CAN trade ideas

BTB_Aus Updated 

lower prices likely with weak divergence compared to pot names.

bhavdip143

CANN GROUP ASX

nfury8

Chart has notes Pnf 5 target $1.90

BTB_Aus

sector poor relative performance. wide late stage base. extreme valuation. short with stops above recent swing high

Exised

Other tech analyst in on this stock - ASX:CAN? Can someone please enlighten me on why it keeps failing at the $3.10+ level? Doesn't seem to make sense. looked like it was about to pop but then it just fails at that level. Fundamentally nothing has changed in fact threes been some good news from the company today i.e. it's been progressing well. Future discounted...

BTB_Aus

ONe of the best performers of 2017, now looks to be reversing

gillman_hugh

CAN is currently in a strong uptrend indicated by the uptrend line. Bullish indicators Uptrend line acting as support Decreasing BEAR volume (lack of sellers) Prise also moved up on small Bull volume which may indicate this stock is ready for some more upside. 4hour and daily MACD getting close to a Bull Cross. RSI turned indicating Bullish momentum Buy...

MathewCeddia

what i think is the resistance = orange lines what i think is the support = blue lines black line = trend line .

dpool135 Updated 

CAN working on right side, found support at 50SMA/20EMA. Note low selling vol.

ElliotLawson

CAN push through here today after some nice consolidation. Great Volume contraction pattern through the base and popped through the pivot today. Watch for the next few days for follow through volume or a Pull Back Buy if missed the entry today. When a stock holds the 20day MA on the PB 0.18% always a positive sign and one to keep an eye on. Nice move into Stage 2.