ACB daily chart looking toppy, anticipating a potential hourly eq and watching for a possible bear break to indicate healthy daily consolidation is under way. Several indicators are giving me reversal signals here
In my opinion, the if the bulls had interest in breaking out to the upside, we would have already found our daily higher low by now. A counter argument is that we're basing support here, but the imminent break of our two key levels will give us the direction for the coming months
TRST bulls have some upside room if they can clear two immediate resistances. I forgot to say in the video, the most important support is hourly support 11.61 then nothing until 10.98
TGOD bulls are in full control, but have RSI resistances approaching on multiple timeframes. 4.98 is our key weekly level
Very extended chart on the weekly and daily timeframes. Bulls are in full control but the risk:reward does not favour bullish entries at these levels
APHA bulls working to form a base of support and see the daily trend change back into their favour. First test will likely come Monday and then we're looking back to the upper limits of our tightening equilibrium
CRON bulls are attempting to change the hourly trend after building a base of support in the mid $20 range over the past couple of weeks. Friday daily inside bar levels are the key levels for me on the short term, before testing either support or resistance within this daily equilibrium
ACB volume tells me there's something going on behind the scenes that we're going to find out about in the coming weeks. Bulls are in full control of every timeframe but we are very extended here, and daily / weekly consolidation would be very healthy to set new supports and continue this move up. ACB is on all time high watch for me over the coming months.
The tightening range we've been watching for 6 weeks is going to break this week, and I'm anticipating that break will either bring us back to test our all time highs or bring us lower to find a new support above the December lows. Whether this breaks up or down, I want to see 12-15million shares traded on the day to tell me the break is for real and has...
EMH forming a tightening range and offering double daily inside bars to play off of as a potential early signal, with a higher risk / higher reward potential. Need to see over 1 million shares traded on any break of the current channel to tell me this break could be going for multiple daily levels.
After a series of bad news N is bouncing around a channel trying to find the price where it holds support. If we break bearish out of this channel there's a 50% drop before any real support can be found
CRON hourly chart broke resistance but bears smacked the price back down. Watching for another test of our 20.53ish level tomorrow potentially, given the weak close. This level is a zone of support, and is a 4x bottom on the daily now
9.50 on APHA is a level the bulls are defending, if we lose that we're looking back down to our recent low of 9.15. APHA is the most likely name of the major names to drop down to lower lows because of the weak bounce and currently sits in a bear flag formation
We've been monitoring the volume ACB has been getting and we saw the same pattern today we saw March 5th. I'm anticipating a couple days of consolidation before the bulls attempts at continuation are successful
CGC daily lower high is set, now needs a higher low. Intraday charts are choppy because of how tight this range is so it's probably not worth playing anything other than fishing the daily levels or waiting for the break
VFF giving us that hourly and daily consolidation, the question now is what will that look like on the pullback? Note that VFF has earnings after hours tomorrow and they have never in their history had financing, so anybody looking to swing a position overnight should keep this possibility in mind when calculating their risk:reward potential. The odds certainly...
Bulls are watching an hourly inverse head and shoulders pattern to give confirmation that $20.53 is our new daily higher low, after defending this level on four different days in the past couple of weeks.
APHA could barely break the high of yesterday before pulling back for the rest of the day. Still the name more likely to drop down to lower lows, if we lose the low of today tomorrow morning we will be watching for the bulls to attempt to form a daily higher low above the low of Friday. I still find the greatest clarity here on the weekly chart, where we are...