$XON has been making a nice run up the charts lately. We don't think this run is over by far as there looks to be a lot of momentum behind $XON. There's also a gap higher that needs to be closed from $12.77 to $12.96 The stock is getting a boost today after announcing an exclusive wellness agreement with Surterra Wellness. The companies will join forces to...
And I don't think that dead cat bounce will hold if retested as a bottom. Nom Nom Nom..... Now we know why the last 3 Auditors left the company & they failed to report financials, they were ugly! On Friday, May 31, a solid two months later than initially required, they reported a sh!t show. Then the stock tanked 18% to trade 80% lower than the 52-week highs...
Bruce Linton & William Hilson, I made it easy for you lol. They've had their eye on a specific company to takeover before they made this capital pool company! Cronos Group has a 2.4 Billion Dollar investment from Altria Group. Canopy has a 5 Billion Dollar investment from Constellation Brands. Here's a link to Cuspis Overview, put www. before...
The double bottom pattern always follows a major or minor downtrend in a particular security, and signals the reversal and the beginning of a potential uptrend. Time will tell per usual.
Triple bottom is in for Terra Tech on the day chart. Wait for the advance in the coming weeks. - Usually form over a 3 to 6 month period. CHECK. Dec 14 - Jun 19. - Prior Trend: With any reversal pattern, there should be an existing trend to reverse. In the case of the Triple Bottom Reversal, a clear downtrend should precede the formation. CHECK. Literally...
Looking at the chart for V.FAF it appears as though things can only go up from here? There's some speculation around Fire & Flower being acquired by Aleafia. Interesting enough, Certain directors and officers of Emblem have interests in Fire & Flower. In particular, Harvey Shapiro, a director and the Chairman of the Company, is also a director of Fire &...
This is not a financial advice and I put it here only for my own record. I have been watching cannabis stock for a while and the most exciting one is TLRY. It seems the bottom is already in (which I cannot confirm yet) or very close to the bottom. The market value is already more than 85% below its all time high ($300 to ~35$). Both RSI and MACD show divergence...
Very bearish chart - no reason to catch the falling knife and buy until something confirms. Weekly MACD turning negative and already below the signal is confirming this down move. No catalyst yet - I'll need at least a break of the recent weekly downtrend. Meanwhile, negative divergence on the MACD and DMI will weigh on it.
Aleafia is looking to retest a recent support that was made May 3rd. If it holds then we will see a double bottom & possibly a reverse in the trend after the break through the descending triangle I spoke about in my previous post.
One of the best cannabis stock to invest here. Buy the gap you'll see today, it might go as low as 15$ or 14.50$. First target price 17$.
On my chart I have support at roughly 66c & the next resistance at 75c & 86c. Any material news will break Tinley flush out of this Ascending Triangle into a zone with very little if any resistance until $1.13 CAD. Time will tell per usual.
TSXV:NRTH NRTH - 48 North is a small cap Canadian Cannabis producer, ran by a highly effective management team, they are Co-CEO'd by two sharp business women, who are gearing their branding and company towards marketing to the female cannabis space, with brands like Mother & Clone, Latitude and Avitas. "48North is well capitalized to follow through on our...
OGI is one of the market leaders of the cannabis sector, trading on the All Time High zone. The 1M outlook is incredibly bullish (RSI = 71.765, MACD = 1.690, Highs/Lows = 1.9471), the 1W very stable (RSI = 62.331, MACD = 0.850, Highs/Lows = 0.1564) trading within a parabolic pattern that aims at 13.00 towards the end of 2019/ beginning of 2020. They most optimal...
Going long from the Bottom of the sideways move with the oscillators backing me up.
CLI recently transitioned from an ag-tech company to one about to start growing 500 acres of high CBD hemp. With an EV of ~10m and a crop target value of several times this the companies future looks brighter than ever. From a TA perspective there is a target at 5.0c based on prior resistance
One of my favourite related cannabis company ,focused on the acquisition, ownership and management of specialised industrial properties leased to experienced, state-licensed operators for their regulated medical-use cannabis facilities in the us. 2% div.
either way long practice