Stock might might go down again hit resistance than shoot up again to target price but if any other good news comes out about legalization stock might shoot up like TLRY did.
Look at the nice steps for OGI. Should hit the first box at least to 2.94. Follow the yellow (orange) brick road to higher levels. This, along with the potstocks sector looking for a huge boost. Wait for legislation to be anounced for a major gap up. A lot of front running right now.
OrganiGram Holdings, Inc. engages in the production and sale of medical marijuana. Its products include strains, cannabis oils, and vaporizrs. The company was founded on July 5, 2010 and is headquartered in Moncton, Canada.
Looking to target levels defined on chart. Always using a a stop.
This is the best value play right now but TLRY is a close second after joining forces with the APHA powerhouse. My last fractal was off but after shifting over the OG logic still holds...
R/R: 4.3, makes it a good trade for the next 3 weeks before the earning!
I add OGI into my watchlist with a price target 2.00 - 2.20 in 3-4 weeks. If breaks the blue line with high volume, new ATHs are possible I think. - (W) chart : increasing volume - (H) chart : bullish trendline ( this is my personal view, it is not a trading advise. )
OGI has a very bullish day on earnings that impressed. Like all stocks within the sector speculators are hoping for a end to the bear market as legalization hopes increase. Stochastic - MACD - Histogram all bullish. Potential Trade to fill the gap tomorrow with $1.95 as a bullish target.
Keep in mind you can lose money in the stock market! Strategy and analyze : Possible bullish trend after wedge completed on OGI- Let see OGI completed a wedge pattern that can give birth to bullish trend but before the trend, a range pattern is detected. I think if we break the range by the top that means the trend is validated. for now, the best target will...
I am willing to wager that OGI won't go much lower with many MJ-sector events coming up in the pipeline, including Mexico legalization; MORE act passage in the House; Georgia senate elections. Moreover, OGI's combined cash, assets, and revenue puts their current market capitalization in the cheap - your not paying any premium for future growth. In today's world of...
OGI has bounced off the 886 of a huge bullish shark stops below the 886 targets are the 50 percent retrace and just under the 100 percent retraces from high to low.
How would you like to go back in time to 2016 and put money down on OGI before it 5x'd in price? Well now you can for the low price of $1.26... no time machine required ;). I'm in 2.5% at $1.42. Gonna continue building position, dialing in the bottom. TRADE GOALS 1. Double bottom - Completed 2. Mean reversion will raise the price a bit off floor 3. Price will...
OrganiGram Holdings, Inc. engages in the production and sale of medical marijuana. Its products include strains, cannabis oils, and vaporizers. The annalists give a Consensus Price Target of $4.35. The company has a 247.024M MARKET CAP with 7M debt. Debt-to-Equity Ratio 0.25 Current Ratio 5.15 Quick Ratio 1.96 Looking at the volume, it`s just a matter of short...
I'm waiting for the price to drop to 1.20 to buy. The first price level is 1.49. Potential up to 2.35