Cronos CRO Price Targets and Stop LossCRO/USDT
Entry Range: $0.395 - 0.427
Price Target 1: $0.49
Price Target 2: $0.55
Price Target 3: $0.60
Stop Loss: $0.366
Cronosgroup
CHRONOS ON A KEY LEVELWith international production and distribution across five continents. Cronos Group is committed to building disruptive intellectual property by advancing cannabis research, technology and product development. With a passion to responsibly elevate the consumer experience, Cronos Group is building an iconic brand portfolio. Cronos Group’s portfolio includes PEACE NATURALS™, a global wellness platform, two adult-use brands, COVE™ and Spinach™, and three hemp-derived CBD brands, Lord Jones™, Happy Dance™ and PEACE+™.
Bullish divergence on the weekly coinciding with a market level where statistically over time this asset has always reacted. Interesting scenario and adequate space for different investment strategies. Medium / long term target price $ 9.60 - $ 13.
CRON - Weed PlayI like this chart. Nice accumulation pattern with kind of an inverse H&S formation. Breakout, re-test and if be bounce here off 200MA - Moon is next. Weed pump Is just getting started imo.
DYODD
MO - possible a good spot for LONG.Does the downtrend end?
We broke the downtrend which started in 2017.
We broke out of the huge triangle.
Looks like it's a trend change.
MO has investments in the cannabis sector (cron). The cannabis sector is INSANE right now - so I think it will push MO price.
so... LONG
CRON New 2020 High? +Trade Setup (>92% Potential Profits)Hello Fellow Traders,
Today we are looking at Cronos Group Inc ( CRON ) on the TSX. As we can see, prices have been correcting after peaking in July around $35. However, the new 2020 high set just recently is only at $11.85. We can see a double bottom printed this year on the daily chart , as well as the bullish falling wedge pattern. With prices consolidating just under the 2020 highs and holding above all EMAs, we can expect additional growth in the near future. In the long run, this could rally to $33 (+200%) or higher. However, a potential short-to-mid term trade setup now could be:
Entry: $10.00-$12.00
Targets: $15.00 (+36%) | $21.25 (+92%) | $27.25 (+143%)
Stop loss: daily close below $8.50 (-15%)
Let me know what you guys think down below and leave a like if you appreciate the analysis. Also, check out some of my other ideas and follow my profile for more chart analyses and profitable trade setups! Thanks for reading :)
Price at writing: $11.04
NASDAQ:CRON P-Modeling Pt 1. Cannabis Hyperspace AgentsWelcome Hyperspace Agent...
This is Cronos Group Inc. I am a holder.
It is my belief...
That the entire cannabis sector has found their bottoms.
Give or take of course.. this is an approximation of the linear network. Bare Bones of Cronos Group Inc (CRON)..
Will develop further as we go..
The catalyst is the legalization of cannabis in the USA by executive order by a president that promised to do just that. ;)
_______________________________________________________________________
I do not expect to be spot on, however.. note the following..
Find the 'We are here bubble'..
Find the pink path.. This is the predicted path.
Find the white trend. This is the actualized trend at a 4 hour time-frame.
My proposition is that we follow with relative accuracy the trend in pink.
Let's call this Proposition A.
I do NOT have a proposition B at this time..
Trial and Error..
Failure is a necessary component of success..
Thanks for Pondering the Unknown with Me,
Glitch420
Ascending Triangle or Head & Shoulders?On the RSI there's a H&S patter so visible if I need to draw it I'm not sure you're familiar with a Head & Shoulders pattern.
What Is A Head And Shoulders Pattern?
A head and shoulders pattern is a chart formation that resembles a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end.
Key Takeaways
A head and shoulders pattern is a chart formation that resembles a baseline with three peaks, the outside two are close in height and the middle is highest.
A head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal.
The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns.
What Does The Death Cross Tell You?
The death cross occurs when a short-term moving average (typically 50-day SMA ) crosses over a major long-term moving average (typically 200-day SMA ) to the downside and is interpreted by analysts and traders as signaling a definitive bear turn in a market.
The opposite of the death cross occurs with the appearance of the golden cross, when the short-term moving average of a stock or index moves above the long-term moving average. Many investors view this pattern as a bullish indicator. The golden cross pattern typically shows up after a prolonged downtrend has run out of momentum. As is true with the death cross, investors should confirm the trend reversal after several days or weeks of price movement in the new direction. Much of the process of investing by following patterns is self-fulfilling behavior, as trading volumes increase with the attention of more investors who are driven in part by an increase in financial news stories abut a particular stock or the movement of an index.
Limitations Of Using The Death Cross
All indicators are “lagging,” and no indicator can truly predict the future. Once & while a death cross can produce a false signal, and a trader placing a short at that time would be in some near-term trouble. Despite its apparent predictive power in forecasting prior large bear markets, death crosses also do regularly produce false signals. Therefore, a death cross should always be confirmed with other signals and indicators before putting on a trade.
Cronos Group $CRONDouble bottom and positive divergence for $CRON. Watch for break $9 out for coming weeks
ACB TILRAY NBEV CRON LONG SET UPBUY CRON ENTRY 1 $5.15 ENTRY 2 $5.50
SL $3.00
TP.1 $7.15
TP.2 $9.00
TP.3 $13.20
BUY ACB ENTRY 1 $1.30
TP.1 $2.00
TP.2 $4.00
TP.3 $6.00
BUY NBEV Entry 1 $1.68
entry 2 $1.28
Tp.1 $2.48
Tp.2 $3.48
Tp.3 $5.00
BUY TILRAY ENTRY 1 12.80
ENTRY 2 11.60
SL 8.00
TP.1 16 TP.2 19 TP.3 23
TP.4 28 TP.5 46
Cronos Group (CRON) long.All description on the chart.
Please, don't forget to like and follow.
Thank you.
CRON RESISTANCE AT 3/1 GANNNASDAQ:CRON HOLDING 3/1 GAN AFTER THE BREAK OF 2/1. LOOKING BULLISH IF IT HOLDS 3/1?
CRON LONG {CRONOS GROUP}ENTRY 1 6.80
ENTRY 2 6.25
SL 5.00
TP.1 7.50
TP.2 9.50
TP.3 12.00
TP.4 14.00
TP.5 17.00
CRON LONG PRICE REVERSAL CRON READY TO REALLY ON EARNINGs
entry $8.00
entry $7.40
tp.1 $9.00
tp.2 $10.50
Tp.3 $12.50
TP.4 $14.00
CRON approaching major D supportCRON with increasing bear volume approaching major Daily support at 9.60.
It will be a good trade to get in when Daily RSI will be oversold with D support.
Major Investment in CRON was at 17 CAD.
What does CUSP.P have in common with 2 of the largest MJ Stocks?Bruce Linton & William Hilson, I made it easy for you lol.
They've had their eye on a specific company to takeover before they made this capital pool company!
Cronos Group has a 2.4 Billion Dollar investment from Altria Group.
Canopy has a 5 Billion Dollar investment from Constellation Brands.
Here's a link to Cuspis Overview, put www. before ollerheadcapital.com
ollerheadcapital.com/cuspis-capital.html
Same thing with this link to cusp.p shareholders, just put http:// before cdn.ceo
cdn.ceo.ca.s3-us-west-2.amazonaws.com/1e8i559-CUSP.P.png
CronosOne of the best cannabis stock to invest here. Buy the gap you'll see today, it might go as low as 15$ or 14.50$. First target price 17$.
$CRON: Long term swing trade (1-2 year hold)Disclaimer: This trade is only for the patient.
- After a few weeks of consolidation, a safe entry can be initiated.
- Weekly cloud is thick in volume showing bullish trend is intact.
- $CRON has significant advantage over their piers having a helping hand from $MO (Altria). With their cigarette distribution system, 1.8 billion investment & connections to more potential partners, $CRON is set to go to the moon.
An analysis, not financial advice.
CRON - CRONOS GROUP NEXT TARGETSCurrently in a bull run, is showing a falling wedge continuation pattern with bullish divergence on stoch rsi visible on a daily chart, buy zone and targets at the chart.
