Very very bullish on this name and sector. ACB has formed a falling wedge and a rounding bottom consolidation. With earnings on deck, im confidently long given my previous post on this being a similar setup to what we saw in 2015. DIAMOND HAND IT above 6.61 breakup daily candle.
Seems we have a nice head and shoulders on ACB that could push the price near 9 USD during the next 2 monthes. Stop under 6.30
Marijuana stocks have been on the decline for a while, but things may soon start turning around. Last month, the House Judiciary Committee advanced HR 3617 or (MORE) Act of 2021, a bill that repeals the long-standing federal prohibition of marijuana by removing it from the Controlled Substances Act — thereby ending the existing state/federal conflict in cannabis...
Holy FS.. MACD looks like the SpaceX Falcon Heavy about to launch.. Just need the politicians to push the button.. Buckle up buttercup
1. Range breakout 2. Inverse head and shoulders pattern 3. Earnings in just over 3 weeks
At its now again like always ive been seeing the same price for many many time now and ive been back testing on webull papertrade with 100,000 even before ACB SPLIT and made it 5mil with i understand we all want money fast but this will take time ive Believe and investing with real money now it will happen again so ive go in every week braking it down why i think...
These thoughts are my own ideas based off my own analysis. Please do your own research before putting your own money into the markets. DMs are open if you have any questions 👍
ABC - Double bottom of the decade Massive double bottom forming on what could be a 5 year long pattern at play . This $7 region is also a high traffic area of market structure in which we have seen flip in to support and resistance over the years Aurora Cannabis, Inc. is a cannabis company that produces, distributes, and sells its products. It also manufactures...
Cannabis stocks like Aurora Cannabis, and this is not the most bullish, have been beaten up in the past 6 months, while they kept delivering good results. Aurora Cannabis Launched its First Medical CBD Product in Uruguay 2 days ago. The CBD oil is available in 3% and 10% concentrations in pharmacies across the country. My price target is the 12.6usd resistance.
With the legalization of cannabis in more states in the USA, this stock is going to the moon. I anticipate that we will reach the high target of this channel which is about $45 in the middle of Feb 2022.
Now you have to decide... Short or Long ... But this is small Picture.....Bullish for long term...
Otro que tengo en la mira, es ACB. Me gusta que llego a una buena zona en l aud está haciendo retest ahora mismo. Esperaría que rompa los 6.67 hacia la alza, un retest al 61% del fibo de la estructura en 15m. Ahí los price targets que me gustan, pero sobre todo incluí el RSI ya que en 4H se ve interesante
There's a big weekly down trend that had ran its course in pot stocks, and the daily chart is reversing here, odds are we can squeeze 10-11 times the risk if we go long here with a stop around 16.18, it is worth a shot with something between 0.25% and 2% risk in the trade. Up to you, how much you risk on it. I'm being conservative and sticking to a 0.25% max risk...
I would like to review my post on August 15: Tough week ahead for Cannabis Stocks! You judge the accuracy rate!
$ACB Target 10.27 for 43.64% I added quite heavily here today to bring my average down. This is it for a while… gonna let her run… Technicals look sexy… ----- — On the far right of the chart is my Average (Grey) Current Target (Green), and Next Level to add (Red) Percentage to target is from my average. ONLY ADD at support levels & FIB levels… labeled I...
Canopy Growth (WEED) is getting absolutely hammered. We're down over 7% this month after crashing over 20% in July. Imo, the stock is going to blow up when the US finally decriminalizes Cannabis. The opportunities for hemp are endless and of course the recreational market for drinks, bud, and all the rest is booming in legal markets. If I see a sub 20's print,...
ACB: NASDAQ:CGC NASDAQ:CRON NASDAQ:SNDL They lost their supports and it happened with increased volume! I'm looking for short opportunities in the next week. My previous Weed analysis was one of my best works ever! Feb 3rd, 2021: Feb 11,2021: April 12:
USA Ancillary wins. $GNLN #thegem LP's have been #storytelling for far too long. Revenue Growth & PROFITS matter most in rising rate environment. *valuation matters