The setp up its market and sector dependent, as its all along the same neighbourhood. We need upward confirmation on any major player in the sector, cgc, tlry or cron(for mega corfimation). However this is fanteastic risk reward entry at the bottom if you are game It is a great trade because the risk reward factor its perfect We enter the trade at the bottom...
If you walk into a gitar shop and start playing stairway to heaven or hotel california its a kick in the ass...Analising a reddit favorite its as hit and miss and comon as it gets. So here we go: We have a great support at trend line, though it received a nick we are still whole. The fomo around this stock makes it a no no from many diferent perspectives for...
So Tilray has it all, fundamentals..yes i just got the literature, healthy read, from the merger with apha and its looking fantasmagoric. The industry is heating up globaly. Canadian cannabis sector on full boom and consolidation cicle..oportunity everywhere I would thread carefully as always, cause this is a volatile industry..treat as day trade always. Be...
Sector wide pattern, bottom of the channel, burst of volume in short timeframes. Wait for confirmation break above resistance and trail stop every resistance on the way up, it breaks support its a gonner, carefull... No the best company, carefull. Once it gets going , its dificult to stop the momentum on this stock.
Only if you are ready, and have some fast tool would adise to wonder into this forest.... There is heavy upside but huge volatility up ahead Look fo te entry point above the number breaks 1,2,3,4 using the support as stop loss each time...dont stay to long inside the forest...come out for picnic and wait for the next support break before re entry. Good...
Very carefull the sotck is on a clear downtrend...will it bounce back..well if it does this is one likely scenario...coul happen in th enext few minutes or deep a dolar lower and play out. IF YOU ARE STUCK TIME TO ADD UP..:) OTHERWISE POSIBLE DAYTRADING RUN Look out for the play. Enjoy.
Simple Heavy resistance break, strong bull pattern..week over week build up...Here comes the freight...damn boats stuck....double the runs to keep all coasts filled up with inventory. Good luck, wait for entry point, day trade
The upside its overwhealming. The resistance being broken resulted in huge moves before and rejected strong uptrend to turn them into neutral movements for many bars. Now it its moment to shine and break through this milenarian resistance. Good luck, though you wont need it for this one. Just a thought, Enjoy!
We have a strong resistance break which will result in a change in trendline from neutral to bullish. This stock is overdue for that run, it will give us a nivce swing trading run and some heavy daytring days on the way to the last resistance. Good luck
Wait for break above 36 and trail stop it through 2,3 and choke it before 4. Those going for longer could easily hold pass 4 for a bigger break, but not part of this idea. Good Luck!
Hi, A bit of a cannabis sector review and shooting the sh...on indicators and strategy. Enjoy!
Sharing some thoughts after a deadly week Very carefull if you are gonna enter the storm.
So we have been aquired. To those like me who invested in this stock we will be getting 0.01772 of a Hexo share in exchange for each share, I imagine it will be canadian share. The end of an era, we will be getting a nice premium but i am glad i sold that half at the top. Nice run, good job everyone!
A short video on what happened todayin the cannabis sector and how to read it on level 2. Enjoy!
HIgh volatility wing entry, be very carefull. Low funds play Strong support, the risk ratio from a support perspective its great but the actual risk on the trade is very high Now if it breaks support, its a short, dont doubt it Just a thought...some merger talk....coming from partnership with siemens....early info.
Tight stops as always right below the nekcline break that became support.