CGC trade ideas
WEED Broken down trend line...New up trend?WEED has broken out of its downward trend line. Probably getting a push with the boost in healthcare and biotech.
If it can breakout some more and hold key support I will be a buyer. WARNING very risky stock. Proceed
according to your fully tested trade plans.
WEED Demand LevelWEED will bounce at this level. And the bounce will turn into a trend. This is where teh trend changes to UP. All aboard.
WEED(TSX) potential reversalOn watch, a bit early as will ramp up likely towards 2018 july. will wait for confirmation after next weekly close. $WEED $HMMJ (TSX)
Produced an ENTRY (BUY) signal......using this indicatorWell....seems like weed stocks might be on the rebound. $ACB $WEED are ones that are looking good using this indicator. Happy Trading!
WEED. Gettin smoked!WEED has been in a free fall for months. Not sure where it stops, but Im looking to load up on some Mary Jane stocks soon. Will keep you guys updated
BUY set upBeen waiting on this to break the a wave low for a long time. some more down is possible watch for the breakout
What is the Best Marijuana StockWhile many marijuana stocks fall have small market caps, investors are not stuck investing in marijuana penny stocks, though those can be very profitable.
For investors looking for the one of the best marijuana stock to invest in, while ACB stock may be the more enticing option, their best bet could be Canopy Growth Corp (TSE:WEED).
The first billion-dollar market cap weed company, Canopy Growth has a lot of the makings of a great and stable industry leader. While other companies have faced controversies on everything from pesticides used in growing operations to possible shutdowns,
Descending Triangle, but with Potential for UpsideI'm seeing a descending triangle formed since earnings mid-Feb. The triangle sees a failed backtest on 11-Apr, and a battle at long-term (and psychological) support of $9.50 CDN. I'm anticipating a possible fall to the previous psychological support of $9 CDN, but with earnings around the corner, there could be a breakout in anticipation.
I'm a long-term investor in WEED, but am exploring (read: newbie) TA for this and other stocks. Constructive comments are appreciated!
canada top pot compagny (canopy growh)As we all know, Canada is making big moves towards legal use of cannabis and announced that it will be fully legal in 2018. Many investers are asking themselves if pot stocks will take off.
Well as we all know no 1 knows the truth about what will really happen with pot stock's.
But from personal experience and analysing the cannabis market I think that many pot stocks will double or maybe even triple up in value over the years such as canopy growth ($weed), the biggest canadian pot stock and the most predicted stock to go up after the legalisation. I also think that this pot stock is probobly going to get bought by another compagny during or after full legalisation process which could make the stock become even bigger. Althrought, even if this stock is worth considarating there's always risk related to the market.
WEED just reported earning.. and still + sideLast eruption of WEED was during nov 2016, A retest of the high was due yesterday and today after earning we se a re-bounce of Fib 50. I take the trade and with a 6% SL but with a 3 time R/R ration,, This is my thinking
