Bottomed Out for Q4, moving to the 3.30$ rangeTOBAF moves in a cyclical fashion. Based on the past 3 quarters it has strong gains followed by sharp drops. We are at the bottom ready to move upward. TOBAF has also had strong earnings and room to grow
TAAT trade ideas
TAAT about to get uplisted on the NASDAQHello bull gang, this one is a short term and I'd keep my expectation low.
Intro:
TAAT is a hemp cigarettes distributor and on the 26th April, submitted initial application on the NASDAQ which takes max 4 weeks to approve.
I've marked 2 possible dates when NASDAQ application will be approved, one is less than 2 weeks and another one is between 2 and 4 weeks.
The quicker approved, the less possibility to dip and drop of volume. If after 1-2 weeks it's not approved, expect drop in volume, interest and price.
Pros:
-Volume rising, can hold for 1-2 weeks
-Place for growth, can target 5-6$ price in short term.
-Short play, max 4 weeks to approve the application.
-Can quick sell the news to other late buyers.
-Retail it on the NASDAQ or sell the news on the day of approval.
Cons:
-Serious red day will send it to dip and kill the trend.
-Volume may not survive even one week.
-Holding 4 weeks is a risk and you should setup your stop loss trigger in case things turn ugly.
-OTC stock, prone to manipulation.
Small Warning: Do not take this as financial advise, think before you buy something and plan ahead.
TAAT Back down to reasonable levelsThe 2-3 mark is best for entry. But we look to be at a major level of support should it hold.
Dont skip your stop loss entry unless you are willing to avg down at 2.90 ish.
I find that I am in the red in quiet a few positions which I may need to avg down on. So in the interim, my stop losses have to be tight on opening new positions.
Long on TAATOkay this is a bit confusing.
the 3.40ish area is good entry because the stock appears bullish and MACD reversal appears to be happening.
It seems to have a bullish long trend, with resistance at the $4.00 mark
I want to enter with a stop loss being a fall below the long term trend line. A second level of support is the black line.
I am entering at 3.40 ish, exiting at 4.00 on the dot.
Then re-entering as it reaches the bottom of the trend line, and so on so forth.
Ill be watching for breaks above the 4 dollar resistance mark, that would be a bullish opportunity as well.
TAAT Will Be The Best Performing Equity In 2021TAAT is launching in Ohio this month and it looks ready to take out the all time highs again. Cup and handle is almost complete and holding key Fib levels. Beyond Tobacco will be a game changer! Helping people quit nicotine and it's a lot cheaper than current CBD products.
Taat lifestyle is about to go up with smoke!Taat lifestyle looking like a great buy with price line on support, bull pennant looking like its forming well. The price should appreciate due to a couple factors:
- Prices buying pressure has pushed this stock back to support and would like to see a confirmation breakout up within this week.
- Shipments of first hemp product is on its way and should arrive November 27th 2020. Hype of that news will build and price should react.
About Taat Lifestyle:
A proprietary blend of premium hemp that is exceptionally flavored with rich naturally occurring terpenes.
A better-for-you alternative to tobacco that tastes and smokes as well or better than traditional cigarettes.
Taat Beyond Tobacco™️ cigarettes are non-psychoactive & contain no tobacco and no nicotine, making them ideal for use as a tobacco replacement or cessation tool.
Cannabis benefits without the ‘high’. Effects of high yielding CBD and CBG but is Non-Psychoactive and does not deliver the scent or taste of cannabis.
source: taatusa.com
TAAT : Trading IPOsTAAT IPOed on the Canadian Stock exchange on the 24th of June this year. It had returned 39% over the past 3 months over some optimism on its E-cigarettes business. Vanguard Subscribers were asking how to trade this particular stock.
Multiple Time Frame Analysis show an UPTREND in all timeframes from the 4hr to the Monthly
Price trades above the Supertrend line on all time frames : UPTREND
Price is UPTREND above the Ichimoku Cloud SSSA/B lines
Technique : Aggressives buy when price retreats and bounces as close to the Supertrend line as possible and place stop loss on the SSSA line . Once price clears the Supertrend line comfortably, raise your stop loss to the Supertrend line.
Conservatives buy when price breaks through SSSB line and re-emerges from below to above the SSSA line. Buy on the first candlestick close ABOVE the SSSA line.
Target Price/EXIT : Sell only when your stop loss is hit = Supertrend is violated. If your initial trade had been successful, a raise of your stop loss from the SSSA line to your Supertrend Line would have given you a risk free trade covering your commission and cost of your trade.
