TLRY Tilray Brands is close to the pandemic low on a huge Falling Wedge and a Double Bottom Chart Pattern. Looking at the TLRY Tilray Brands options chain, I would buy the $3 strike price Calls with 2023-1-20 expiration date for about $0.16 premium. TLRY Tilray Brands is One of My TOP Stock Picks for 2023! Looking forward to read your opinion about it.
Hey traders, in the coming week we are monitoring CANNABIS for a selling opportunity around 1950 zone, once we will receive any bearish confirmation the trade will be executed.
The merger between Sundial and Alcanna should occur on or before March 30 following an extension of an earlier agreement. This deal could send SNDL to the $1.70 resistance short term. Looking forward to read your opinion about it.
2 days ago, on 3/2/2022 Raymond James brokerage Set a Price Target of $19.00 for VFF, Village Farms International, giving it a Strong-Buy rating! The chart looks beautiful, VFF is sitting at a strong support, ready to start a reversal. My price target is the 10.50 resistance.
After receiving an extension of 180 calendar days to regain compliance with Nasdaq's minimum $1 bid price requirement, SNDL needs to close at or above US$1.00 per share for a minimum of 10 consecutive trading days before August 8, 2022, which most likely should happen sooner. We are still waiting for the Alcanna deal to be announced. That should be an important...
SNDL Sundial received an extension of 180 calendar days to regain compliance with Nasdaq's minimum $1 bid price requirement. SNDL needs to close at or above US$1.00 per share for a minimum of 10 consecutive trading days before August 8, 2022, which most likely should happen sooner. Let`s just remember how SNDL stock was trading at $3.96 one year ago around the...
SNDL Sundial stock is oversold at the December 2020 support price level. looking at the chart, the upside is $1.4 by the end of Q2. Sundial has a pending purchase of Canadian liquor retailer Alcanna . Alcanna owns a majority stake in Nova Cannabis, a cannabis retail chain. I think Sundial positions itself as one of the major cannabis players of 2022. Looking...
Besides an estimated $540 million in sales in 2022, up from an estimated $50.5 million this year, Sundial has a pending purchase of Canadian liquor retailer Alcanna. Alcanna owns a majority stake in Nova Cannabis, a cannabis retail chain. I think Sundial positions itself as one of the major cannabis players of 2022. My Q1 price target is $1.7
CNBX Cannabics Pharmaceuticals has an agreement with Purisys, a leading Active Pharmaceutical Iingredient manufacturer, to use its API in Phase I/II (a) clinical studies that it is planning to launch in 2022. So this year will be quite bullish for CNBX Cannabics Pharmaceuticals is a U.S. public company and a global leader in the development of cancer related...
If you haven `t bough the stock here, at 0.57usd: then you should know that Malta became the first European Union member to legalize recreational use and growth of marijuana. Democrats overwhelmingly support legalization for both medicinal and recreational purposes of marijuana. If the U.S. market open up, it could be a boon for SNDL stock. My price targets...
Wall Street has Sundial pegged to bring in almost $540 million in sales in 2022, up from an estimated $50.5 million this year. They are also buying Alcanna in a stock deal. The board of directors of Alcanna unanimously recommends Alcanna Shareholders vote “FOR” the Arrangement Resolution. The Special Meeting of Alcanna Shareholders is postponed to January 7,...
Tilray is a Canadian pharmaceutical and cannabis company, incorporated in the United States with primary operations headquartered in Toronto, Ontario. Tilray also has operations in Australia, New Zealand, Germany, Portugal, and Latin America. Second asset of the cannabis sector analyzed. Bullish divergence on the daily timeframe flanked by a double top that...
I think Cannabis stocks will be the next EV`s in terms of market explosion in the next few years. Yesterday, 8/17/2021 Raymond James brokerage Boosted VFF`s Price Target to Strong-Buy from $26.00 to $27.00 My price target is 20usd. Two days ago Village Farms International Acquired 100% of Balanced Health Botanicals, a Profitable Leader in the US CBD Category,...
We are approaching price levels around CAD 3.37 and expect the course to turn around that mark. From there, the corrective movement should be over and followed by an increase above CAD 3.86. Once above this mark, we have a strong signal for further runs towards CAD 4.60. Don’t miss it!
FXCM's CANNABIS basket is in the bullish area on the daily chart on the left. The hourly EMAs and stochastic are in bullish mode and potentially align short-term traders with the daily. The stochastic has moved into the upper quintile, and maintenance of this level (blue arrow) increases the chance of a successful trade. Trend following indicators may be useful in...
Yes, WeedMD has been relatively weak over the last months, but we are within that yellow target box and, accordingly, are waiting for the breakout on the long side. The price needs to reach regions around C$0.59 in the first place, before moving on to a corrective movement. After that, we are set to push for massive increases. Stay trading!
SNDL is maybe going to touch a new support line! Im thinking its more realistic for sndl to touch 0.6$ and then take off huge!