Money gone. I have been following this company, curious to see how criminal activity plays out, but stayed on the sidelines as I don't like to gamble. I know many retail investors expected this to return to old highs with short term fix and a fresh license. In reality, if you invested, trading has now been halted on both the TSX and the NYSE, and you can't reach...
I've read so many comments from people that think Canntrust is going to make a comeback. They have been floating adrift without a license, without sales and without production. Even if they get their license back, what kind of market share would they still have? All patients gone, no inventory, this company is in total shambles. A take over target at best, but who...
This thing has been moving recently, and although it may pull back it looks ready to run much further. I'll be watching this one closely
CTST touched major support line. Well I don't think there is no any way back from this at least anytime soon. That's why i'm watching this other Weed stock for a potential opp. Watching it and also this other stock as well
It looks like a reverse pattern. It got beaten down after disappointing earnings. They spent a lot of money and investors did not like it. It is spending just like all the other MJs. They have a very good number of patient and good sales growing numbers. The RSI is low. Buy with a limit at 13.2 and a stop loss at 9.2.
Fibonacci was right last year. Why would he be wrong this year? If you still have a position, use the next jump to look for an exit. Canntrust will be interesting again when it has shown some healthy consolidation, and shown that it can solve the challenges it faces at the moment.
Posting earnings today. Sell the news or all time high? Pattern certainly looks like it WANTS up. Double top, testing resistance several times, needs to break with huge volume in an attempt to reach for the stars...
In this daily chart IMO this supports bullish plays, in that we now have the 200 SMA providing additional support below slightly curling up to further upside potential. The light gray rectangle on this chart indicates consolidation is in play, which should allow for the RSI to cool off and allow bullish buyers continuation. To further substantiate this view a cup...