WMD - Bullish reversal. Pot stocks are hot again.Bullish Engulfing candle + bullish MACD cross indicating reversal.
POT
POTBTCThere's a falling wedge that is reaching its end, and along with this, it has remained above daily MA200
Not financial advice, do your research
POTUSD - Pot Coin Cannabis Coin CryptoLooking for an entry on Pot Coin, bull run for cannabis has not ended and will see growth in years to come! Also check out EDEN or EDEN.CN (Eden Empire) on the Canadian Stock Exchange, Canadian Securities Exchange (CSE), formerly the Canadian National Stock Exchange (CNSX), is an alternative stock exchange in Canada. Eden Empire is a chain of dispensaries and grow facilities in the US and Canada.
APHA Day Trade IdeaAPHA (Aphria, Inc.) is rebounding up from a support line on the year to date rising fibonacci channel.
It is probable that APHA will continue it's upward momentum up to 17.81 for an approximate 13% gain (+/-) upon where it would encounter the yearly 61.8% fibonacci resistance level.
If APHA crosses above 17.81, the Point of control (POC) where volume is most concentrated is at 18.75.
Crossing this level is less probable but not impossible, as APHA has been known to out perform both in market hours and after hours.
I currently have no position in APHA, so this is just my unbiased opinion.
Still awaiting reentry for Sundial SNDLIt's sort of at a tipping point and I don't think it has the strength to tip upward.
I will probably make a partial reentry anywhere in the circle, then wait for more information. I have it going as low as $.94 but I won't wait that long for my first reentry. If it gets to 94 cents I'll go hard. With legalization on the table, it may not dip so low, but remember that any time a stock makes a really big run, there are a lot of shares out there in the green. Most people like to take profits at some point or another. It's only March, this stock has a long year ahead of it and a lot of time to reach $7 or higher. For now that's my expectation but I'm not rushing back in yet.
Oh yeah.. IF it rides above the rising trend line I will have to watch it like a hawk in case it decides to go on a run. I'm not confident in that, but I acknowledge the possibility. I still don't think we are in emergency mode yet. I think we still have this week and maybe next before we start missing out on runs. Later this week we might see some early surges so I think we just need to "stay calm and due diligence" (trademark).
Discount shares on SNDLAs of working on this chart price hit $1.02.
This is my 5th post with SNDL. Left previous indicators and anded new prediction for End of March. Lets see if we can keep predictions here going strong!
You know the drill. Get your discount shares.
Good luck!!
*Please leave a like if you find this post useful*
Not feeling Aurora. Looking for Head and Shoulders reversalThey were left out of the deal with Aphria, lost a CEO last year who was hired particularly to find a merger/acquisition, they have been continuing layoffs, lost billions of dollars last year, keep diluting the stock, and they are running a large multinational organization (complicated).
The best hope for ACB is that it has hit rock bottom as a company and will survive with nowhere to go but up.
Watch for these moves to see which way it is heading.
Yellow line through a green zone is a potential buy,
Red line through a red zone is a potential sell.
Always check fundamentals/technicals before making any trade.
No prediction, just hope. GRCU pot stockAll I'm sayin is that it looks hopeful to have bottomed. One could plead the case of bullish divergence. With legalization in the cards this year, maybe this is a dark horse but it's too soon to tell. I love to draw predictions but I don't really have a lot to work with here. This is one of my long term holds.
Has EVIO found the bottom?EVIO is an independent 3rd party lab testing company that specializes in marijuana/hemp/cbd analysis.
I randomly scanned the QR code on a CBD preroll yesterday and noticed the PDF test results were produced by EVIO.
I have been holding EVIO since 2016 or 2017 after extensive research, and I was surprised when I saw the aforementioned PDF.
They have signed an agreement in late 2020 with a company that will provide them more testing nationwide.
I'm looking for a breakout of this wedge, hopefully to the upside.
Twisted Hemp website (for research purposes) where you can find the linked lab results, with the EVIO logo at the top:
www.twistedhempwraps.com
Cgc down till earnings My observation of $cgc
All the news of pot stocks is only good news for who ever comes out with the next approved medical use.
It's great news but companies are not close to getting fda approved let's say this month so that is why I'm calling short. I bought 3/05/21 43 puts
And bought 2/12/21 43 puts
If it does breakout tomorrow I will sell all.
Futures are looking bad for the night so looking for a sell off tomorrow.
You need to sell the gear to grow the greenYou need to sell the gear to grow the green.
As operations expand they will need new equipment's and replacement equipment to grow pot.
This company will grow as well to meet that need.
Looks like we are in price discovery mode and soon to run out of steam.
So we might get a discounted price soon
you need to sell the gear to grow the greenYou need to sell the gear to grow the green.
As operations expand they will need new equipment's and replacement equipment to grow pot.
This company will grow as well to meet that need.
This stock in in teh habit of r dropping 20-40% and recovering so I hope I get some at 55,54,53 or so before moving higher.
FUV - area of valuePotential bounce play here between two major areas on the chart. Double bottom right at this level of support, waiting on further confirmation to enter and play this back up to resistance. I will be waiting for a break from that trendline, a break above the 8ma and 20ma to show clear reversal before entering. Let the trade come to you!
Tilray Bull OutlookSupport found at 61.8% retracement, and 21 EMA, and trend line,
Support zone between 23.50 and 27.50
Rationally, I would expect at least a flash down to the low twenties.
Merger talks, WSB, stimmies add to the bull case
CRONOS pot stock outlookPlenty of support zones from fibonacci levels, trend lines, and previous resistance.
I'm expecting pot stocks to generally remain bullish for 2021, just look for healthy corrections from time to time like I've illustrated here.
$8.50 might trigger a lot of stop losses so keep an eye out if we get to those levels.
LONG INVESTMENT ALERT: URBAN-GROURBAN-GRO
I think this might be a big one folks...
Excited to be first post on this ticker since it recently got listed on NASDAQ.
It seems like it could pay off short term but def a LONG hold here.
I believe if you have any pot stocks in your portfolio this would definitely be a good addition. (i.e:CRCLBF/UGRO/SMG/SNDL/CGC)
*Please like if you find this post useful ALSO if you have any insight on this company feel free to post a comment, thanks*
www.urban-gro.com
Sector : Commercial Services
Industry : Miscellaneous Commercial Services
Urban-Gro, Inc. is an agricultural technology systems integrator. The firm engages in manufacturing, distributing, and selling lighting, pest management, fertigation, and water and other products to the medical and recreational cannabis industry in states where operation of a cannabis production facility has been legalized. It also provides full design and expertise on climate and automated control of fertigation and irrigation systems, lighting systems, environmental, substrate and inventory monitoring, water treatment systems, and integrated pest management solutions. The company was founded by Bradley J. Nattrass and Octavio Gutierrez on March 20, 2014 and is headquartered in Lafayette, CO.
TLRY over 18.23TLRY is forming a bullish descending wedge under yearly resistance, majorly bullish. Entry based on hourly resistance.
This drug company could ride the pot wave on a mushroom capThis drug company could ride the pot wave on a mushroom cap.
Just a hunch
No hard numbers
The mental metrics just line up for me.
What was once illegal and destructive is now legal and restorative.
Shocking!
And NOT investment advice - just an observation.
WEED MAPS GETTING HIGH!!! 20-25??SSPK had a massive spike today, a nice confirmation of my bias. We just voted on extending the life of the company to complete a merger, personally I voted for, Weedmaps is an excellent company with a delivery interface as well as Saas side, I believe it has massive room to grow as its one of a kind and established in the space. Looking to size in on the next dip I have shares at 13 only wish I bought more. I think after a slight retracement due to the momentum run up this SPAC could going higher as the merger comes closer to a close. Let me know what you think.
AQB Long IdeaThis may be a tad late, but AQB looks good. I would have bought 3 days ago at the buy signal. Might be another chance to get in here.
