37c in the next 3-6 months. Possible decline to 6.5c before a reversal. Bullish cross on the KST! Tinley's trading in a descending broadening wedge. With the Descending Broadening Wedge formation, we are looking for two touches to each trendline. Both the upper and lower trendlines should fall. The lower trend line should fall more steeply than the upper...
ON VOLUME. Volume precedes price. A move without volume is suspect (see #shib). States Reform Act on Monday should be a headliner for sure. Lot's of legislation to look forward to. #cannabisreform #thegem Jobs & Justice Akerna $KERN has the data. Enterprise Solutions, Compliance SOFTWARE CEO Jessica Billingsley is Chair of USCC, United States Cannabis...
MSOS is an etf of marijuana stocks and there was a nice reversal hammer on weekly last week with volume. Options - Over 5000 2022 March $35 and 40 calls sitting in OI, bought earlier this week. Look for $37 target, area of reistance.
MSOS bullish reversal candle on the weekly with big volume which is rising over all, divergence on the RSI, broken trend line. Looking for $100 by late spring potential.
Lets see if the price can stay in this triangle and hopefully break bull in fall. GTBIF is the best MSOS stock for me. It is much stronger as the etf MSOS. Reloading? Stop below triangle. If GTBIF cant stay in MSOS have big problem as a whole...
#cannabisreform legislation c/w #cannabisboom2021 in works. Find the small caps with revenue growth & profits TODAY. Matters most in rising rate environment. Stock pickers win. This ain't it. Run away! *valuation matters
Constant Cannabis Shenanigans. Unless you're a SHARKNADO. It's Go Time! (maybe after another flash crash... lol). Don't worry about any of it. Low Vol. mirage!!!! #cannabisboom2021 & beyond. The times have changed. Revenue Growth today matters. *valuation matters. $GNLN #thegem #gethigherstandards
Local bottom for Cannabis Index ($MSOS) Reasons for longs: - Head and Shoulders pattern, obvious - Rejection off of 0.5 Fib Level - Chuvashov's fork in play - Volume picking up - Daily gap closed within a day - Hedge against possible forming S&P correction Invalidation: close below Year Open
One move push down into wave iv support level before a rally in to wave v begins. The daily count shows we could be in a sidways market here
Fundamental side of the idea: For the full year of 2020, Cresco saw a whopping 271% year-over-year increase in revenue to $476 million. The company's retail revenue for the year grew to $202 million, up 316% year over year. Much of the credit goes to its Sunnyside retail platform, which, according to the management, generated average revenue per store of $3.6...
This is a follow up from my previous post. Price pulled back to EMA and printed inverted hammer. Gap filled but Year open untested. Still looking for PA below Year Open.
First US cannabis ETF is gapping down, both longs and shorts are fair and reasonable. Longs: - Bottom of channel will be retested soon and may bounce. - Gap shall be closed and may bounce. - Once year open retested it may bounce. - I'm not watching news so I have no clue what they say on CNBC. Shorts: - Formation of H&S pattern, therefore measured move...
MSOS Trendline Break -> Cup and Handle in play = GAP close #MSOS #potstocks #Cup&Handle #GAPclose
MbII is trading in a bullish broadening wedge pattern, price action and volume within the flag seems bullish Quick day trade or swing trade possible here
Yesterday’s announcement of a movement towards cannabis legislation has been the best news for the industry since the listing of cannabis stocks. The THCX fund is newer and has a lower market cap then the MJ ETF, it also trades at a lower price making an attractive buy for retail investors. It’s holdings are: APHA Aphria Inc 8.95% 603437 TLRY Tilray...
HMUS Horizons US Marijuana Index ETF ( samesame like MSOS AdvisorShares Pure US Cannabis ETF ) #HMUS #Cup&Handle #cannabis #potstocks
Hello dear padawans. This will be a short one. If you want exposure to the cannabis market (which seems promising under the new administration), this ETF is the new (hot) kid on the block. Its price soared 130% since September 2020. It seems it is retracing now after that shooting star candle that was the peak of the exhaustion move. I plotted the fib retracement...