After a huge run up, EMH has consolidated in a very healthy manner on the daily time frame forming a 4 hour equilibrium. Last lower high is 4.54. Entry at 4.55 with a stop below 4.37 or 4.28 more loosely. Measured move is 6.71, but first resistance will be the last daily lower high at 4.97. Even with just 4.97 as a target, R/R is 2/1 for this play. If it starts to...
No matter how fundamentally strong VFF Is and how solid their execution is , the overall volatility and psychology of the cannabis markets will effect share price. Personally I believe VFF to be very well positioned, in a strong position financially and their operational plans are on track for 2018 and 2019. Short term VFF is in for a tough battle up, overall...
EMERALD HEALTH THERAPEUTICS INC TSXV EMH Watching current price movement. Correction might not be over but price direction looks promising. Trade active since $5.50. Disclaimer - Novice trader learning technical analysis and posting ideas to learn. Please don't take this as financial advice.
EMERALD HEALTH THERAPEUTICS INC TSXV:EMH - CORRECTION OVER? According to my current count of this cycle we are finishing wave 5, third wave was the longest and 1 and 5 are very close. I'm currently looking at a ABC correction finishing, although it only reached .5 fib level according to this count. Could correct further to the $4 level. Holding out on buying...