Good earnings report here last week.
Cannabis momentum will soon come back.
Make sure u look at tigher timeframes to gather confirmation of trend reversal
I believe we are at the start of one but make sure u get tight stop losses
$6.56 / $8.11 targets
I like the pot. I like the charting sooo.. pot charts are gonna be a thing for me. Looking like an impulse up, is possible. Some Pa Resistance to bust through for the fif. Typical fif fib projections but who knows, could be super extendo fif....could be ending diag.... could be crappy truncation fif... or not even an impulse. TBH its looking a little odd...
IG: @BULLRINGANALYSIS
seeing channel breakouts over the past few trading months
RSI is is good position for forward growth in the short term
we can see this price drop to it's second support level (upward trending), and then possibly bullish movement
Increase in adoption as legalization increases in early 2019. Analyst EPS estimate increase in future
not...
On 1/4/18 Jeff Sessions tells federal judges they have the authority of the federal government to prosecute marijuana growers and researchers thus revoking Obama's peace clause. All marijuana related companies were slashed in half that Friday so I browsed the scene after the close to see if any charts looked promising. Lone and behold I found this stock hiding in...
