Justiceisfalse2

Justiceisfalse2 Updated 

Looks like the weekly 200sma holding nicely. Over last weeks high and a weekly close above 3130ish could put this back on the long side for a nice swing.

Justiceisfalse2 Updated 

Looks like a fantastic spot to get a long bias going.

Justiceisfalse2 Updated 

Pretty good track record since 2009 of getting long in August for the annual inventory build up going in to winter. Current inventory levels (see chart here: ir.eia.gov) are close to the 5yr average so expectations for the trade will also be average.

Justiceisfalse2 Updated 

With a daily close in the 157s $IWM should take a run at those Fib extensions. Some nice juicy targets there to go capture.

Justiceisfalse2 Updated 

Looking for short entries Other considerations also taken in to account prior to execution.

Justiceisfalse2 Updated 

Notes on chart. Risk reward is very interesting Can play the commons $MMEN.C or the warrants MMEN.WT.C

Justiceisfalse2 Updated 

I am not a big proponent of trendlines but this pattern is coming to a head real soon. This wedge lines up with a bunch of other stuff I am seeing, hearing, feeling. Not sure how or when it plays out but it would seem logical to sell a bit in to the strength and buy some puts about a month out.

Justiceisfalse2 Updated 

Been trading this setup nicely since the Q4 2018 dump $LULU has great relative strength and is setting up a beauty bull-flag Targets are the fib extensions off the flag Calls in the 155+ range seem reasonable

Justiceisfalse2 Updated 

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Justiceisfalse2 Updated 

So the entire cannabis sector is getting absolutely hammered after the Canadian full legalization "event" on October 19, 2018. This "event" is a non-event in my view as there is/was no new information brought to the surface. All info was known ahead of time. Therefore the correction of the recent rally is fully warranted. What I am seeing is that from the August...

Justiceisfalse2 Updated 

As much as I am bullish the sector and the name, this move is just a little too much too fast. IMO the 129% move in a few sessions will need to be retraced. The FOMO of the $STZ investment in $CGC is being felt and the "rumor" of $DEO shopping around, be it true or not will get faded eventually. Keep in mind that $TLRY is reporting tomorrow and with a mkt cap of...

Justiceisfalse2

Could be doing something like this.....

Justiceisfalse2 Updated 

$NFLX was 100 last November. You're gonna tell me Netflix 2.49% is worth 4x what it was 7-8 months ago? I mean, I watch a lot of Netflix 2.49% and so do a lot of other people but that's a serious run. I have no position. Just an observation

Justiceisfalse2

Backtest of 21ma on weekly and jam time back up. Looking for a big push in to October full legalization in Canada.

Justiceisfalse2

Here is a comparison of $CRON; $CGC/$WEED, $APH/$APHQF and $ACB/$ACBFF There is a pretty strong correlation going on. I put the US tickers up because, going in to the Oct. 17, 2018 legalization date for Canada, I think that the options for $CGC and $CRON will have a lot of torque and the expiry is Oct19'18 so you can capture the event +2 days. There are Canadian...

Justiceisfalse2 Updated 

After years of consolidation $PDP is finally breaking past 0.33 on above average volume. Could be looking at 0.50s pretty quick.

Justiceisfalse2 Updated 

That is a nasty reversal after a formidable run. I'm bullish the sector but a market cap increase of that magnitude in that time frame needs a pullback!

Justiceisfalse2 Updated 

$CRON obeyed the downtrend. Sector wide sell of after the Canadian Senate vote.