The price of Curaleaf has set back significantly since its impressive rise in September. Soon, however, it should continue, as the price has now reached the green target zone between CAD 5.50 and CAD 4.33, where we locate the low of the green wave 2. Following the low, there should then be significant gains again with the further green five-wave move, reaching CAD 12.
Curaleaf's stock price has experienced a rapid increase, surpassing the resistance level at C$5.68. It appears highly likely that the stock is currently within the orange wave iii, which is anticipated to extend beyond C$8. However, this upward movement might not be as meteoric and could follow a more gradual trajectory.
Pretty had to find a more beautiful chart. Looking for the break of the falling wedge for confirmation.
Bullish on MSOs. *valuation matters. $GNLN #thegem #cannabisboom2021 JOBS & JUSTICE #cannabisreform
DAILY CHART CURA forming a wedge.It can move sideways a bit until next earnings on NOVEMBER 23. November 23rd is near the edge of the wedge, when multi-day breakout can happen. With the thickest part of the wedge measured, and cloned (see the purple slanted line) it should reach the target of $17.90. About a 50-60% return from the bottom of the wedge.
Or, possibly this pattern plays out as a bullish flag. The KST is displaying a bearish cross where I have placed the red downward pointing finger. Keep an eye on the DMI in the upcoming trading days, if there's a bullish cross it would be very note-worthy for the bullish narrative. Something similar to what happened where I've placed the green fingers. The...
CURALEAF Third Largest Cannabis Company Worldwide FUNDAMENTALS & TECHNICALS 1. February sell off has resided and patterns are looking bullish. We are in line to reach $25 by earnings call on March 22nd (catalyst) 2. January highs have been tested at $16.70. Levels involved with $50 Million Canaccord Genuity offering and the replacement of the CEO 3....
Hello traders, this thing is strongly bullish now but its about to curve downward. I see the TOP forming. Get ready for the shorts.
Breakdown for a friend of mine. Off script lol
It's possible this pattern plays out bullishly as a Bull Flag, there's a noticeable divergence on the RSI, we've seen higher lows in the RSI but the share price has basically chopped sideways. On the KST there's been a bearish cross.
Hello Traders! Today’s chart update will be on CURALEAF HOLDINGS which is testing its local support where a bounce is probable. Points to consider, - Clear equilibrium - Local support at .50 Fibonacci - RSI testing support - Stochastics in lower regions - MA’s supporting price CURALEAF is travelling between two clear supports and resistances closing in on...