$MYMMF Eyes on the box. Call limit order with tight S/L.Looks to be consolidating and gathering support here. Call order placed with tight S/L. Parabolic SAR has turned bullish here and ichimoku has formed a Bullish C-Clamp. See Chart for further details.
Potstocks
$FFRMF Trendline Bounce. Catch the 5th #wave ? #cannabisstocks $FFRMF had a nice bounce off the trendline on the 1D time frame. Small call position in play here. See chart for further details.
Elev8 Brands Inc: VATE Hemp/CBD beverage and Hemp/CBD Oil stock."A Hemp & CBD Beverage stock and a Hemp & CBD Oil stock"
Elev8 Hemp is a company founded on the basis of creating high quality, organic hemp products, such as CBD rich tinctures and hemp coffee, water, lotions, and teas. Products:
List of wholly-owned subsidiaries of Elev8 Brands, Inc.
(1) Elev8 Hemp LLC: development and marketing of hemp-based food, beverage, and health care products including hemp coffee and hemp tea.
(2) O2 Breathe: focuses on their oxygen bar while bringing in an array of CBD products. O2 Breathe carries CBD tinctures, CBD vape, CBD lotions and massage products. 02 Breathe is currently looking to offer CBD at their oxygen bar.
(3) ZOE: focuses on the development and marketing of CBD-based products such as CBD Tinctures, CBD E-Juice, CBD Lotion and CBD Salve. zoecbd.com
Retail Locations:
Elev8 Amazon Store Front: US goo.gl Canada: goo.gl
Elev8 Brands was awarded the distinguished “Amazon’s Choice” Honor and continues to receive great reviews and showing strong demand for all of their products.
Elev8 is being showcased in 11 Lucky's, a Kroger-backed specialty grocer store, locations in Flordia. www.instagram.com
Fun Fact: CEO of KGKG is president of VATE and KGKG owns $6 million worth of VATE stock.
Political Fact: Congress may swiftly resolve a drawn-out impasse on the U.S. Farm Bill now that Democrats are poised to retake control of the legislative body, the top Democrat on the House Agriculture Committee said on Wednesday. This is also shared with Rep Mitch McConnell, saying he guarantees Industrial Hemp in the Farm Bill.
This Farm Bill will legalize hemp in the US.
Products:
Coffee beans (Fair-trade): goo.gl
Website: elev8hemp.com
Oil:
Hemp: goo.gl
CBD Tincture / Lotion / Salve: zoecbd.com
CBD Infused Iced Tea:
Coming in the month of November 2018 goo.gl
Stock:
Elv8 Brands will retire 10 million common shares to treasury.
Financials:
They are now completely up to date with their financial filings, and now that they are fully reporting have been approved for the "OTC Ventures Market".
Statistics:
No Debt and 196.81M in cash (mrq Jun18)
Hemp Tea:
goo.gl
CBD Infused Water:
Coming in the month of November 2018 www.instagram.com
Cold Brew Coffee In a Can: Coming in the month of November 2018
02 Breathe Oxygen Bars:
02breathe.com
elev8hemp.com
twitter.com
www.instagram.com
www.facebook.com
time to load up on BUDA lot of talk about cannabis and adult beverages but how come BUD isn't making headlines but it is building a base.
APHA surges on Jeff Sessions' ResignationBig move today following a tweet buy President Trump that he has accepted the resignation of Attorney General Jeff Sessions
twitter.com
This came after a clear hourly bear break across the sector singling some daily consolidation was coming, but this breaking news clearly sidetracked that plan and delayed consolidation for at least a little while. I am closely watching for the hourly trend to change as the daily chart is very over extended right now
Key levels for tomorrow:
S: 16.03
R: 17.33
ACB surges on Jeff Sessions' ResignationBig move today following a tweet buy President Trump that he has accepted the resignation of Attorney General Jeff Sessions
twitter.com
This came after a clear hourly bear break across the sector singling some daily consolidation was coming, but this breaking news clearly sidetracked that plan and delayed consolidation for at least a little while. I am closely watching for the hourly trend to change as the daily chart is very over extended right now
Key levels for tomorrow:
S: 9.59
R: 10.75, 11.29
CGC surges on Jeff Sessions' ResignationCGC saw a huge move on President Trump's tweet that he has accepted the resignation of Attorney General Jeff Sessions
twitter.com
This came after a clear hourly bear break singling some daily consolidation was coming, but this breaking news clearly sidetracked that plan and delayed consolidation for at least a little while. I am closely watching for the hourly trend to change as the daily chart is very over extended right now
Key levels for tomorrow:
S: 45.10
R: 48.13
$TGODF Call order placed. #ichimokukinkohyo #timetheoryWaiting for pullback here looking at the 1D and 240m time frames. Call order placed. See chart for details.
APHA fails to break daily inside barAPHA has another inside bar on the daily. Watching key levels first thing tomorrow
S: 15.11
R: 16.09
ACB finishes strong on weak volumeACB gapped up over the key resistance and saw profit taking, fighting back throughout the day to climb to a new high of day.
Levels I'm watching
S: 9.07
R: 9.88
CGC breaks the inside bar bullishCGC had a nice little move after breaking the daily inside bar today. I'm looking for some profit taking tomorrow as the hourly chart needs a new support above 36.67
S: 36.37
R: 41.06, 42.43
EMBLEM: Legal Cannabis ProducerReentry price levels to watch:
Emblem Corp. produces, distributes, and sells medical cannabis and cannabis derivatives in Canada. The company also operates medical cannabis education centers to provide education services for making informed decisions about medical cannabis treatment options to physicians and patients. In addition, it provides various accessories. Emblem Corp. has a strategic partnership with GreenSpace Brands to develop and commercialize cannabidiol infused health and beauty products. The company is headquartered in Toronto, Canada.
Letter from the President and CEO of Emblem
finance.yahoo.com
Current Total "Square" Ft: 23,500
Future Total "Square" Ft: 170,000
Location: Toronto, Canada
Website: emblemcorp.com
Number of Employees: 68
Market Cap: 143.61M
Ave Volume: 308,438
TLRY-Primary Wave 3-Part 1 TLRY has completed Primary Wave 2 and is now beginning Primary Wave 3.
Analysis Method: Fibonacci + Wave Theory
Primary Wave 1 & 2:
Primary Wave 1:
Primary Wave 1 (Rounded):
Sub-Waves:
Wave 1 - 350%
Wave 2 - (25%)
Wave 3 - 75%
Wave 4 - (23%)
Wave 5 - 208%
Primary Wave 2:
Primary Correction (Rounded):
Wave A - (67%)
Wave B - 82%
Wave C - (52%)
Currently, we are forming a Micro-Wave and have completed Sub-Waves 1, 2, 3, and 4.
Micro-Wave 3 had an Extended 5th
Expect the 5th Micro-Wave to extend (Red).
Will update.
-AB
APHA watching the hourly uptrend APHA has an hourly uptrend on watch to determine if we're going to see bounce continuation or healthy daily consolidation.
Key levels
S: 15.07
R: 16.17
ACB hourly uptrend on watchWatching the ACB hourly uptrend, the loss of which will signal healthy daily consolidation is coming. A break of Thursday's high of 9.28 will have us looking for bounce continuation.
Key levels:
S: 8.84
R: 9.28
Watching CGC hourly trend for clues on this bounceDecided to try something a little different today because I don't want to type up a bunch of analysis.
I'm watching the range of Thursday to break to tell me if we're going to see bounce continuation of a healthy pullback to form a daily higher low, and then try to change the daily trend with a higher high.
Key levels:
S: 35.85
R: 38.28
TRTC Primed for Breakout and Mega PumpPot stocks can pump like there's no tomorrow. TRTC never had its big pump. I hear fundamentals are good. Sitting at long term support with a fantastic r/r.
APH hourly equilibrium on watchThe oversold bounce is starting to feel toppy with a bearish reversal candle on the daily and declining volume. The high of the day rejected from the 20MA and we're in an hourly equilibrium now to determine if we're going to see bounce continuation or set a higher low on the daily chart.
I would also look towards Canopy for clues on how the sector leader breaks.
Key levels for hourly eq:
S: 14.65
R: 15.54
_____
For anybody looking at any individual stock it is imperative to keep an eye on the overall market and the analysis I do on SPY. The correlation of every individual name and sector to the market is very real and affects every stock you own.
ACB hourly equilibrium on watchThe oversold bounce is starting to feel toppy with a bearish reversal candle on the daily and declining volume. The high of the day rejected from the 100MA and we're in an hourly equilibrium now to determine if we're going to see bounce continuation or set a higher low on the daily chart.
I would also look towards Canopy for clues on how the sector leader breaks.
Key levels for hourly eq:
S: 8.63
R: 9.12
_____
For anybody looking at any individual stock it is imperative to keep an eye on the overall market and the analysis I do on SPY. The correlation of every individual name and sector to the market is very real and affects every stock you own.
CGC hourly equilibrium on watchThe oversold bounce is starting to feel toppy with a bearish reversal candle on the daily and declining volume. The high of the day rejected from the 100MA and we're in an hourly equilibrium now to determine if we're going to see bounce continuation or set a higher low on the daily chart.
Although we have some new levels from after hours, there was minimal volume there so I am not giving those much credibility.
Key levels for hourly eq:
S: 35.85
R: 37.77
_____
For anybody looking at any individual stock it is imperative to keep an eye on the overall market and the analysis I do on SPY. The correlation of every individual name and sector to the market is very real and affects every stock you own.
$ICC Long position in play. #ichimoku #PSAR #RSI #cannabis$ICC order filled. See Chart for S/L, T/P.
Aurora bulls buy the gap down openQuick updates tonight.
ACB had a big gap down and giant bounce in the first 30 minutes of trading, and remained in an hourly equilibrium for the remainder of the day. Bulls made an attempt at a new high of day in late afternoon but came 4c shy of resistance.
The end of the day saw SPY with big bull move finishing up near the high of the day on the strength of both the tech sector and financial sector, while Canadian MJ was unable to derive any momentum from the this move. That does give some reason for concern with bulls being so close to resistance but unable to break it.
Tomorrow first thing the bulls want to break our two hourly resistances in order to see bounce continuation. Failure to do so a second time would be a red flag.
Key levels:
Support: 7.55
Resistance: 8.16, 8.20
If the bulls find the momentum to break this range and see continuation on the hourly bounce, we would look for a 4hr lower high compared to 11.29. There are numerous hourly resistances on the way up to that level, giving Aurora several more hurdles that Canopy and Aphria don't have to deal with.
_____
For anybody looking at any individual stock it is imperative to keep an eye on the overall market and the analysis I do on SPY. The correlation of every individual name and sector to the market is very real and the market has been showing significant weakness over the past four weeks. This correlation affects every stock you own.
