RiskMastery's Breakout Stocks - AAWH EditionWelcome to RiskMastery's Breakout Stocks - Stocks with breakout potential .
In this edition, we'll be looking at OTC:AAWH ...
I believe this code is at a point of potential volatility.
If price can hold above $1.43 ... Bullish potential may be unlocked.
My key upside targets include:
- $2.15 (Conservative)
- $2.83 (Medium)
- $3.79 (Aggressive)
If however price falls below $1.08 ... Bearish potential may be unlocked.
(My key risk targets - C, M,& A - are as noted on the chart)
Enjoy, and I look forward to being of further service into the future.
If you'd like to connect, feel free to reach out and/or comment below.
Mr RM | Risk Mastery
Disclaimer:
This post is intended for educational purposes only - Publicly available RiskMastery information & content is not intended to be financial advice in any shape or form. Please do your own research and seek advice from a licensed professional before acting on any of the information contained within this post. This post is not a solicitation or recommendation to buy, sell or hold any positions in any financial instrument. All demonstrated trades are merely incidental to the educational training RiskMastery aims to provide. You are solely responsible for your own investment and trading decisions, of which should be made only according to your own opinion, knowledge and experience. You should not rely on any of the information contained on this site or contained in any RiskMastery material on any website or platform. You assume the sole risk of any trade or investment you elect to make. RiskMastery and affiliates shall not be liable to you for any monetary losses or any other damages incurred directly or indirectly, from your use, reliance or reference of RiskMastery materials, content and educational information. Thank you for your understanding and cooperation - We look forward to working with you into the future to navigate the fine line of trading and investment success.
AAWH trade ideas
Puff PUff BUY.. Marijuana Stocks have started to make a turn around. Late Q3 and Q4 Of 23, I noticed weed stocks seemed to be bottoming. Grabbed these @ .65
Now looking at the market structure with the macd crossing 0 level and good buy side momentum I will be adding more to my portfolio. I have a $ 2.00 target for short term.
Ascend Wellness Holdings Inc - $AAWH Chart AnalysisTAKE A HIT OR LET IT SIT?
Ascend Wellness Holdings Inc is currently on a downtrend (duh), which just came out of an extension, starting end of February ('ABCDE').
Ascend Wellness ($AAWH) is currently cashed for me and I don't think I will hit this joint for a while.
At time of prediction, the current stock price movement was in a running-flat extension and saw no point entering the trade. On March 10th, '22, the stock price was around $3.99, which dipped 5% next day, only to jump up 13% the next day $4.27 and then sold +12% the very next day. That's that type of hits I don't like.
Currently, I see this bear trend will continue to produce a lower lows for a while until we get around $3.30 (for a small possible correction) and if it doesn't hold true, the ticker will likely be sold for a bit longer, down towards $2.60 ($1.4 end game PT if all hell breaks loose).
I will set an alert around $2.90 (as it makes it's way down to my $2.60 target) to revisit this cannabis ticker and see if there is a correction that might light up new highs. (Written March 9th, some events may have past).