good luck!
NASDAQ:SNDLLong
by FrancescoMerlettini
Shiba Collapsed - Happy Danksgiving - Crypto to Cannabis Google trends and trade volumes would suggest that crypto is crashing this #danksgiving Peak FOMO is behind us. Light trading volumes around will provide whipsaws and the volatility necessary to get some new green shoots. Crypto to cannabis reform. The gem. Akaerna $KERN has the Cannabis Compliance Data SOFTWARE. CEO, Board Chair US Cannabis Council. Jessica Billingsley. States Reform Act NDAA SAFE Banking MORE ACT NORML CAOA BiPartisan ... FEDERALIZATION....
Short
by EpicEconomics
4
It's time to Long TLRYI see here an interesting spot to invest. The price comes to the strong resistance lvl: 10$. It's key lvl by support lines also it's a strong psychological lvl. So this is my argument 🧐: 📃 Oversold. -83% price dump from the last local High. 📃 10$ strong support zone. 🚀 Huge volume on 12$ - possible investors "accumulation zone". 🚀 Price "Plato" for the last 4 weeks. Looks like accumulation for the pump. 📃 Under 50 MA on W chart. 🚀 Risk/profit ratio ~ 4 So what I am expecting here: it's moving to 50 MA zone on W chart. It's ~16$ for now or 40% gain. SL you can put under 10$ support line.
NASDAQ:TLRYLong
by Icemoney666
1
#SNDL - The story might be repeating again...Hi All, my main 3 take-outs from this analysis are the following: 1- Price is moving as per historical recent moves 2- Price is still within the falling wedge and should see a breakout (hopefully upwards) prior getting to the apex. But it might take still some time 3- By tday and tomorrow we might possibly see a rebounce from the 0.66-0.65$ levels, as also shown in the past. Not a financial advice, just personal opinion. Do your own due diligence and good luck!
NASDAQ:SNDLLong
by FrancescoMerlettini
Poseidon Dynamic Cannabis ETF $PSDN - BUY NOW - MSOgang#StatesReformAct FEDERALIZATION Bill in Congress. Cannabis legalization is BiPartisan. $PSDN has the best $MSOS advisors lined up to make great investing decisions in the ever growing cannabis sector. The US sector is on fire. Women & minority leaders will be sought. Diversity is great for business. $PSDN & $KERN. Recommend. Compliance Data SOFTWARE. #thegem (no shipping hassles) US Cannabis Council Board Chair, Akerna CEO, Jessica Billingsley. $KERN GL #cannabiscommunity #valueinvesting FINALLY WINNING! Jobs & Justice
PLong
by EpicEconomics
SNDL Repurchase Program Sundial announced last week a share repurchase program! Program will commence on November 19, 2021 and expire on November 19, 2022. Sundial Growers can purchase a maximum of 102.8 million shares, representing approximately 5% of the company's issued and outstanding shares. Last month, Sundial announced the purchase of retail company Alcanna, which operates 171 liquor stores in Canada! Average Volume: 99,022,325 Yesterday`s Volume: 360,765,136 My short term price target is the 1.6usd resistance. Long term, SNDL can go to $4. Looking forward to read your opinion about it.
NASDAQ:SNDLLong
by TopgOptions
10
$MSOS AdvisorShares - US Cannabis ETF - BreakoutON VOLUME. Volume precedes price. A move without volume is suspect (see #shib). States Reform Act on Monday should be a headliner for sure. Lot's of legislation to look forward to. #cannabisreform #thegem Jobs & Justice Akerna $KERN has the data. Enterprise Solutions, Compliance SOFTWARE CEO Jessica Billingsley is Chair of USCC, United States Cannabis Council. $ITHUF $GNLN $GPRO $FCEL $PLUG $GM $VIXY US5Y UP. Large cap #stonks & #cryptocrash to #cannabisreform The future.
AMEX:MSOSLong
by EpicEconomics
6
Long Term Buy on HITIAs many of you already know, I've been bullish on HITI for quite some time, waiting for the right entry. This is one of my favorite cannabis stocks, and I'm bullish the cannabis sector overall. This may not be a quick play; I'm expecting to hold my cannabis stocks for quite some time. On the daily chart, HITI made some lower lows, while the RSI made higher highs. This divergence is nice, but not enough for me to enter. On the hourly chart, we saw the asset hold this support line after an upward move on November 8th. In addition, price was above the 50SMA on the daily chart. I entered at end of day on November 8th. By the end of the week, HITI was up testing the 200 period SMA. If we break north of this line, I will continue adding to my position to build it.
NASDAQ:HITILong
by MRobertsTrading
1
DN Delta 9 Cannabis ready to fly "high"Welcome to my DN Delta 9 Cannabis Analysis :) This analysis shows two situations, once a Bearish Harmonic pattern and a Bullish Navarro 200. The Bearish pattern would still have two targets Open: 0.215 CAD 0.070 CAD If these targets are reached, I expect at the latest from 0.060 CAD with a very strong impulsive rise (possibly with a short squeeze by closing the short positions). However, since a bullish pattern has already formed, the price could already rise now, the targets are the green price masks in the respective target areas. Since this pattern can go even deeper, two more Varrianten projected in purple and gray, the corresponding price targets are in the corresponding colors in the target areas. Point D Purple = 0.345 Point D Gray = 0.230 The massive pull back point is calculated from the Maximum Short Target, as from the intersection of a Bullish Start and Bearish Target Wolf's Mouth line ;) If you liked this idea, I would appreciate a click on the Like button ;) If you have any questions, suggestions or a different opinion, don't be afraid to use the comment function. Thanks a lot Disclaimer: Please keep in mind that this is a pure analysis and only reflects what my eye shows me ;) This analysis is for informational purposes only and is scientific in nature. This analysis is not based on any fundamental data! This analysis is not an investment advice and should not be considered as a buy, sell or hold signal. Always do your own research before investing and seek the advice of a qualified person. I am not an investment advisor or similar and do not make any investment recommendation here.
D
by Highrisk221
2
Opportunities on the weed sector | CRONCronos Group, Inc. engages in the production and distribution of cannabis. Today we will take a look at the chart, and we will define what's the scenario we are waiting for before trading. Between 4 to 5 dollars we can see a support level that has been working since 2018. That means that we are in an interesting situation regarding a historical low from where we observed MAJOR bullish movements starting from here. But what is the plan for this? As always, my answer comes from observing past behavior, and in this case, what I can see is that in the previous 2 scenarios we had clear Flag patterns corrections before the big event. So the plan is straightforward: I want to observe a flag pattern or any type of correction with similar size and duration before thinking about risking 1 dollar on this stock. An important aspect when you trade like this is that you can not force the market to provide opportunities, the only thing you can do is get ready for when the market decides to make the formation you want to see. PATIENCE AND PATIENCE The place where I expect to start observing the flat pattern formation is around 8.20 that's the zone where the short-term bullish impulse found a minor resistance and the consolidation started in previous scenarios. (This may be useful for short term traders) Thanks for reading! Feel free to add any idea regarding the Cannabis sector or views about this chart.
NASDAQ:CRON
by ThinkingAntsOk
8
TOKE at acceptable levels to start buyingTOKE is an ETF that seeks to generate capital gains by investing in companies that have exposure to the broad cannabis industry. Since the start of the year the ETF's price has declined steadily from highs of around $26 to about $13 currently. The drop in price has bought the shares into a range of reasonable value considering the relative youth of the legal cannabis industry and the size of the companies this ETF holds. Long term cannabis products have significant growth potential and is only a matter of time before it is legalized and its use normalized across most societies. As long as price stays below $15 I believe it is a good time to start increasing exposure to this industry that has long-term growth potential. *Not a recommendation to buy or sell*
CBOE:TOKELong
by MarkE