If you look at the chart, it is choppy and not clean looking. The white alpha candle held the stop loss @ 0.41 and stock is cooking something. Volume is coming in. So decided to bite some. Might be risky.
In light of all the bullish movement we saw last week with Cannabis, I believe that this one has a swing potential in the coming week.
The 4 hour chart here has shown some bullish candles and fairly healthy volume over the past week. There have been some fairly good AH trading with some consolidation happening around the 0.70 zone. I have an entry at 0.70 with...
The pattern appears well defined to this point. an
ending diagonal, should play out nicely for longs.
Not trading advice nor forecast, simply observations
given the current price pattern.
You will see that fall is one of the best seasons for the vaporizer, and cannabis industry. Greenlane holdings is going to prosper this quarter to give you guys the best EPS they've ever had out of any quarter. If you have #stock inside #GNLN stock you will want to #invest in the #vaporizer #company so you can do a good #call #strategy with #options.
I honestly have room to hold this one forever but as a trade i'd put the stoploss below the .886
This looks like it could be the start of a bottom though as it was just very oversold and is now trying to break above the 50 line on the RSI so i would aim for big bullish targets here.
Cannabis Boom 2021 is upon us. Prohibition is coming to an end with each legalizing state. Small caps will get a boost when large caps tumble from taxes. #MSOgang
Jobs & Justice
$GNLN #thegem
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...
Greenlane Holdings Inc (GNLC) is a distributor of vaporization products and consumption accessories in the U.S. The stock got a huge pop on news of a merger with KushCo Holdings.
However, Kaskela Law LLC announces that is investigating Greenlane Holdings to determine whether GNLC executive officers and directors violated the securities laws and/or breached...
Ancillary Business. No plant touchy. Massive 17M volume today which is over twice the 7M volume on its IPO at $17 (20x+ typical vol). Don't forget it hit $29 on its IPO day in April 2019 also. Too bad that vape lung thing was so scary and people lost their minds and sold out. lmao. Well, now the saucer is gone but it's gonna turn into a large cup. Buy it...
![GNLN: GNLN (diagonal [ending?])?](https://s3.tradingview.com/v/Vm9q9VKV_mid.png "GNLN (diagonal [ending?])?")
