I'm not counting weed out, I think this is a lot less speculative than most market participants think. If we do have a lot of downside to come, I can see the big 4 MSO'S holding up relatively well. One to stick on the watchlist for sure.
Still very bullish weed, this is one name I really want to add. No exposure yet, only weed position is CXXIF.
As seen above, GTBIF forms a descending triangle with decreasing volume, slowly turning MACD and RSI falling in oversold territority. Entry: As soon as EMA breaks VWAP and confirms upward trend. Buy zone around ~USD 36 Exit: Around ~USD 40. This is no financial advice.
Riding this to $40 then will sell. Buying more every dip Higher highs and higher lows on the weekly. HUGE indicator. Sell before earnings.
Not investment advice. Long from $16.55.
Green Thumb Industries, Inc. engages in the manufacture and distribution of branded cannabis products. It operates through the Consumer Packaged Goods and Retail segments. The company was founded by Benjamin Kovler on February 18, 2002 and is headquartered in Chicago, IL.
Green Thumb Industries, Inc. engages in the manufacture and distribution of branded cannabis products. It operates through the Consumer Packaged Goods and Retail segments. The company was founded by Benjamin Kovler on February 18, 2002 and is headquartered in Chicago, IL.
Green Thumb Industries, Inc. engages in the manufacture and distribution of branded cannabis products. It operates through the Consumer Packaged Goods and Retail segments. The company was founded by Benjamin Kovler on February 18, 2002 and is headquartered in Chicago, IL.
This well run "weed stock" company should be a clear cut winner on/if a Biden election. We have an order in to BUY at $7.50 exactly where the "gap" fill is and if it gets back there. If filed this will bealong term hold with a 500% potential. This is not advice. #stocks #trading #fintech
GTBIF moves to test the critical $10.50 area as the Ichimoku Cloud turns green for the first time in months. Volume has been growing and the cannabis space is heating up, with GTBIF clearly now a leadership name.
Awaiting break out of old congestion zone, alert set for $10.46 Possible upside targets as per horizontal resistance levels. All major moving averages now support but may need to catch up before nay major advance in price USA based and good fundamentals with huge potential
Today’s Technical Analysis – GTII – trading in a valid rising wedge where a break back to structural support is likely. Points to consider, - Range median (Local resistance) - Structural support retest (S/R Flip confirmation) - RSI divergence - Stochastics in upper regions - Noticeable bull volume GTII’s range median is an important level marking the apex...
GTBIF dipped under the long-term $7 support shelf all the way down to $3.75. And there came the big bottom. Now, look for that shelf to be retaken as the company posts 300% top-line growth.