TGODF 786 fib retracement at entry time for growth on earnings and big money. buy and hold, one of few larger MMJ companies to not rocket up since end of dec 2018.
Update to my previous analysis on GROW. I've been following GROW for over a year now, and sp had been stuck in the 0.10-0.30 range. With a close above 0.40 the breakout from previous trading range is evident. Highest share price since their CO2 startup took over, so we are looking at a blue sky breakout. Sustained bullish volume, with good support being built on...
The pot bubble is going to burst. From the technical perspective we are pulling the trigger here after retracing 61.8% of the initial leg to the downside from the highs. For those who believe in the bearish story for the industry, now is the time to get back to work on the sell-side. More and more funds with large central books are starting to open up positions ...
When this thing breaks, I would expect a massive move either way. What's it going to be heading towards summer ? Is Canopy primed for another leg up after this gigantic bull flag ? Or is it going back down ......what do you think ?
ACB is a great stock. Super cheap for amount they produce. I'm long in the long run But I think there's substantial opportunity to make profit by shorting the stock as it experiences corrections in it's uptrend Normally I wouldn't recommend timing a stock like this or trading against the trend, but it's not seeing 10% pullbacks on upward moves, it's seeing 50+ %...
Looks like this stock could see some follow through this week. First time in a while that it closed over this weekly trend line. I'll keep an eye out for follow through.
It seems that from the time it reached ATH, it's been in a giant falling wedge. Even clearer on the monthly: Is this stock going to continue falling ? Or is this a good buy opportunity ? From what I know of this company, it's had it's fair share (pun intended) of drama. Insider selling, lawsuits threats, twitter arguments between the CEO Ben Ward and Equity...
Pattern: Ascending Triangle on 1W. Signal: Bullish as historically the break-out of the pattern results into a big rally. Target: 50.00 (+700% rise).
The volume was quite impressive last week, smashing through the 8$ resistance and closing very strong above the pink trend line. What's interesting about this trend line is that you can extend it back 2 years when the price was under 1$ and it's been tested again and again, acting both as support and resistance. Next weeks we might see some follow through with...
The periodic rocket pop is due soon. This is not advice. Education only.
Consolidated triangles ready for breakout. New trend reversal in place. This company sells growing products such as lights for cannabis industry. This whole sector is ready to breakout. Information purposes only. Not advice or recommendation. This is my humble opinion. I have 20,000 shares at $0.00835.
An ascending triangle forming as a name in the hot Cannabis sector sets to breakout to previous highs.
CRON looking pretty good here. Support at both the trendline and 12-day EMA around 19.60 ish. A little bit of resistance around 21.90, but RSI is above the 50-line. Positive Stoch cross. Keeping with this trend could have us seeing a new ATH soon. Volume will be the key thing to watch, as always. This setup is invalidated if we break trendline support. The next...