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Cannabis

Potential Massive Double Bottom. (CANN)Looking at major s&r levels on general cannabis Corp otc pennystock. I will throw a couple of shares in the portfolio on a potential support play. Just a buy and hold small diversification and I'll forget about it. If respects levels we could probably get a pop up towards $1 - $1.25 My indicators are not providing a buy signal, just a potential support play. Sometimes you just feel like rolling the dice 🎲🎲 Longterm hold. Diversify! Never go all in, especially OTC Markets!
OTC:CANN
by UnknownUnicorn2319099
1
[OGI] Pinned Down at Great Value... Load Up for Earnings!I know you guys are hungry for cannabis stock analysis so here we go! Just ran through the stable and OGI is far and above the best value cannabis play right now. They also have earnings coming up on the 21st. Its strong fundamentals make it one of my top 4 cannabis plays (APHA, TLRY and CGC are the other 3). OGI and APHA are my top two long term fundamentals cannabis plays (TLRY and CGC fundamentals are a decent chunk weaker). Honestly this thing is so erratic trend analysis is very noisy but the value here is clear. Earnings whispers already signaling it could be a bit rough but there's also high chance of some positives that the FOMO crowd will latch onto and blow out of proportion. Currently OGI is 1.5% of my portfolio and I'm looking to gradually scale in buys and ultimately double my position over the next week. First buy target is tomorrow. I expect the market overall to start crashing down into August very soon and Fridays have been pretty weak for months now and OGI has been on the slide for awhile so will still hold off today. If we get a FOMO spike, I'll probably end up selling off 40-60% in 2-3 20% increments. Fully expect I'll have ample opportunity to rebuy well below whatever FOMO spike happens. If no FOMO spike, no worries! This is a fundamentally strong company, you'd just need to wait another few months within which would be ample opportunity for another spike. If it crashes I'll continue re-upping 10-20% chunks in preparation for the next inevitable FOMO spike although the floor this stock has now set seems very strong and is well below the floor of other cannabis stocks (aside from maybe TLRY which has a pretty solid floor too). Also price is right on the floor, hence the great value here. Ironically, their last earnings were a dud but last ACB earnings gave them (and the rest of the industry) a nice FOMO bump so any broader cannabis industry hype can easily bounce this thing around too making it a fantastic swing FOMO play. Plant your seeds soon and lets hope for a bountiful crop after next week! OGI was my 2nd idea on TView (now approaching 100 ideas!) and it held up pretty dang well (especially if we do get that predicted FOMO spike!):
NASDAQ:OGILong
by ProfitHarvest
11
Aurora Cannabis $ACB is getting ready for Moon MissionWell, cannabis stocks went through very rough couple years. They all were in accumulation mode for good part of 2019 and entire 2020. Accumulation is done and ready for take-off. Here is why: - Few month ago we made new Higher High with possible Higher Low as of now. - The reasoning behind Higher Low is a consolidation in the area of Fib levels 0.705 and 0.618. - Price breaking out (or at least trying) from the classic BULLISH Pennant. - Price extracted liquidity from fairly matured Order Block originated in 2016 Price Action with super High Volume. - The volume even higher than previous bullish runs of 2017-2018. - Other canna stocks are breaking out as well for confirmation. Looks like entire industry is ready for the move. Invalidation: - Price action breaks below HTF Liquidity Support and deeps lower. - New Lower Low established. Note: - There is one area of concern (gap in price) right around Volume Area Low and HTF support. Price may deep into that area for quick grab to close that gap, but this area can be treated as part of bullish "Reversal Island" setup and may be avoided altogether. As always this is not financial advise.
ALong
by LEVERXYZ
1
Don't get high too much, listen EngineeringRobo!If you listen EngineeringRobo, you already saved up to %94, that means if you had $100.000, your investment dropped as low as $6000. As of now, I'm a bearish since the candles are still under my down trend line. I will have to think twice if I want to buy again. If it will break my down trend line, I will be following EngineeringRobo's next signals to take action. You can also consider to buy at the support levels ($8.85 or $5.30).
A
by EngineeringRobo
2
ASX Cann buy opportunity filling the gapI have been watching this for quite some time, managed to buy in and then sell after the last bottom. I have had my eyes on this weekly gap since then, we have some great fundamentals behind the company. CBD looking to be legalised next year in Australia would be a great step forward and looks like its heading that way! I wont be taking a large position due to the stock market current conditions, but i do feel like this stock has room to grow so keen for a little play. Also mindful not to catch a falling knife! always DYOR
ASX:CANLong
by DylanWikki
6
NASDAQ:CRON P-Modeling Pt 1. Cannabis Hyperspace AgentsWelcome Hyperspace Agent... This is Cronos Group Inc. I am a holder. It is my belief... That the entire cannabis sector has found their bottoms. Give or take of course.. this is an approximation of the linear network. Bare Bones of Cronos Group Inc (CRON).. Will develop further as we go.. The catalyst is the legalization of cannabis in the USA by executive order by a president that promised to do just that. ;) _______________________________________________________________________ I do not expect to be spot on, however.. note the following.. Find the 'We are here bubble'.. Find the pink path.. This is the predicted path. Find the white trend. This is the actualized trend at a 4 hour time-frame. My proposition is that we follow with relative accuracy the trend in pink. Let's call this Proposition A. I do NOT have a proposition B at this time.. Trial and Error.. Failure is a necessary component of success.. Thanks for Pondering the Unknown with Me, Glitch420
NASDAQ:CRONLong
by Glitch420
8