Potstocks
$TRUL 4HRSI posted the same chart yesterday but what a downside breach it was on the biggest volume traded so far in its young life. Because it happened so abruptly, I actually couldn't execute my trading plan to take profit on the $trul shares I own and buy $trul.wt at the bottom. Instead, I kept my share but successfully added $trul.wt near the bottom and sold some of my $lxx bags to fund it.
APHA equilibriumAfter he big bounce, $APHA corrected to find a higher low, lower high, and today higher low again. Should break the equilibrium bullish as the bear volume is decreasing!! LETS GO
ACB / Cannibals Stocks CrashAURORA CANNABIS
All Time High : $12.51
Waiting for $1 to buy.
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HEXO. ITS TIME TO EAT FAM. BUY NOW, PROFIT LATER.HEXO
Majorly Oversold.
Pot Bubble POPPED.
Bottom is sunken in.
Weak hands shook.
Time for the big daddy's to take a TURBO LONG.
Buy when Blood is in the streets (and we are past a massacre)
There is huge bullish divergence on RSI
This is support zone KNOWN from WAY back.
Sunken GAP that will be filled for T4
This will take few weeks to play out.
Easy Money here.
If you wanna win,
Follow me.
Say less, lets get this bread.
BUY NOW, PROFIT LATER.
________________________
PREMIUM XSR SIGNAL:
Entry: $1.80-$.196
Target 1: $2.25
Target 2: $2.59
Target 3: $3.00
Target 4: $3.58
_______________________
Remember,
"WE DON'T HIT STOP LOSSES, WE HIT TARGETS"
- LL XSR <3
CGC $12-$13 BottomBeen calling $12.5 for a couple weeks now, and a few things making this setup perfect.
1. It's reaching this level in extreme oversold conditions
2. Overall market on fire at ATH rn.
3. Santi Claus is coming?
Looking for a really nice monthly bounce. Below are my targets, and whether or not I take profit at 1 or 2 depends on how we get there.
Target 1 = .382 Fib of the drop from ATH ~ $23
Target 2 = .5 Fib of the drop from ATH ~ $27
Target 3 = .618 Fib of the drop from ATH (Main Target) ~$33
Risk:
Will be scaling into OTM APR options to maximize my R/R, and taking on 100% risk, as I am confident we WILL get a bounce at some point soon because of how extended we are. Wheter it's $13, $12.5, or even $10 it doesn't really matter, I'll just have to lower my targets.
GL to all my MJ bulls. Better days ahead.
-ill
cgc quick chart @cryptoknee do I know exactly whats going on here?, not really, Do I love this count?...NO. I do know the sector is getting slaughtered RN and any bounce is dumping pretty hard. Will I trade off this chart, yes, but will less capital at risk. Gut/greed is telling me 10$ but..I do have a count that goes to 4$. I also see some geometry here where we may bounce a bit. Gaps usually happen in the 3s, when they happen in the 3 of 5 it can signal exhaustion... Im keeping my eyes peeled for ext 5ths and diags in CGC. but for now im looking lower...
Hexo my count @cryptoKnee #elliottwave #potstocks #weedstocks ill be the 1st to admit, the 1 of the E is not a super clean and convincing impulse, and there could be other counts. Ive been shorting since 4$ in and out and this count has been working for me B A utifully, do what ya feel.plenty of technical reasons to thing the 5 is in on this count...between here and 1.50 possible bounce MO...im still short.
$ACB is finally returning to the MEANAurora Cannabis is returning to home base. Volume picking up, divergency between volume and RSI, capitulation wicks, deviation etc. Once liquidity taken and retest made, we may see either prolonged accumulation or possibly V-type return on major news event or equal.
STZ showing strength, oversold w 200 Day support and CGC comingEoY 2018 plus Canopy investment caused a fall out of long term range. An improvement in CGC (currently oversold) means a likely return to that range, which means a possible run to $240 by EoY 2020. Even if it doesn't recapture the previous trading range, it is at the bottom of this one. Expect a near term jump especially with CGC earnings coming up.
CGC Far Oversold into Earnings, Holding at SupportCGC is oversold and its sitting at strong $20 support. Heavily news driven, and as the sector leader, most likely to absorb the spike when it comes. If positive news comes near a strong earnings, likely to run to $35 near the 200 Day.