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Weed

WEED.TO Bullflag triple top on daily +60 = breakoutWEED.TO has been running on positive sentiments and news of hemp production in New York. They are currently holding strong in a consolidation pattern. A bull flag will be completed if it runs passed 60 with any amount of decent volume. Buyers are not letting up and they're not letting go of any shares. If 60 doesn't break it will retrace and retest 54-55 levels. Let's see what happens 200 shares if it runs passed 60 with any good volume. *Any idea listed here is just my opinion of what I plan to do and not trading advice.*
TSX:WEEDLong
by Synaptic724
4
Wait for a better priceGood day folks, Aurora Cannabis has been on a wild ride. There is support at $6.00 and it is likely to be tested again. If this support doesn’t hold, it could go back to breakout price or $4.00. I prefer not to mention the large support at $2.00 as it would be a complete catastrophe for the stock imo, however I would load big time at this price. Until the stock becomes a defensive one, I think its price will consolidate, making up and down, between $4.00 and $8.00. After all, we are heading into recession. Merry Christmas to all!
TSX:ACB
by tipere445
SMOKE BUBBLE ABOUT TO BEGIN?Beeing smart money has never been so obvious as with weed. I was traveling in canada and north america a couple of years ago and I noticed that a lot of "normal people" had stuff to roll a joint at home and the first non medical shops for weed were opening. It was so obvious that it was the right moment to put some money there. If we look at canopy is actually heavily correcting. In the log chart is approaching the support of the channel growth (show later). I don't think that it will hold also considering the bearish context of the stock market. The break of the trend could represent the bear trap that we want to see before the true beginn of the bubble. Let see in a couple of month were is the situation but it could be again time to the take a couple drags. BIO
CLong
by FerdiHodler
NBEV Short play, 6.95 to 5.7 area. Fibs, sup/res, even circlesI might lose a few people on this, but I'm running an experiment to show that there is definitely something weirdly accurate specifically about the "timing of swings/big moves" when using Fib Circles if you use them correctly. Area's of interest I color-coded in TEAL or PINK. You can see this circle was simply drawn from a major low to a major high on a high timeframe. Right as we reach the .382 retracement level on the Fib retracement tool, we're also overbought and hitting a Fib circle level. This is experimental, (I get backlash whenever I suggest there can be ANYTHING to be learned from uncommon fib tools), but I'm demonstrating how Fib Circles can be used. If I'm right there should be a big move up or down (10% or more, I'm betting down) within 1-2 candles max of crossing the current Fib circle level. Let's see what happens.
NShort
by teckno05