Not a big fan of this sector but Village Farms has a couple things going for it. OTM calls $9 and $11 got them for dirt cheap couple months out. Risk to reward for me is good with how I'm exposed on other options currently.
Good afternoon, I originally had this posted in private, but decided to repost in public. Entry: .786 ($6.18) to low probability of reaching the 1.618 ($5.36). Exit: Common Retrace zone between ($10.45-$13.33) and you may save some to aim for the fences inside the deep retrace zone between ($15.45-$16.69) or aim for A/C Stop: Depends on how much you're willing to...
While most cannabis names have broken trend line support, $VFF support is still in tact. We are now seeing a nice bounce in $VFF and one which we think will continue. $VFF is one of the strongest cannabis players in the space and will be a market leader when the cannabis bear market is over. Some highlights of why to be Long $VFF: *actually profitable with other...
Been 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...
We are now near the bottom of the previous wave 4 of one lesser degree, and IMO it's about time for shorts that have rode this down to take their profits and flip long. I've updated my count and I now have A as a leading diagonal, and I have this whole correction as a standard ZigZag. Whatever we have here is in 3 waves, and this count seems to work, especially...
SEEING SOME REALLY NICE CONFLUENCE TO MATCH A DECENT COUNT THINK THE WHOLE SECTOR IS ABOUT TO BOTTOM. LOOKING FOR A SHIFT IN MY MOMENTUM INDICATORS AND A BREAK OF THE SMALLER PITCHFORK TO CONFIRM
VFF going up with weekly trend line. wait for retracement for entry. I also watching this one.
Another Marijuanaaa stock that is looking good right now. TSX:VFF just broke the bullish flag, let's see where this goes. Q2 conference call on tuesday, next week is going to be the big turning point for that breakout.
VFF has pulled back in two legs sideways to down after a strong bull rally. The bulls have a 60% chance of a second bull leg up before there is a strong bear reversal. Last week broke below the 14 first leg down. This is where the bears need to be the strongest. This is also where strong bulls (and bears) will start looking to buy for trend continuation. ...
super clean boring chart, still has some down i think, not clear whats exactly happening thinking an AB 12 of the C possible, more info needed to be sure. Need to break the current lows to get some better clarity. Right now double ZZ in sights.
nasdaq bear count.. I feel dirty even using an XYZ cause CT loves to over and wrongly using it, but i may be the count. potential 2x ZZ setting up, fibs and sup/res kinda near each other, need more clarity. No BS ive been seeing alot of .786 in MJ.
The high 2 micro double bottom bull flag has triggered from last week. The bears were unable to fill the $10 bull gap. Bulls likely to get second leg up from strong bull rally. They want a measured move up based on the spike or a leg 1 = leg 2 measured move. Prices will likely soon enter a bull channel. The bears need to generate strong selling pressure...
Lesson 4 Know what you want in the market Contrary to what most believe, successful traders do not actually trade constantly. Attempting to trade constantly leads to increased commission costs, random trading, and compound mistakes. In fact, successful traders spend most of their time doing absolutely nothing! How long does it take to enter an order? A...