Welcome to RiskMastery's Breakout Stocks - Stocks with breakout potential.
In this edition, we'll be looking at OTC:CURLF ...
I believe this code is at a point of potential volatility.
If price can hold above $5.10 ... Bullish potential may be unlocked.
My key upside targets include:
- $5.86 (Conservative)
- $7.06 (Medium)
- $8.34 (Aggressive)
...
Weed stocks are gaining traction as the industry’s outlook appears to be brighter than ever after the HHS sent a letter to the DEA recommending the rescheduling of marijuana to a Schedule 3 drug. As the largest multistate operator in the US, Curaleaf Holdings, Inc. (OTC: CURLF) may be poised to gain the most from this improved environment which makes its stock a...
Possible Bump and Run Bottoming Reversal Pattern forming. Found support from over a year ago and look at the Volume on the daily (Volume precedes Price). Williams Percent Range nearing a bottom on Daily. The smart money is starting to accumulate at these levels, check out any of them CRON, GCG, GTBIF, TCNNF and they all look similar. NFA, just my thoughts.
TAKE A HIT OR LET IT SIT?
Curaleaf ($CURLF) I would expect to see this the next few weeks to form some kind of flat running/triangle pattern or could be the perfect storm to just drop the price even more. We are currently entering a high traffic zone due to all the prior waves coming hot as they enter their respectful 3rd-4th waves to their final stretch of...
DAILY CHART
CURA forming a wedge.It can move sideways a bit until next earnings on NOVEMBER 23. November 23rd is near the edge of the wedge, when multi-day breakout can happen.
With the thickest part of the wedge measured, and cloned (see the purple slanted line) it should reach the target of $17.90.
About a 50-60% return from the bottom of the wedge.
CURLF is a solid MJ company but might need to consolidate on valuation basis
- Head and Shoulders are forming and could prove to be a good catalyst for such an event
- Elements of break down are visible: volume is deteriorating (into head and right shoulder), trend is diverging, relative performance is weak
- Longer term view remains constructive and many...
CURLF Long- Target 1 & 2 have been reached. Target 3 is approaching @ 19.59 We began this analysis in September 2020. Current support sits at 16.68. A daily close above needed to confirm Fib Extention Targets.
OTC:CURLF
Looking for a good entry point into the channel that CURLF is forming. Past three 14-day (9-candle) cycles have hit support, ATH, and support respectively. Looking for ATM on February 10th to confirm trend.
Pot stocks are booming, Biden administration plans to decriminalize nationwide. New ath, blue sky breakout, probably will follow trulieve which is taking off. MJ etf looks good as well for bulls
It seams we completed 12345 waves and its time for ABC correction wave.
CURA is in a strong uptrend and correction may be very small.
One of the strongest names in cannabis sector with big potential for upside
Important factor is that it broke 11.65 resistance after forming successful C&H.
My entry would be around EMA 200 on hourly, which is around 11.60 and which...
Curaleaf Holdings , Inc. is a life science company, which engages in owning and managing licensed cannabis businesses which cultivate, process and/or dispense cannabis and cannabis derived products. It operates through Cannabis Operations and Non-Cannabis Operations segments. The Cannabis Operations segment production and sale of cannabis via retail and wholesale...
Evening Traders,
Today’s Analysis – Curaleaf Holdings, Inc. – as swing trade into technical target as US voting season approaches.
- Macro broadening wedge
- Dynamic Resistance broken
- 200 MA support
- RSI bearish divergence
- Volume influx
- Back test long
CURLF has broken bullish from its macro descending wedge, initiating the pattern with a clear...
