Philip Morris has gained new motivation, stretching visibly higher in its chart. Still, the price has more upward distance to cover before reaching our turquoise Target Zone between $119.47 and $123.80. Once the top of the turquoise wave B has been established there, the stock should sell off below the support at $82.95 and, afterward, into our green Target Zone...
Ladies and Gentlemen, Today, I want to share with you a story about the world of trading investments. It's a realm filled with highs and lows, truth and deception, clarity and confusion. In this game, the reality is often obscured by false signs and misleading indicators. But through it all, one thing becomes clear: it's just a game. A game of life. We venture...
The Biden administration has taken steps to reclassify marijuana use as a less serious crime. This potential policy change, if finalized, stands to be the most substantial adjustment in federal marijuana regulations in over four decades. The U.S. Department of Justice, overseeing the Drug Enforcement Administration (DEA), has recommended reclassifying cannabis...
Currently back near 2017 opening levels, this may be primed for a nice bounce. Chart looks really interesting for the long-term when looking at the monthly... Looks like a great zone to accumulate and hold ;) www.growgeneration.com www.sec.gov
After successfully surpassing the previous swing high with considerable volume, attaining a fresh 52-week peak of $2.85, and witnessing the 50-day moving averages intersecting the 150 and 200 SMAs, ATAI appears poised for a reversal from its downtrend. **Potential Scenarios:** **Scenario 1: Triangular Consolidation (Orange)** ATAI may undergo consolidation...
If you find this information inspiring/helpful, please consider a boost and follow! Any questions or comments, please leave a comment! I think this is a produce company or something...🤔 Very nice clean chart. So many ways to play this.
since the weekly reversal in favor of bears for AMEX:MJ etf and cannabis stocks, the daily bounce has turned back downward, and is approaching recent multi week lows. this set of oscilatiry trend regularity indicators show when there is potential for retracement in the opposite direction should these levels hold.
Cannabis socks got a boost in the past day as the Biden administration seeks a reclassification of cannabis with the Drug Enforcement Agency ( DEA) This will likely give the entire sector some momentum. Here on a 60 minute chart, Aurora ACB is seen in a VWAP band breakout, crossing over the fair vlaue area of the mean VWAP accompanied on the indicators...
Aurora Cannabis Inc. ( NASDAQ:ACB ) has been soaring to new heights in recent weeks, with its stock surging by a staggering 44% on Wednesday alone. The catalyst? The appointment of industry heavyweight Paul McCarthy as the president of the Cannabis Council of Canada (C3). McCarthy, with his extensive experience at Canopy Growth, brings a wealth of knowledge and...
2024 has been very busy for NASDAQ:ACB - Aurora Introduces Medical Cannabis Pastilles for Patient Relief in Australia - Aurora Completes Final Repayment of Convertible Senior Notes Representing ~$465 Million in Total Repayments Since 2021; Cannabis Operations Are Now Debt Free - Aurora Partners with Script Assist to Provide Better Access to UK Medical...
TNY appears to be trading in a bullish flag and bouncing off of the DMA which is inherently bullish. Lots of speculation around this stock becoming involved with AB-InBev due to new BOD members. Interesting timing considering DEA re-scheduling and federal reform in America. Speculation is speculation, but the chart is indicating an upswing. And the company...
GTII appears to be one of the cannabis companies in America holding their market cap relatively intact. There is an ascending triangle pattern on the verge of breaking out, and like clockwork cannabis reform in America is a hot topic to capture voters of all ages. “There’s no excuse for our not being in the forefront for something that is now legal for 97...
Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential. In this edition, we'll be looking at OTC:TCNNF ... I believe this code is at a point of potential volatility. If price can hold above $10.00 ... Bullish potential may be unlocked. My key upside targets include: - $12.11 (Conservative) - $16.01 (Medium) - $20.06 (Aggressive) ...
IIPR is poised to dip into our blue Target Zone between $85.28 and $76.66 to settle the low of the blue wave (ii) and, thus, lay the foundation for the impulsive rise of the blue wave (iii). However, with a moderate probability of 25%, the price might also decide to head further south and breach the support at $69.08, pushing the turquoise wave alt.5 toward a new low.
The Philip Morris stock is moving mainly sideways with only a slight hint to the upside. However, to follow our primary route again, the tired Philip should soon awaken from its slumber and regain bullish momentum. The turquoise wave B should extend into our turquoise Target Zone (between $119.47 and $123.80) to establish its high. Only afterward do we reckon with...
Analyzing Aurora Cannabis Stock: Tight Compression Forms Massive Falling Wedge Aurora Cannabis stock, a prominent player in the cannabis industry, is drawing attention from investors as it undergoes a significant chart pattern characterized by a tight compression formation from a six-year retracement, resulting in a massive falling wedge. Despite recent attempts...
In the ever-evolving landscape of the tobacco industry, Altria Group Inc (NYSE: NYSE:MO ) stands as a resilient force, weathering challenges and steering towards growth. The recently released 2023 financial results and 2024 guidance provide a comprehensive insight into the company's strategic moves, financial performance, and its commitment to shareholder...
Canadian market leader Tilray Brands ( NASDAQ:TLRY ) has weathered storms and is now charting a course towards growth and innovation. Despite recent stock fluctuations and an industry grappling with regulatory challenges, Tilray's resilience and strategic initiatives position it as a compelling player in the cannabis market. This article explores Tilray's recent...