MSOS denied at $8.41 resistance level. Try again next week for $9.39? Why not.
$3 is possible... Lost all my skalping gainz this year trying to catch this falling knife. Hate holding anything anymore. That's why I skalp nowadays. Faster to know if your right or wrong. Less risk. And easier to recover from. Trade small trade often. My posts are officially invalid on this site as my trades never last more than a 10 minutes. 1k a...
That is the exact opposite of all markets. Weed... Decriminalization is coming. This will be the attempt to gain votes for this administration. People might need some feel good meds as their traditional investments slide into depressing evaluations. The later is a joke. But not really. But on a for real note. If there was ever a trade to sit on while...
MORNING STAR!!! NEWS IS COMING! I CAN FEEL IT! Show me a ChART I'll predict the news.
Morning star candle in the works. Let's see what happens at the market close.
STOCHS trapped... w/ 3X bullish divergence on the RSI on a 40 test... 1st 200 Day test and bounce EVER... Bouncing off Decembers resistance... Selling volume spike... MACD zero test. Outside of a macro Inverse Head and Shoulder. A midterm cup and handle. A midterm bull flag. It's evidence like this one should not ignore.
This ChART is as bullish as it gets. Levels clearly marked... 1.5 YR $7.50 TO $87 Time will tell the tale.
Looking to add to my #MSOS position in the event it reaches the .5 Fib. If it breaks lower, would take the loss and average into a longer swing trade position on daily consolidation. The strength of the breakout pivot is impressive. Aggressive bulls will be delighted with broader market strength. AI driving the market, so eyes are there for indications of trend changes.
Simple trend trade on MSOS Great Support / Resistance around 8.80 testing the daily 50ema and Fib levels. 4h & 1h time frames you can see a wedge patter form, waited for price to break the 1h 50 ema and placed an options trade. Expiration date 3/15 bought at $10 and selling at $10.50.
MSOS looks poised on a Cup and Handle pattern for a potential breakout. Stop Loss @ 20% in a smaller position size to start. Need to see it play out, but bullish divergence in RSI looks good. .5 Fib - Orange - is a BUY. #MSOS
This trend line support is bullish taking some of the froth for the next push higher
It looks like this ETF could be the ETF of the decade. This is how the world works. Those in the know set up an investment vehicle to allow them to profit from the laws they are about to make. MNRA is PERFECT example of this. Goes public months before a virus gets unleashed on the planet. Then the powers that be mandate a shot for the entire population....
Federal Decriminalization of Marijuana and reclassification. RINOS will cross the isle because they will do anything to keep the swamp full of swamp creatures. That's my speculative assessment of this asset class. But you all know all I care about is the Technical Analysis of the ChART... And it's pretty clear cut. (h) (y) fractals at play... Or so...
BREAKOUT PLAY AMEX:MSOS Breakout at $10 Bought CL and TRUL under MSOS ETF
Something's happening here.... What it is, is becoming clear.... There's a Congressman with his or her bags packed over there. About to decriminalize MJ and legalize medical and regulate potency for recreational. I'm screaming stop children what's that smell.... Everyone see what's coming here... You know the tune. Just saying. I don't think there's...
AMEX:MSOS is a Cannabis ETF that looks to be basing for the last 4 months. Cannabis stocks have not been on my radar for more than a year. It looks like institutions are getting interested now. Since that appears to be the case, I am interested too. Maybe this should be on your watchlist too. See chart for my notations and thought process. I have an alert set...
Looks like Congress in the US is about to change some laws nationwide... Not to mention there's a break out of a bull flag...
Weed jokes aside.....this one is heading higher. Bought back in yesterday - anticipated a falling wedge breakout. 1. No confirmation yet 2. Had a 50/200 cross the other day 3. 50 curling up 4. Breaking out of falling wedge 5. Open gap at $11+ 6. Congress will eventually clean up their mess 7. Surprise rescheduling perhaps.