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🟢 Added to $TLRY New Target 19.84 for 22.92% 🟢 $TLRY Target 19.84 for 22.92% Or double position at 12.44 I added here because it bounced off of support… if it hits support again (13.41) I will add again before doubling at 12.44. ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. Numbers with an A are places that are a good idea to add if you can. Numbers with a D are places where you should double your position. I start every position with .5 - 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
NASDAQ:TLRYLong
by SPYder_QQQueen_Trading
First Time In A Long Time For TLRYFirst time in a long time that TLRY failed to close above its 200DMA. Despite this, it remains consistently trading around the 786 fib over the last few months. Without any fundamental catalyst, it really could depend on that industry at large. I think the whole MJ Bill was a buy the rumor/sell the news for what it's worth. Not a whole lot of range on the move leading up to that headline. But since it broke below the 200 for the first time in a while, volume (bullish volume) is going to be something to monitor for, closely if this is on your list, short term. These are the levels to keep track of on a larger scale. "With so many states and countries riding the legal cannabis wave, the discussion surrounding federal marijuana legalization in the US is changing. More proposals are getting submitted, and more conversations are happening. Whether this next step results in a real bill is to be seen. But what we can say is that the speculative nature of the cannabis industry tends to feed off of the unknown. So if marijuana penny stocks are on your list right now, keep this in mind, and volatility can play its role in bullish and bearish sentiment-driven trading." Quote Source: Best Penny Stocks To Buy Before Marijuana Legalization? 4 To Watch Now
NASDAQ:TLRY
by PennyStocks101
OGI Organigram Holdings Great Earnings Call and Price Targets OGI is free of any significant debt after repaying our entire term loan balance of 58.5 million! The company currently has 220 million in cash and short-term investments! The Market Cap is only 880.85M! Q3 results: - Gross revenue grew 51% from Q2 2021 to 31% from the same period in fiscal 2020 to 29.1 million. - Net revenue grew 39% from Q2 and 13% from the same prior-year period, respectively, to 20.3 million. - Cost of sales decreased 47% to 23.4 million from Q3 of 2020 - IFRS gross margin increased to a positive 2.1 million from a negative 50 million in Q3 of 2020, largely due to lower cost of sales - net loss in Q3 of 2021 was reduced from Q3 2020 loss of 90 million to 4 million. Tobacco giant BIT British American Tobacco made an investment in Canadian pot grower OGI Organigram Holdings. BIT has a 19.9% stake in Organigram for an investment equivalent to about $175 million. The partnership also gives OrganiGram an opportunity to expand into the U.S. and new international markets. 1. My medium term price target is 4.5usd based on the resistance level 2. Fibonacci extension tool has a price target of 5.45usd 3. Stifel Nicolaus brokerage has a price target for OGI of $6.00 Did you know that you can buy it now similar to the price British American Tobacco paid for OGI Organigram Holdings?
NASDAQ:OGILong
by TopgOptions
3
GTII is trading in a GIANT Descending Triangle.It's always possible this pattern plays out bullishly as a bull flag, a directional shift in momentum will likely occur leading up to earnings or a sell-off afterward. On September 1st GTII will report their next earnings, and the ending of this pattern is September 24th, Descending Triangles and Bullish Flags more often than not make a decisive move in one direction or the other, whether it's a fake-out or not, 50%-75% through the pattern formation.
CSE:GTII
by ScotianBot
FXCM's Cannabis Basket's hourly showing potential momentum pushFXCM's CANNABIS basket is in the bullish area on the daily chart on the left. The hourly EMAs and stochastic are in bullish mode and potentially align short-term traders with the daily. The stochastic has moved into the upper quintile, and maintenance of this level (blue arrow) increases the chance of a successful trade. Trend following indicators may be useful in this case as a potential exit tool. Stop under hourly support in conjunction with risk management techniques.
CLong
by FXCM
1
Sundial Growers SNDL legal marijuana will become parabolic ?Sundial Growers is a Canadian company based in Calgary, manufactures and distributes cannabis products to the medical and recreational market. Many American states are slowly opening up to the use of recreational legal cannabis and the interest of investors is growing more and more. Clearly as it always happens, there comes a time when many people realize the potential growth and start to buy, and the price literally flies, it seems we are in that stage but still in time to take a nice profit and not stay with the match in hand. This is when it seems analyzing the waves generated by Miracle Viewer an indicator that studies prices and volumes and extracts the market positions of the various players, in fact long-term investors have taken the title and are buying in large quantities. The advisor Market Miracle has generated a LONG input signal on $SNDL at the price of 1.3 USD with a target of 2.12, the potential profit is 63%. Analyzing the chart I imagine a price action like the one I designed, so fully entitled $SNDL could become parabolic for a while. This idea is based on a signal generated by the advisor Marketmiracle, down on this page you will find the link to the page of signals of the advisor that you can see for free without any cost or registration
NASDAQ:SNDLLong
by MarketMiracleAdvisor
4
$TLRY Target 21.97 for 26.19% $TLRY Target 21.97 for 26.19% Or next add level is at 12.65 I sure do love TLRY... Target is the same... let's do this... — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. I start every position with 1% of my account and build from there as needed and as possible. I am not your financial advisor. Watch my setups first before you jump in… My trade set ups work very well and they are for my personal reference and if you decide to trade them you do so at your own risk. I will gladly answer questions to the best of my knowledge but ultimately the risk is on you. I will update targets as needed. GL and happy trading.
NASDAQ:TLRYLong
by SPYder_QQQueen_Trading
1