Still low volume and not many buyers but the chart is finally looking better so added yesterday and want to add again today
I've added to $LHS position at the 67c for retest of the downtrend line and bounce and a potential cup and handle breakout. Will keep a tight stop at 65c.
I entered long position in $apha for potential IH&S and breakout from over 1 year downward channel. But the breakout is forming ascending triangle; will be on a short leash for a quick stop if it drops back into the downward channel.
high probability break out along with rest of the pot sector
$LXRP $LXX is breaking out from 1.5 years downtrend. I sold everything at around $0.50 but but some when it started to bounce back but only have 10% of I had before. I am going to give it couple of days and want to add slowly if breakout is confirmed.
I think the shorts will try to flush once more. I hope I can execute as planned.
There is a good chance $Trul might dip to test the rising lower bound trend line at ~$10.50. My plan is to sell my trul shares if it breachs 0.618 fib line and hope to rebuy lower but I will keep all of my $trul.wt as an investment.
What a day it was, who ever was selling/buying 4.2M shares today were hitting the FIB lines preciously down to a few pennies. Expecting big volatility tomorrow too.
I posted the same chart yesterday but what a downside breach it was on the biggest volume traded so far in its young life. Because it happened so abruptly, I actually couldn't execute my trading plan to take profit on the $trul shares I own and buy $trul.wt at the bottom. Instead, I kept my share but successfully added $trul.wt near the bottom and sold some of...
$LXX $LXRP I started buying this company in oct 2017 so it's not as bad as someone who might have a higher cost basis than me but it's still a pretty significant loss and I'm holding a pretty decent size bag. Regrettably I've cheated on my stop multiple times because I liked their 'story' too much and every time I wanted to give up they gave me some hope with a...
$TRUL coiling into the power hour preparing for a take off soon
I think it will bounce up from the bottom of the channel to retest the long term overhead resistance ~$18 CAD and hopefully break out. Weekly sales have been increasing consistently and pretty much a lock to blow out their full year guidance and hopefully will make them increase the 2020 guidance as well next year.
My order for Trul.wt filled yesterday towards EOD. Hopefully this rising channel works.