Barkworth

Barkworth Updated 

I see many idea's for this stock in the past few days, telling us to buy ACB . Though I do believe this stock has a very good upside, the current setup is not bullish at all. I am also getting messages from friends, telling me to look at the all time FIB chart and draw them correctly. As much as I appreciate that, I want to remind everybody that succesfull...

Barkworth

Good underlying strength, support at $6 held yesterday, fundamentally strong. Packing a lot of energy and could be headed for a break out at the first bullish news... This is a largely ignored MSO, and they are definitely worth a closer look.

Barkworth Updated 

I'm still on the sidelines with this stock. I was changing diapers when it touched support and moved higher, so I figured to wait and see if I like the setup for a position on the retrace that is guaranteed to come. What cause last week's rally? US news on CBD regulations? OGI's meager results? Short squeeze, options expiring? Who knows. Smart money buying...

Barkworth

Healthy consolidation after a substantial bounce. Underlying weakness still. Bulls will have to sustain volume to keep her over $2. I don't think that is a likely scenerio. If the bears take over again, we'll see a retest of $1.90 and possibly the lower levels. Earnings due in March. I don't think we can expect anything in terms of news from ACB for now. Though...

Barkworth Updated 

We're likely to see a retest of the area of resistance, to confirm if we have a S/R flip. If resistance indeed turned support, the stock is a buy in my opinion, likely to retrace to the green channel, before probably looking for a weekly higher low. Looks like a possible break out. 35% of the float is shorted. If the bulls remain in charge, they're going to take...

Barkworth

Uptrend with M continuation pattern. Indicators show underlying strength. Merger with Origin House completed. This could get catapulted back to former highs, or at least the $8-9 range.

Barkworth

Head and shoulders complete. Slight pull back, make or break time. I guess earnings wasn't what we wanted to see? I'm waiting for a bullish break to get in. Yalla! Let's go!

Barkworth

Looking pretty extended, rejected at major resistance. Recovery rally could continue, but bulls have to take charge again today. If bears take over, we'll see a retest of $2 and the lower resistance levels, which should/could act as support while indicators cool. Shorts have probably reloaded. Adjust your stops...

Barkworth

When I see this pattern completed the daily charts, I take partial profits and adjust stop losses. The larger the time frame, thehigher the accuracy, they say. No idea wheret the top is, but I can see an enormous pullback coming, as soon as the bears take controll.

Barkworth

I've read so many comments from people that think Canntrust is going to make a comeback. They have been floating adrift without a license, without sales and without production. Even if they get their license back, what kind of market share would they still have? All patients gone, no inventory, this company is in total shambles. A take over target at best, but who...

Barkworth

Some people made good money on this recent rally, but I don't see her go any higher any time soon. Daily candle looking extended, rejected at multiple resistance, weekly downtrend still valid.

Barkworth

IIPR could be forming a bull flag. Indicators are cooling, relatively good volume, but speculative play.

Barkworth Updated 

A clear uptrend, these past few weeks, it looks like the stock has bottomed and is currently waiting for new momentum. Still extremely overvalued at current market cap of $3B. The company shows excellent growth, however, and with the EU possibly opening up for marketing of Epidiolex this year, we could see growth sustained or even increased. I'm currently hoping...

Barkworth

Broke daily resistance and closed above. Indicators show underlying strength, but Stoch indicates a possible retest of local resistance at around $78 (both daily and hourly charts). Currently closed at weekly resistance of $80.30. A break with volume above $80.30 could see IIPR look for a weekly lower high. If rejected, we'll be looking for a higher low.

Barkworth

I'll be receiving my 0.71 Cresco Labs shares for every Origin House share I owned. I bought them at a discount, so I am very pleased that this merger is closed now. What is ahead for Cresco? Completion saw a small sell off, which I think could be expected. Not actually sure. Perhaps it was just the broader market playing it down. I think there is a bull thesis...

Barkworth

Underlying weakness, with bullish divergence on several indicators. Could possibly see a correction to $0.70 support/resistance soon. Excellent fundamentals, undervalued and a strategic investment by Imperial Brands. Monthly/weekly falling wedge likely to remain in play until Q2 2021, but there should be some significant bounces. Currently trading at $0.57, a...

Barkworth

Will this be just another company that doesn't live up to its own guidance, or will we see a third straigth quarter of profits? Good fundamentals, indicators looking bullish, RSI loaded. Will she break weekly resistance and try for the a new supply level at $6.30? Disappointment would see her retest the lows. Investor confidence is low at the moment, and retail...

Barkworth Updated 

3 new leaseback deals announced just before Christmas. Dividend coming up in just 4 days, expected to increase again. IIPR blew upward, riding the MJ bubble, and deflated when that bubble burst. The current valuation is quite high, comparing fundamentals to other REITs. It is currently attempting to break its 50 day line, and we should expect a test of the...