Hear me out here. *MEDMEN*MEDMEN (MMNFF)
MMNFF: Beaten down since inception right? We know this.
What we also know: If legalization opens up across more states through 2021 then this could be a CBD retail Goliath in a few years time.
.10- .19 seems like good entry position near term.
Will most likely purchase a small position and update throughout time.
POT
PotCoin (POT) Highest Volume Since August (400%+ Possible)PotCoin (POBTC) is trying to breakout of a descending channel after printing a strong bullish candle, with the highest volume since August while challenging EMA50.
Closing above EMA50 would signal great strength.
A very strong RSI supports additional bullish action.
POTBTC has been retracing since February, so imagine how big can be the next bullish wave.
On a higher high, we are talking about over 400% or even 500%+.
This is a low volume pair, so it can do even more.
This can all develop within 1-2 months if the bullish bias remains intact.
Namaste.
**EARNINGS TOMORROW** GRWG!I love this stock so much and I took the trade at 11. Looking at them now they are primed to beat earnings with expansions happening nationwide following states legalization . Because they are a regular company, then are not effected by the lack of legalization because they've grown into what is given and can only benefit from legalization. They did well on earnings and the news feed is chock full of good shit. This is a BUY.
cannabis stocks waking upanyone looking at cannabis stocks might be eyeing up this x7 long, reasons below:
- monthly macd curling up
- price breaking long term downtrend
- obv looking to breakout, retest of blue dotted required to confirm
- good volume on this recent green candle
with world adoption this could be the quick rich scheme most are after
Top Cannabis Stock Picks! GRWG APHA GWPH. So I have a Solid pick in $GRWG
$APHA is a great buy right now at the price and with the potential
$GWPH is a LONG hold. And strictly equity. I will be adding at key levels.
I Dont disregard the favorites like $ACB $CGC and others but I think that these offer potential as well. GWPH perhaps I am biased on because ive been watching this company for a while, but I think this goes higher based off potential and foothold
All in all federal legalization will send us flying. Id rather be in position.
PotCoin (POT) Hit Lowest Level Since 2015... Easy 200%Now that PotCoin (POTBTC) hit its lowest price since 2015... We can expect some growth.
You know what we love to repeat...
Once you hit bottom, the only place left to go is up.
When we look at the long-term chart, the potential here is off the books.
One can easily aim fro 200/300% of potential profits in a matter of weeks... More in just a few short months.
This is not financial advice.
Namaste.
Make Marijuana Great Again!Bullish divergence on this penny weed stock. I think we will see a major trend reversal within the next few weeks. Catalysts include the upcoming election and also Congress setting to vote on legalization. Now might be a good time to scoop up some shares while they are cheap because this sector will *most likely* be very hot soon.
Potential Massive Double Bottom. (CANN)Looking at major s&r levels on general cannabis Corp otc pennystock.
I will throw a couple of shares in the portfolio on a potential support play. Just a buy and hold small diversification and I'll forget about it. If respects levels we could probably get a pop up towards $1 - $1.25
My indicators are not providing a buy signal, just a potential support play.
Sometimes you just feel like rolling the dice 🎲🎲
Longterm hold. Diversify! Never go all in, especially OTC Markets!
$acb daily-Falling wedge
-Volume as been anemic since may 21st
- if we see breakout 12.19 is first target then fibs will be price targets for upside/scale out
- will enter tomorrow on a break out above $11.10
Don't get high too much, listen EngineeringRobo!If you listen EngineeringRobo, you already saved up to %94, that means if you had $100.000, your investment dropped as low as $6000.
As of now, I'm a bearish since the candles are still under my down trend line. I will have to think twice if I want to buy again.
If it will break my down trend line, I will be following EngineeringRobo's next signals to take action.
You can also consider to buy at the support levels ($8.85 or $5.30).
CANNABIS INDEX [NASDAQ:NQNACE]The Searching of a PotStockBottom II
NASDAQ YEWNO NORTH AMERICA CANNABIS ECONOMY INDEX
NASDAQ:NQNACE
RENKO
PriceLine Chart
RSI
RSI + MFI
PotCoin (POT) Crypto AlanMasters Signal [POTBTC](230%+)Remember PotCoin (POTBTC)?
This altcoin pair has been available for trading for long and tends to move big when it does.
Below you have the full trade details:
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PotCoin | POTBTC
BUY: 0.00000074 - 0.00000085
NEXT SUPPORT: 0.00000068
TARGET:
1) 0.00000098
2) 0.00000115
3) 0.00000130
4) 0.00000145
5) 0.00000170
6) 0.00000195
7) 0.00000222
8) 0.00000245
9) 0.00000270
STOP: Close weekly below 0.00000060.
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This is not financial advice.
Remember to hit LIKE for more.
Namaste.
Are Pot Stocks Back? Potential Breakout OpportunityCRON has broken out of the descending triangle pattern (reversal) with a strong bullish candle (+21%) on 6/8/20. This is an interesting setup since the descending triangle chart pattern seemed to form at the end of the downtrend. Over the last several months pot stocks have gotten hammered. Some stocks even falling +90% during the bear market. The fundamentals are beginning to align, and general market sentiment has greatly improved. If sentiment remains positive, there is a possibility that CRON will continue to rally into election season. If there is a strong push for more states to legalize marijuana, then except additional momentum.
Excellent undervalued pot stock. This is by far the better of all the pot stocks. It has broken its downward trend and is rising above the 50 ma. Also 20 ma is about to go above 50 ma. A reasonable exit point would be about 2.50., but with all of the recent emotion behind pot stocks... who knows what will happen.
IMO this is a good value and I’m in on a good position at 1.99. I expect to see a pop in the next few days once the short limits are hit. I believe this stock has about 8% short float.
Is it Up in Smoke for Pot Stocks? | ALTERNATIVE HARVEST ($MJ)🌿 Alternative Harvest is on its way up after an extremely bearish last half of 2019 for pot stocks, but is it up in smoke or down in ashes for MJ? Right now we have MJ rallying off the bottom as darlings of cannabis like Aurora and Tilray push higher. This move in some pot stocks has pushed others up. Some of this is fundamental, with some better than expected earnings and one study that shows that maybe smoking pot helps ward off COVID, while some of this seems to be FOMO. Although pot stocks can really run when they run, the overall bearishness of the trend has us looking to short exhaustion from this rally... even if it is just as a hedge (although we will likely wait until Tuesday's open to execute this since we have a three day weekend).
Resource: www.thestreet.com
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1. Fractal Trend is showing a downtrend (Maroon bar color) on the 4-hour timeframe. Despite the recent strength in MJ, the trend has been bearish for a while.
2. With this strategy, we are looking for short setups in a downtrend and as such want to enter short on retests of bearish order blocks plotted by Orderblock Mapping (Maroon line color) and/or bearish S/R levels plotted by Directional Bias (Maroon line color).
3. We are looking for a short entry off of the range formed by the R1 bearish order block with a stop placed at the gap and a target of the S1 order block + S/R flip cluster.
4. If that entry doesn't work, we are looking for a short entry off of the major S/R flip at R2 with a stop placed above the R3 order block cluster and a target of S1.
5. Additional notable levels include S2 and S3. Notable here is that a bounce off S1 would create a potential series of higher lows lending to the bull case for MJ, while a break to S2 or S3 would break the short term bullish structure and lend itself to the overall bearish bias the chart already has.
This short setup makes a lot of sense to us given how bearish MJ has been over the past year and are not trying to catch any knives calling a bottom too early. That said, due to recent strength and a three day weekend for the retail markets it makes sense to hold off on opening a short until Tuesday.
Good luck MJ traders!
Phivida Ranging Within Volume NodeVIDA is definitely trading within a range also represented by a node of high volume. While this can be considered "neutral", watch for MACRO conditions to pull this pot stock to new lows if things get real bad. You may find the RSI helpful in observing direction here as it's already hinting something.
CGC cup and handle Breakout I see nice Cup pattern forming on daily chart. handel forming nicely on 9EMA.perfect bull Flag enter on volume.... Target at 50 EMA