*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* $TLRY and other cannabis related stocks have finally broken out of bearish...
CGC looks ready to pop. RSI curling up and price action indicates that this is the bottom. Call options are super cheap so I added a small position in anticipation of break above trendline.
Expecting 2 more months of punishment in the MJ sector. Still looking for $10 gap to be filled.. Either way, $36 EOY TP.. GLTALs
Daily RSI at historic Oversold bounce levels. Almost as beat up as the covid crash right now. In the past we have bounced 25%-80%+ when bouncing off this level of Oversold conditions. There is also a gap on the daily now above at these extreme conditions that needs to be filled Also in a buy/support zone on the daily Weekly Oversold 4HR at historic...
Canopy Growth Corp stock is lower by -10.07% over the last 12 months, and the average rating from Wall Street analysts is a Hold. InvestorsObserver’s proprietary ranking system, gives CGC stock a score of 33 out of a possible 100. That rank is chiefly influenced by a long-term technical score of 12. CGC's rank also includes a short-term technical score of 16....
There's a big weekly down trend that had ran its course in pot stocks, and the daily chart is reversing here, odds are we can squeeze 10-11 times the risk if we go long here with a stop around 16.18, it is worth a shot with something between 0.25% and 2% risk in the trade. Up to you, how much you risk on it. I'm being conservative and sticking to a 0.25% max risk...
This is truly, your one and only chance to prove to your wife that your weed addiction is paying off. After awhile, she will join you, don't worry. You are just an early crusader, the pilgrim, the visionary and she doesn't know who she really married - THE LEGEND. This is your chance fellas don't blow it. I mean look at this beauty. I am holding this bag until...
Cannabis trades like crypto.. Retraced 80%, now ready for a other runup.. only a matter of time before federal legalization occurs then massive upside
I would like to review my post on August 15: Tough week ahead for Cannabis Stocks! You judge the accuracy rate!
Canopy Growth (WEED) is getting absolutely hammered. We're down over 7% this month after crashing over 20% in July. Imo, the stock is going to blow up when the US finally decriminalizes Cannabis. The opportunities for hemp are endless and of course the recreational market for drinks, bud, and all the rest is booming in legal markets. If I see a sub 20's print,...
ACB: NASDAQ:CGC NASDAQ:CRON NASDAQ:SNDL They lost their supports and it happened with increased volume! I'm looking for short opportunities in the next week. My previous Weed analysis was one of my best works ever! Feb 3rd, 2021: Feb 11,2021: April 12:
We've got several examples in the past of Cannabis stocks lagging altcoins then putting in monster catch up rallies as the risk capital sloshes around during the mania phase. I thought this would happen in April/May but we didn't get much of a move. I think there is an even greater opportunity now. I am looking to get long CGC+TLRY and a few other names.
Several times over the past few years in crypto, Cannabis has lagged behind the altcoin market and put in some incredible catch-up rallies. When the risk appetite gets excessive, the fast $ often flows from crypto to Cannabis. I think the R/R here on some Cannabis names could be massive. Full disclosure I posted this same correlation back in April/May and we...
*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* My team has been watching cannabis company $TLRY for the past few months. We...
As long as over 21-22 area (previous resistance) has a shot at making a move towards 30 and this is a name that’s gone crazy in the past. Featured chart from guruhaven.com $MJ $CGC $ACB $AMC $GME #PotStocks #MemeStock #Stocks 📈
This is a higher risk play, I've been buying cannabis for months now. However I think there's a shot still at a MASSIVE catch up move to altcoins. The R/R in some stocks like SNDL and CURLF is still strong.