Take a Hit or Let it Sit? On the weekly chart, Jushi Holdings Inc. (since the recent correction) as been taking some dirty bong rips as the price continues to sell down +45% from prior Feb. highs. The correction failing to new highs leads me to believe Jushi will follow suit and sell off to previous volume support. If we take the high and low of the correction...
TAKE A HIT OR LET IT SIT? Like most of the cannabis sector, the last couple days of the first week of May oversold than I expected, while hitting all my price targets, it happened faster than expected. Last Chart Analysis (March 26th, 2022): This will change my overall look and move the primary cycle 4th and 5th wave (as presented in new chart) The MACD...
TAKE A HIT OR LET IT SIT? $ARYWF With most of the cannabis price action this past week, this cannabis ticker also sold a little more than expected. This is also connected to TV not providing the chart data prior to the symbol change. So, along this chart analysis, I am running blind, but feel pretty good with this prediction with this timeframe now in align...
TAKE A HIT OR LET IT SIT My last chart analysis was meet with pivot targets confirmed, but with this last few days of trading made me go back to the chart and investigate. Thursday (May 4th) this cannabis ticker (like a couple other marijuana stocks) sold a little more than what I was expecting. This over sold zone would mean that my last 3rd to 4th...
TAKE A HIT OR LET IT SIT? Just about to pivot on the interval cycle via 3/4 wave, I would expect to see a small correction that might be usable for a long swing for $1 gain (or more), but will begin to sell and continue this downward trend through out the summer. Shaving another $3, I can see this cannabis ETF possible catching ground around $14.5 - $14. Hard...
At the start of the week I hit my weekly semi-cycle 3rd leg and on Tuesday, my interval daily cycle hit the 5th wave. I was looking for a semi-correction, but instead was surprised by Thursday (yesterday) price action sell even more. So, I went back to the drawing board and calculated some more data -- This might be way too early to call, but here we go. $15.13...
TAKE A HIT OR LET IT SIT? On the weekly chart, $GTBIF has flexing big highs and 'Debbie Downer' lows, can the 420 spark enough buzz to get investors back high? Correction ('ABC' / '12345' Interval Completes) - Now 4th-5th wave, expect divergence via MACD throughout until cycle completes. With the POC around $9 (history), expect the Middle of May selling to...
TAKE A HIT OR LET IT SIT? On the weekly chart, $TOKE has sold out of the alternative semi-correction which has lead the price action south to the 5th wave of the semi-cycle pivot. MACD divergence seems to be peaking through the weekly signals, applying towards the 4th-5th alternative correction timeframe and assume this divergence will continue displaying...
Take A Hit Or Let It Sit? AYR Wellness seems to be following the overall cannabis index trend, but can this stock light up before the others? On the weekly chart, Ayr Wellness looks to be almost wrapping up the 5th wave, which I believe will start around $8.11 and possible catch a ground about $7.42 following a cycle correction early/mid May. The MACD has been...
HIT IT OR LET IT SIT? AdvisorShares Pure Cannabis ETF (YOLO) on the weekly chart shows dirty bong rips leaving long investors mad their not getting the high they want. Not going lie, this chart made me scratch my head, until I brought the monthly candles and it started to make since as it appears who ever is shorting this ticker, must be working on a +T25...
TAKE A HIT OR LET IT SIT? Village Farms International Inc is on a mission to get you high, but are investors getting high on their own supply? -- Let's take a look at what they're smoking... On the weekly, $VFF looks like it's just completed it's primary 4th wave and on the last leg down on the 5th wave. Expect the MACD to start showing divergence as we near...
TAKE A HIT OR LET IT SIT? On the weekly, it appears POTX is just getting out of the interval correction, moving along into the 4-5 waves of the primary. The MACD started divergence right after the 5th of the interval, so I would expect this divergence to continue throughout the 5th wave of primary, hopefully making the correction easy to read. I believe we...
TAKE A HIT OR LET IT SIT? On the weekly, $MAPS appears to be smoking on the Bobby Brown and following suite via cannabis sector from Feb. '21, but can this ticker start puffing on big clouds to get some investors high on profits? - Soon, soon... As it sits right now, we are completing the 4th wave down. Turning into the 5th, I would expect to see some MACD...
More downside till mid $5 range before the start of a new uptrend. Double bottom possible post squeeze or straight rip up!
SPARK IT UP OR LET IT SIT? Cresco Labs Inc. has been trading south with some funky price movements, but can this 'funk' produce some good highs? -- No. On the weekly chart, #CRLBF looks to be starting it's 3rd wave on the interval cycle and will push price down considerably the next week or so before tapping in the help of the 3/4 correction wave prior to...
SPARK IT UP OR LET IT SIT? Columbia Care Inc, following the overall cannabis sector, has been displaying 'Reggie Miller type highs' leaving investors wondering if they will get a playoff buzz. On the weekly chart, $CCHWF has been hotboxing inside a running-flat, but on a daily it appears as a reverse symmetrical triangle, will it pop out fresh or need a weed...
TAKE A HIT OR LET IT SIT? Trulieve Cannabis Corp. ($TCNNF) is currently on a downtrend, which from the start is clearly picking up pace as we reach a critical volume channel that didn't have much in 2020 and will look to replenish. After a primary correction, the cycle of a downward impulse will continue selling until we reach around 15.77-ish and will act as a...
TAKE A HIT OR LET IT SIT? Ascend Wellness Holdings Inc is currently on a downtrend (duh), which just came out of an extension, starting end of February ('ABCDE'). Ascend Wellness ($AAWH) is currently cashed for me and I don't think I will hit this joint for a while. At time of prediction, the current stock price movement was in a running-flat extension and...