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Canadianmj

CURALEAF HOLDINGS TO $25 (CSE)CURALEAF Third Largest Cannabis Company Worldwide FUNDAMENTALS & TECHNICALS 1. February sell off has resided and patterns are looking bullish. We are in line to reach $25 by earnings call on March 22nd (catalyst) 2. January highs have been tested at $16.70. Levels involved with $50 Million Canaccord Genuity offering and the replacement of the CEO 3. Previous quarter report forecasts positive EBITDA 4. Owner Boris Jordan is extremely involved and wants to raise the valuation 5. CURA is the third largest company by revenue. APHRIA- CANOPY GROWTH- CURALEAF. Size of the company does not match the valuation in relation to its peers. This is a $40 Stock with this basis 6. Cannabis Sector is bullish particularly in the US CANNABIS with Biden 7. Company posts solid earnings of $100Million+ and has licenses on numerous states and keeps acquiring them 8. Momentum Squeeze has indicated a shift of direction 9. Divergence Oscillator is centered and with room for a bull push (7hr Chart) ALL SUCCESS This publishing is for research purposes and in no way represents an order, directive or suggestion. This is for informational purposes and represents and opinion. Everyone is responsible for their own decisions and should invest only within their means as a sovereign individual GREAT APPRECIATION AND THANK YOU to the Indicator Publishers: CRYPTOFUNDMANAGER & LAZYBEAR CSE:CURA
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by MGNCAPITALMARKETS
$CGC potential buy opportunity coming upTicker: $CGC CGC had a huge bear day, closing near the LOD on Friday. It was very correlated to $SPY on Friday and I won't be surprised that it will continue to be that way if the market dumps. Hourly time frame is in the oversold area, but I will be patient to enter if the market is dumping. I will look for a potential entry this coming Monday if we dump hard. Anything over 19.02 is a daily HL and in the long term, the bulls still have complete control. Watch the volume this upcoming week as it will be a key indicator. Daily bull flag is negated due to Friday's bear action, but I will look for a equilibrium pattern with a HL above 19.02.
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by DerekTradeEZ
WATCH OUT FOR A BREAK ON MONDAY 12/23TICKER: $CGC Will history repeat itself? Just like last time, CGC is again a daily inside bar with resistance of $20.28 and support of $19.65. I do expect high volume on Monday, but the break is uncertain until it happens. Don't be bias and watch the charts because price action is KING. I will be watching CGC closely next week and again, will either go long or short depending on how we break. Give me 15mil volume in whatever direction and I will be happy. But looking longer term, this is a daily inside bar within a weekly inside bar. Depending on how we break on Monday, it would impact how we break on the weekly time frame. No matter how we break on Monday, my next target will be the weekly resistance and support of $21.14 and $19.45. Good luck next Monday, don't let your emotions get the best out of you, and remember PRICE ACTION IS KING.
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by DerekTradeEZ
CGC getting very tight. Expect high volume tomorrow 12/9/2019Ticker: $CGC Daily inside bar with very low trading volume on Friday 12/7/2019. This is because CGC is announcing a new CEO on Wednesday 12/11/2019 and both bulls and bears are uncertain about who it's going to be. None the less, I expect a volume spike tomorrow as the range is so tight. The break is inevitable and potential leaks or inside information could be part of the volume tomorrow. Depending how we break the range tomorrow, I will plan to take a trade; bullish or bearish (if shorts are available)
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by DerekTradeEZ
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APHA Bullish Divergence | Double Bottom?Hello traders, Apologies, been under the weather the past few days, but now I’m back! Today’s chart update will be on APHA – APHRIA Inc – Canadian MJ. Which has been in a brutal down trend, but there are signs of a possible reversal… Points to consider, - Trend Bearish - Support at $3.90 Region (double bottom) - Price testing resistance - Stochastics trading in upper region - RSI diverging from price - EMA’s giving price resistance - Volume declining The trend has been putting in consecutive lower highs as it approaching its possible apex zone. The green highlighted zone is the current support level with a possible double bottom, signalling that buyers are strong. Resistance is poised by the trend line, which needs to break to negate the higher low market structure. Stochastics are currently trading in the upper region, can trade in this region for an extended period of time, however lots of stored momentum to the downside. The RSI is currently diverging from price as it puts in higher low whilst the price has put in lower lows, The EMA’s are currently giving price resistance, needs to cross bullish to support price in testing upper resistance levels. Volume is visibly declining; an influx of volume will confirm the direction of the break. Overall, in my opinion, a break is imminent as we have a probable bullish divergence and a double bottom coming to fruition. APHA needs an influx of volume with follow through; this will avoid a possible false break. What are your thoughts? Please leave a like and comment, And remember, “Never let a win go to your head, or a loss to your heart.” – Chuck D.
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by AzizKhanZamani
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ACB Critical Areas To Watch! Hello Traders! Welcome to today’s chart update which will be from the Canadian MJ sector – ACB – Aurora Cannabis Inc. This pot stock is testing a critical area; price may put in a new local higher low and or break the trend and negate the whole market structure… Points to consider - Potential Triple Top - Price testing critical support zone - Local support at $2.60 region - Stochastics projected upwards - RSI testing support - EMA’s giving price resistance - Volume increasing - VPVR showing low volume of transactions ACB is testing a very critical support zone at current given time which must hold to maintain the overall market structure. This zone has in confluence the .618 Fibonacci level, a bounce is probable however we need noticeable strong bull volume to push price back up. The stochastics is projected upwards from very low regions which signify that the bulls have a lot of stored momentum if a bounce was to come to fruition. The RSI is testing support, historically, a test of support leads to a bounce back to neutral area from oversold territories. The EMA’s are giving price resistance, we need to see it cross bullish otherwise a break of the critical zone will be more probable. The volume is picking up, as mentioned before, we need to see it sustain bull volume if a bounce was to come to fruition from current level. VPVR is quite interesting and favours the bears as there is very low volume of transactions between the two segments of the critical support zone and the local support zone. This tells us that the bears will be more probable to reach its technical targets due to the low level of resistance from the VPVR. Overall, IMO a break from this trend line will further confirm the triple top analysis as the market structure will be negated, failure of putting in a new higher low. This is quite bearish; ACB will be more probable of testing lower levels… What are your thoughts? Please leave a like and comment And remember, “Sheer will and determination is no substitute for something that actually works.” – Jason Klatt
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by AzizKhanZamani
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CWEB Trade Set Up! Hello Traders! Today’s chart will be on CHARLOTTES WEB HOLDINGS, a pot stock to keeps your eyes on! Points to consider, - Overall trend bullish - Price respecting upwards trend line - Bulls testing major resistance - RSI respecting downwards trend line - Stocks showing downwards momentum - EMA’s providing price support but looks weak - Very low volume CWEB chart is very clear at current given time; shows us exactly what key levels to watch for the bulls and bears. The trend has been putting in lower highs over the couple months, with price now testing resistance, gives us a good trading set up! The RSI is respecting the downwards trend line as the stochs continue to show downwards momentum. It’s important to consider that the volume is very low at given time, as when we see a breakout, it is expected that volume will increase drastically. If bulls are capable of breaking local resistance, we can witness gains of up to 20% and vice versa if bears are able to break upwards trend line… What are your thoughts on CWEB? Will it break bearish or continue its bullish momentum? Please leave and like and comment, And remember, “You never know what kind of setup market will present to you; your objective should be to find opportunity where risk reward ratio is best.” ― Jaymin Shah
TSX:CWEB
by AzizKhanZamani
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CGC continues to tighten in Equilibrium PatternCGC is currently in a very tight equilibrium pattern. Although these conditions are not ideal for active trades or anyone looking to trade short term, they are ideal for those of you whom are patient and are willing to wait for a break to enter a short/long position. Equilibrium patterns are my favourite pattern to trade from upon breaking as there is generally very significant movement to whichever direction it breaks. Please note, although not textbook due to amount of time, some may argue that this is a bull flag scenario. I will keep everyone updated as to what positions I open for CGC.
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by CryptOReilly
APHA dumps more while investors wait for company responseIt's now been three full trading day and Aphria still has yet to challenge head-on the allegations of a short seller who put together a compelling storyline. The only response so far has been to dismiss the claims, and this lack of response has seen the stock lose half its price in three days. In this video I discuss where I see the short term action heading, some comments on my last video, and why I would not recommend friends or family investing in Aphria
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by McGuireTO
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APHRIA price crashing after credible allegations levelledAPHRIA is under a short attack, and down 40% in two days after credible allegations have come out about fraud, stealing investors money, and dilapidated international facilities. I have no way of knowing if these allegations are true or not, the truth is probably somewhere in the middle, but the video is very damning. The short seller took a flight overseas and did boots on the ground due diligence, gave a 47 minute presentation, and took questions form the audience. Aphria hasn't responded to the allegations and their stock price is crashing as a result, and will likely continue to until they can stand up and give credible evidence to refute the allegations. Please watch this video, whether your in APHA or another stock in the sector, so you are aware of what's going on and make your own decisions. Keep in mind this drama is a millstone on the entire sector, and other names in the sector are having correlated bearish reactions to this problem facing Aphria. www.youtube.com
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by McGuireTO
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