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Cannabisbeverage

TNY Chart.Just a bunch of lower highs since late April / May PP. Anytime we've tried to get over the 200 Day MA since April, we've been knocked back down like whack a mole. In order for Tinley to change this trend they're going to need some material news, very simple... Otherwise, it will be a slow bleed down into the single digits, IMO. Let's not forget that the entire cannabis sector has been bleeding for months on end, and surprisingly TNY has held up nicely in comparison to many other much larger companies... But we can only pat ourselves on the back for so long.... Time will tell per usual
CSE:TNYLong
by ScotianBot
CSE:SPR - Daily equilibrium still in playThe daily range continues to tighten on CSE:SPR as we await the news on their potential beverage partnership. Investors are certainly at the whim of this deal and those who are long hope it's favorable. Bull entries are still possible but be sure to have an exit plan in case the beverage deal does not materialize or is not up to expectations. A bear brake of the higher low pattern could indicate a good point for longs to lock in some profit, but we are optimistic the pattern can break to the upside. I don't normally use the OBV ( On Balance Volume ) indicator, but I decided to check it out and noticed that OBV has already broken the high of the bull move. This is notable and could indicate some serious accumulation. I don't normally use this indicator, but this is a way of reading it as I understand.
CSE:SPRLong
by Level8Trading
CSE:SPR Weekly equilibrium broke bull--Enormous follow throughCongrats to anyone who acted on my previous post on CSE:SPR !!! The company has released a presser stating they are in talks with a beverage company and are optimistic about a deal being concluded within the month of April. This is the highest closing price ever, on HUGE VOLUME, and the all time high is not far away. Can the run continue? Hard to say... Above I am looking at the hourly candles. While it is an extreme run so far, over 100%, hourly support was established three times, most recently today. As long as the hourly higher low pattern continues then the run will go on. When the hourly higher low pattern is lost then daily consolidation will begin and could be a good time for laggards to enter or to scale in to existing positions. I will judge daily consolidation when it happens and asses the health of the pullback. Due to the size of the run, the pullback could be fairly large, but we wont know until it happens. It's hard to gauge what daily consolidation will look like until it happens, and it's possible the news of a probable deal will help keep things bullish without an overly large pullback. I am hoping for a bull flag on the daily, or weekly charts, but will update when things happen.
CSE:SPRLong
by Level8Trading
Strong Company in Cannabis Beverage SpaceNot sure what Tinley is going to be doing in the coming months as the cannabis and cannabis beverage sector heat up. We know their products are stellar and their management team is excellent despite some underwhelming financials. Some huge news coming soon with their new bottling facility and Canadian partnership being announced. Midterms and US cannabis reform may also inject some much needed momentum on the US side. Although a 2-year history is nearly meaningless, time will tell if it breaks out as it has done in historical fashion. GLTA
OTC:TNYBF
by bioengineer