Long on CRON after bounce off trend lineNASDAQ:CRON
Illinois recently made huge progress by being the first to legalize marijuana through state legislation. I think this is going to be the turning point for legalization across the United States, and potentially even federal legalization sometime in the next couple years. The whole gay marriage thing did something similar a few years back, and I think we're going to see the same thing here. Slow progress, sudden progress.
CRON just bounced off a trend line, and is heading towards a trend confirmation line. It may retest this lower trend line, but it will do so with a higher low. I believe we'll see this gain the 63% back to retest highs before breaking through on to new highs. This 2 year uptrend is mighty convincing. I think this is a great entry for a long.
420
Tilray - Follow the raysNASDAQ:TLRY
$TLRY went through a rough year. The greed/fear cycle played itself out, and here we are... back where we started.
$34 is a major support, and we just double tapped it and started an upward trajectory. Based on the volume profile of the stock, I think we're headed back towards an equilibrium, right around the mid 70s. We'll consolidate at 50 for a bit, but then I expect us to move quickly up to about 78, where another area of consolidation will occur. We may see some brief consolidation around 60, but it'll be short lived as it's not a major zone.
Follow Tilray's rays. Low created a high, a higher low and a higher high. That's an uptrend, my friends. Keep stops tight, but I believe we've found the bottom at 34. The uptrend was confirmed by a last kiss, which is icing on the cake.
India Globalization Capital Inc. (AMEX:IGC) Exit StrategyBought some shares of this company at just under $3 before the euphoric run to the upside started. This is really my first foray into trading company stocks and I don't usually trade based on news, but with this one I did. With the 420 industry set to blow up here in Canada, it's interesting to see a bubble go through the motions while it's happening. I have no doubt many companies in this sector will fortify over time beyond Oct 17th, however, for now it seems like a lot of speculation is taking place, which is causing a lot of these companies to be over valued. IGC is a prime example of this. I don't have any confidence in this company reaching the heights it did last week again. I believe currently we are finishing up a correction before the downtrend ultimately continues. I am hoping to cash out my shares around $7 if it goes back up there as per my analysis, otherwise I'll hold out until $4 if it starts breaking to the downside earlier.. either way I'll still be in profit..
Disney breaking back down?I am looking at $100 to $104 to re-buy at lower levels.
Disney has been consolidating forever, maybe years whether it's ready for moon, or not, has yet to be determined. Either way, we should make a large move soon though, of which I plan ON capitalizing on it.
***PM me to join my free trading group where we discuss all of this in the open :D
Just PM me for an invite
CRXPF - 420 REIT breakout in volume readying for Oct. 17th??US Cannabis REIT Crop Infrastructure breaking out since early Sept. in heavy volume.
CRXPF IIRT
1865 Acres added this month. Several customers have submitted dried crops for testing (pesticides, THC, etc. for legal sale) and looks very promising. 15 business days to go.
october 17th is Canada legal date, Crop Infrastructure Corp, formerly Fortify Resources Inc, is a Canada-based company engaged in the Real Estate Investment Trust business Sector. The Company is primarily engaged in the business of investing, constructing, owning and leasing greenhouse projects as part of the provision of turnkey real estate solutions for lease-to-licensed cannabis producers and processors offering operations. The Company's portfolio of projects includes cultivation properties in California and Washington State, Nevada, Italy, Jamaica and a joint venture on West Hollywood and San Bernardino dispensary applications. CROP has developed a portfolio of assets including Canna Drink a cannabis infused functional beverage, US and Italian distribution rights to over 55 cannabis topical products and a portfolio of 16 Cannabis brands.
Currently cost is at 236 Fibretracement and baseline of current trajectory, yes trajectory excitement beware and still entry signal showing on daily chart.
CANNTRUST HOLDINGS - TEIR 1 STOCKCNTTF CRON CGC TLRY APHQF
* CannTrust Holdings breaking out on harvest time sales about to commence....profitability as a Top Tier Cannabis stock, usually the least favored of this group I might add.
* Buy low, sell high, don't loose your money.
* chance to get more or first half share at $9 382 retracement after buying market order, can always buy more on the dip.
* Oct. 17th coming folks
* longbuylongsell by @MarxBabu Note: CCI shows excellent agreement to blue entry timing here with day chart, so MACD left out.
Disclaimer: Sorry volume with left handed index of volume # makes chart so busy and would love to have a reducting to 1/2 or better 1/3 the size.
About: CannTrust Holdings Inc is a Canada-based company, which produces pharmaceutical-grade medical cannabis for patients. The Company is a federally regulated licensed producer of medical cannabis products. The Company operates a hydroponic facility and an onsite laboratory for testing and research on the medical use of cannabis. The Company's exclusive pharmaceutical partner is Apotex. CannTrust Holdings Inc's products are divided into the following: Products Type, such as oil, dried cannabis, accessories and patient ready; Strain Type, such as hybrid, sativa dominant and indica dominant, as well as Strength, such as strong, mild and moderate. The Company's products are sold online through its Website.
CANOPY GROWTH CORPORATION (TSX:WEED) SHORT TERM ANALYSIS - 30MMy short term outlook for Canopy Growth Corporation (TSX:WEED). I believe we are in the midst of a small correction. I see the price bottoming out around the vicinity of $50 before we see a return to the higher upside trend. Going to continue to monitor and purchase shares at the bottom if my analysis holds true.
NCAP - Micro software Northsight Marketing (420 software)NCAP is growing at 166% sales growth, however likely growth is with legalization.
Watch and follow microcap software IT for eventual play. 2014 RETURNs play.
Pick & Shovel stock
Wish they'd diversify software focus to medical marijuana & CBD side, instead of all fun & games. #missingthebigpicture
VC phase, earnings -0.01 to none as positive.
$SYY The case for valueFundamentals are Bullish; Free Cash Flow, Earnings are + w/ momentum;
Dividend Payer -- use them to buy pennies like $PTN to bet on sex and $IGC or $XXII to bet on 420, whatever u like, or save them up to get more low cost monthly dividends stocks like $CHW $PKO $PTY
I already entered many of these tickers above
Know this is a long term hold for me if fundamentals stay bullish and technicals continue to look fantastic
GL HF
xoxo
snoop
MONERO - EXACTLY LIKE THIS ($420 @ May 15)Monero knows its place. Tho beaten down into the $200s like a late 2017 shitcoin hunkering down as an army of "burned in" ASICs aproacheth from the horizon, Monero drew strength from its quiet slumber. From deep meditation emerged a wisened, determined XMR. And its sights are duly set above.
I believe. Because I drew it on a chart.
But guess what. That's Zcash on the chart. NOW WHAT?
Happy 4/20! Woke up to an encouraging green breakout candle.We see some very encouraging signs on the 4hr and 1 day chart this morning...we had a nice bullish impulse on the last 4hr candle which shot us upward out of the bullflag all the way to the $8500 region. This surpassed the 50day MA on the 1 day chart....we have now formed a small head and shoulders pattern on the 5 minute chart however which will only be able to take us down to 8400 on its own...having that head and shoulder pattern push us back into the bull flag is unlikely however because the 4hr t line(in yellow) is blocking the entrance back into the bull flag...It's the bouncer to Club Bullflag and no more red candles are allowed in...not only that but it's also being backed up by the 1 day charts 50MA(not shown here on the 4hr chart). The 50ma on the 1 day chart is essentially overlapping the top trendline of the bullflag which simply double reinforces both of their support capabilities....and the 4hr tline is just barely below them in a way that it is pretty much a triple reinforced support line. So yeah both the 1day 50MA and the 4hr T line are the bouncers at the entrance to Club Bullflag and no red candles are allowed haha. So probability is quite good we can close another 4hr confirmation candle above the bull flag. From there we want to see a big volume impulse to drive home the confirmation..sometimes on the 4hr chart we need 3 candle closes above to confirm before the volume kicks in but usually only 2 candles. Once we do we will be heading for the top of the vertical green dotted price target line. Which,if you remember way back at the beginning of the month when we broke upward out of the falling wedge, we still have yet to reach the target of that breakout of the 9400s (purple dotted trendline) so odds are very good we will confirm this bull flag breakout..we will finally hit the falling wedge breakouts target and then our enxt stop will likely be the bullish breakout target of the current bullflag with potentially a sideways consolidation stop or 2 along the way. On the bigger picture of the weekly timeframe, I have drawn with lavender trendlines the massive descending triangle pattern that we formed ever since the all time high in december… & we're finally reaching the apex of that pattern. in fact, we've currently broken above that weekly triangle pattern & will close the current weekly candle above it by this sunday night as long as we don't dip back below 7400 which is a low probability. Currently, beyond the mostly insignificant 5minute timelines head & shoulder breakdown, the bigger reason we are seeing a little redness in the current candle is that we have hit the weekly charts T line which is currently resistance. I've a feeling once we confirm the breakout of this bull flag with 3 4hr closes above it, we'll get enough of a bullish volume boost to surpass the weekly timeframes Tline. If we can overcome the weekly charts Tline & flip it from resistance to support, then I'm highly confident we'll confirm a breakout from the weekly descending triangle. Once we do the breakout target of that is massive & around 18800. If this happens then my original hypothesis way back when we originally got the huge volume spike in february of potentially seeing a new all time high by May 7th-9th will be very possible. I think we will see a new all time high sometime between May - early July. However, the reason I think May 7th-9th could be a possible date is simply because of the fractal nature of the current pattern w/ the pattern that occured on september 15th of last year…it took exactly 3 months(december 15th) to reach our all time high after the adam & eve/huge volume spike of September 15th…so if history were to repeat itself exactly, that would mean that we could essentially find ourselves reaching a new all time high 3 months from the date of our new huge bullish volume spike which happened on february 7th which would make May 7th 3 months later…or May 9th if you consider feb has 2 days less than September.
420 Day Canna coins POT DOPE THC CANN!! [BTFD]Happy 4/20 day from australia!
420 minute charts for giggelz
seems like its the in thing to buy this year, no huge dumps yet but some good fights on the markets
remember kids drugs are bad....lol
come follow me fellow herbsmen :) join our very active group below...
jah bless
Cannabis Coins Update, entry or rebuys POT CANN TKS THC [BTFD]So we featured 5 cannabis meme'd coins back in the last weeks as a tip off to start buying up
the rise is starting already (hopefully you all grabbed a few coins)
some weaker hands have sold already, maybe bots and such but also u might have ignored the signal and its time to get in now u can see it moving up against bitcoin
this is a perfect set up to earn some more bitcoins before we go sky high ATH's again
So i have retraced the last movements to give an idea of entry, looks towards 0.386 but the might only come down to possibly 0.5 on the fibs
these pumps happen every year for 5 years now, so there is long history just now we have some newer coins
other 'canna' coins which TV did not have charts for but u might want to look at are as follows:
PARAGON
PotCoin (POT)
POT.png
Website:
www.potcoin.com
coinmarketcap.com
Markets:
Poloniex POT/BTC
Bittrex POT/BTC
Bleutrade POT/BTC
Cryptopia POT/BTC
CoinExchange POT/BTC
Cryptopia POT/LTC
alcurEX POT/BTC
Tux Exchange POT/BTC
Cryptopia POT/DOGE
Bleutrade POT/DOGE
Cryptopia POT/UNO
CannabisCoin (CANN)
Website:
cannabiscoin.net
coinmarketcap.com
Markets:
Bittrex CANN/BTC
YoBit CANN/BTC
Cryptopia CANN/BTC
Cryptopia CANN/DOGE
CoinExchange CANN/BTC
Cryptopia CANN/LTC
HempCoin (THC)
THC.png
Website:
hempcoin.org
coinmarketcap.com
Markets:
Bittrex THC/BTC
Novaexchange THC/BTC
alcurEX THC/BTC
HempCoin (HMP)
Website:
www.hempcoin.com
coinmarketcap.com
Markets:
YoBit HMP/BTC
Marijuanacoin (MAR)
Website:
marijuanacoin.net
coinmarketcap.com
Markets:
Cryptopia MAR/BTC
Cryptopia MAR/DOGE
Cryptopia MAR/UNO
Cannacoin (CCN)
Website:
www.cannacoin.tech
coinmarketcap.com
Markets:
Cryptopia CCN/BTC
Cryptopia CCN/DOGE
Cryptopia CCN/LTC
MaryJane (MARYJ)
Website:
www.hugedomains.com
coinmarketcap.com
Markets:
No Active Markets
DopeCoin (DOPE)
Website:
dopecoin.com
coinmarketcap.com
Markets:
Bittrex DOPE/BTC
Sativacoin (STV)
Website:
www.sativacoin.io
coinmarketcap.com
Markets:
YoBit STV/BTC
Cryptopia STV/BTC
Novaexchange STV/BTC
Cryptopia STV/UNO
Cryptopia STV/LTC
Cryptopia STV/DOGE
Bongger (BGR)
Website:
www.bongger.com
coinmarketcap.com
more coins here:
cryptoslate.com
Cannabis Crypto Coins for April 20th profits [BTFD]With Canada and many other countries changing some archaic laws in 2018, we only hope that the war on the people will start to come to an end
Still, brave new world businesses are struggling with accepting payments and issues with banks/banking are making the transition period extremely difficult
Potcoin and the newer ones will all get a boost leading upto April 20th BUT do not suggest holding any later than 18th of April as early whales like to dump just before the date (as histroy shows)
some of the cannabis orientated coins could be a solution but which one?
Potcoin is the one of the oldest of the cannabis mem'd coins, has history of april 20th volume and past pumps/dumps - has an energy drink product i think.
Dopecoin has its own payment gateway and is gearing up for the coming legal changes
Hempcoin HempCoin THC was among the first 30 currencies developed in 2014 and is a highly focused digital currency for the Agriculture/Farming Industry and Marijuana/Hemp Industry
CannabisCoin Again looking to create a payment system so medical shops can do business, not a lot of updates from CANN tho, looking the weaker of the cannabis coins personally
How to trade?
basically find the lows daily buy until 16th April or until the real pumping starts, then choose your exits, whales love to dump early on this so i would advise not holding these coins after april 20th, unless u prefer to of course
why 4/20?
en.wikipedia.org(cannabis_culture)
have a great April and here's a shout out to Canada for being among the first nations to stop the war on its millions of cannabis user population (yeah thats includes u Ricky)
www.investopedia.com
Jah Bless x
Canna crypto coins pt2 1 day charts [BTFD] 420Part of the canna coin
pot coin has been replaced with TKS tokes
all charts in 1 day format, so trends added for break outs and buying confirmations
Feel like gambling? Buy PotCoinIts going to be 420 soon and Donald Trump will also be meeting "Kim Jong-Un". Dennis Rodman wore a PotCoin t-shirt when he went to North Korea. None of this makes sense, but PotCoin may pump. Careful with your entry tho, altcoin & crypto season seems to be slowing down and you dont want to get trapped.