Bulls are looking to change the hourly trend tomorrow with a break above 10.20
Possible bull flag on the daily so long as 9.50 holds as support, otherwise we're looking for a slightly deeper pullback and potentially hourly oversold levels
Real title should be - "Bulls looking to base support after bull break fakeout I still believe the bull break was real and until we break and will continue to believe so until we break daily levels. Here's what I'm watching heading into tomorrow
Watching the hourly uptrend, if it's lost we're going to wait patiently for a new daily support level to be set. Watch volume to make sure consolidation remains healthy
Watching TGOD for a much needed pullback on the daily chart to cool off that extended RSI and give the bulls a new support level off which to rally
CRON is likely to test low of today as support first thing tomorrow, If we lose that we're looking down at a test of our support zone in the mid $20 range, otherwise we will likely form an hourly equilibrium with a lower high compared to the high of today. CRON is on watch for a beak of pattern this week
VFF big upper wick and profit taking with three bounces from the low of day, lose that level tomorrow we'll be looking for a healthy daily higher low. We've already pulled back 10% from the top of the move, we could still pull back 40% and be very healthy on the weekly chart. The triple bottom on the hourly chart makes it clear the bulls are defending the low of...
HEXO looking like it's ready for daily consolidation, losing the low of today will have us being patient for a couple days while a new daily support is established. Otherwise we will remain in an hourly equilibrium with a possible daily inside bar tomorrow.
APHA hourly chart is the clearest, bull break means we're looking up at our key resistance and bear break would have us looking for a daily higher low. Really bad timing on the bull break yesterday with so many sector names extended and needing to consolidate today, taking the wind out of APHA's sails as it attempted and failed at continuation
Now's the time to be patient and see what consolidation looks like, as we await a new daily support to be set if we do end up losing the low of today
CGC equilibrium break is imminent, very likely coming this week. Watch for a volume spike and multiple levels broken at once ot have confidence in the break
OGI bull break of daily equilibrium, watching for an all time high test tomorrow or Wednesday. Levels are not extended here but watch for correlation to other names that are if they start to consolidate tomorrow morning
Things are getting a little euphoric with multiple 12% days in very close proximity, SET YOUR STOP LOSS on this name because when it pulls back it will pull back hard, and it's a lot easier to get out when you have your plan in place and your order is already set
Congrats TRST bulls, this is definitely a candidate to scout an hourly higher low for an entry in during healthy consolidation
We're very extended on the daily and hourly, I will certainly be interested in looking for an entry on healthy consolidation
Congrats TGOD bulls, we're in an area with a lack of resistance but we are getting extended on the daily and hourly, bear volume int he afternoon stands out a bit and tells me we're liking to get some healthy hourly consolidation tomorrow
New key support level is the low of Thursday but I see red flags here for the bulls unless we get a significant uptick in volume
Money seems to be potentially leaving ACB and entering APHA and a few other names. Bulls remain in full control here, and I'm watching the rest of the sector for weakness and watching how APHA will be able to hold up in the face of that weakness