#cannabisreform legislation c/w #cannabisboom2021 in works. Find the small caps with revenue growth & profits TODAY. Matters most in rising rate environment. Stock pickers win. This ain't it. Run away! *valuation matters
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,...
In this video I review Nextleaf Solutions and the weed stock industry as a whole. Let us know your thoughts in the comments.
If this $30 stock double bottoms on a dollar..... All-in! Epic Economics. Mr. Market presents opportunities. Not of the Crypto Ponzi Pog type. It's #cannabisboom2021 time. $GNLN #thegem It's IPO was $17 in April 2019 and hit $29 same day. They're twice as big when Kushco Mega Merger is completed. Anything under the IPO will be a steal. Elon's $DOGE pup...
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...
Grow Generation at some really interesting levels here. Currently in wave minor C of intermediate 2 of primary 5. [ Its in the golden zone between the 618 and 786 fb levels Its about to back test the downtrend line There's a large supply zone between 40.30 and 39.50 on the volume profile Wave C is approaching the 50% extension of wave A The setup is...
Watching $CRON here to continue making higher lows needs to get above EMA's at around 8.30 to 8.50, then clear wave 1 high around 9.50 This is simply a journaling exercise to keep track of my predictions.
Just to keep track of the price movement. We may still see price more higher to 51-52 before a pull back. Start buying from 43-40
RSI is oversold BlueWave Buy signal with Bullish Divergence
The current channel is amazing for accumulation strategy. Great pot stock in general. Use Finviz.com with tradingview to making winning trades. Use screeners often to find tickers.
The WeedMD stock withstood some support lines and is still within the trading area. We expect the stock to recover and push for massive gains in the near future. First, it is important to stabilize above the trading zone. After that, we expect the stock to rise continuously. Good opportunity!
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 📈
Today we have a bullish setup on TLRY to share with you. We will be taking this setup using 1% of our capital, and we aim to make 4% on this setup. Of course, we can have a bad trip on this one... However, the risk-reward ratio is a key aspect of our strategy. Generally speaking, we have a win rate of 50% and an average risk-reward ratio of 2 (all you need to make...
EMA cross (50/200) on the 2hr chart, maybe back testing the 200 EMA now. Bresserts crossover on the weekly chart in oversold territory (last time this happened, it pumped $10 in the following 2 weeks - past performance not necessarily indicative of future results). CMF shows money flow is in positive territory, relative strength hovering just under 50 RSI. I'd...
Stocks looking like cryptos U pattern a few months ago. The market only repeats itself in different forms and in different markets. Be ready!! Cannabis stocks ready to surge!!! #BLESSEDPIPS
This is strictly a technical analysis of Tilray and nothing more -- their financials are garbage and the stock is currently overpriced, but what isn't... I think RSI is in a good spot on the daily to really run up. Price has been rising along with volume, confirming the market's interest in taking Tilray to higher prices. First target is $22, and then second...