CO2 GRO Technical Analysis: 100% return over next 1-2 months Short term we are due for at least a small bounce since we finally have some signs of buying volume increasing. Note the bull volume spikes end of this week as well as back in June before the last uptrend started.
Daily MACD is just about to cross which when combined with stochastics rising out of oversoold indicate a likely uptrend beginning.
$0.15 was a major support and now is acting as significant resistance, a break above this level would 100% confirm the continuation of the megaphone chart pattern up to at least $0.30.
Easy 100% return over next 1-2 months even without any major catalysts, but this company has first revenue coming any week now as well as new research/trials being completed monthly. 8 Million market cap and projected revenue stream for 2019 is $10 million.
Cannabis
Youngevity Is The Most Undervalued And Safest CBD Play!Bullish Flag with CBD innovation fueling the next swing up; great buying opportunity.
Summary from Article Linked:
Youngevity's market cap is less than 1x 2019 revenue without considering CBD.
The company seeks to create a field-to-finish hemp business.
Investors can make a CBD play knowing that the coffee and direct selling aspects of the company offer stability.
Canopy Growth's position in the industry.Canopy is one of the most well established Cannabis companies out there. They mainly focus on the distribution of medical cannabis. They have different products in their portfolio, from CBD concentrated pills to CBD oils.
The last couple of days its stocks have been in a bearish trend, but it seems now that they have reached the MA 100 with a bullish candle. If my prediction is correct, its stocks might keep increasing in price.
PD: Keep always in mind that Cannabis stocks are very volatile due to the current fragility of the industry. A lot of variables will still be present, coming regulations, market and consumer experiences. Also, controversy with its legalization will create ups and down because there is still some stigma in different societies; as to research that could suggest that its legalization might not be as positive if not structured accordingly.
Aurora Cannabis Inc! Technical analysis into 2019!Hello everyone, hope you are well. This is a technical analysis on ACB.
Aurora Cannabis Inc. is a Canadian licensed cannabis producer, headquartered in Edmonton, Canada.
In this analysis, we have 4 quadrants which show the accumulation and distribution cycles in 147 day periods.
After rejecting the 2018 highs, we did post a new HH, however we closed as a bearish engulfing candlestick on the weekly timeframe. Now that we are in this distribution stage, we have fallen over 50% within a 2 week period.
The .786 fib level is showing rejection, if we bounce and continue higher I see a further rejection from going higher near the .50 fib retracement near the $8.00 figure.
There is a gap that needs to be filled near the $4.00 region and this is where I will accumulate. Looking for March as the next interval to go bullish, time will tell.
Thank you
Bearish Cannabis MarketAfter a good increase the Cannabis stocks seem to have decreased more than +1 point over the last couple of days.
Still good days are ahead.
FTW.
Bearish CronosThe short term bearish trend challenged all the floor lines that were suggesting an upward trend.
Now it is time to wait for it to either truly reach the MA 40 or to actually touch the MA 100.
If it touches MA 100, would suggest a BUY opportunity based on my experience. However, it is always wise to wait for a bullish candle before making a decisions.
PD: Cannabis stocks are incredible volatile.
Short Term Aurora AnalysisToday has not been a good day for Aurora's Stocks
However, at the end of the orange Triangle is where I predict the trend is going to reverse.
Turning Point. AuroraToday has not been a good day for Aurora Cannabis.
Here is my prediction to when is it going to turn
$TGODF Call order placed. #ichimokukinkohyo #timetheoryWaiting for pullback here looking at the 1D and 240m time frames. Call order placed. See chart for details.
LHSIFBullish while holding hourly uptrend
-trade in weekly range
-double bottom shown on weekly
-solid bounce
-broke high of initial 4hr bounce
-resistance approaching top of the weekly range
-stop loss 1.09 while playing the bull move up to the top of weekly range
-look for tightening range inside weekly range unless news
TRSTtrade weekly range. news could change this
-looking to break 4 hour high, then face phycological whole and half dollars
-stop loss 4 hour support
EMBLEM: Legal Cannabis ProducerReentry price levels to watch:
Emblem Corp. produces, distributes, and sells medical cannabis and cannabis derivatives in Canada. The company also operates medical cannabis education centers to provide education services for making informed decisions about medical cannabis treatment options to physicians and patients. In addition, it provides various accessories. Emblem Corp. has a strategic partnership with GreenSpace Brands to develop and commercialize cannabidiol infused health and beauty products. The company is headquartered in Toronto, Canada.
Letter from the President and CEO of Emblem
finance.yahoo.com
Current Total "Square" Ft: 23,500
Future Total "Square" Ft: 170,000
Location: Toronto, Canada
Website: emblemcorp.com
Number of Employees: 68
Market Cap: 143.61M
Ave Volume: 308,438
$SPRWF $FIRE Daily Technical's Reset - RSI - MACD - Volume Fundamentals are solid for Supreme, very bright future imo. Long term uptrend in tact. Daily technical's appear to be resetting. See chart technical analysis for details. GLTA
FSD Pharma Cannabis StockFSD Pharma had a big bull run over the last month. After the 18th of Oktober we saw that the bears controlled the Cannabis Stockmarket, but I think for the future will FSD Pharma be a big player in the Global Cannabis network, so lets see where its going :-)
RED Light - GREEN Light, sorry GREEN Light - RED LightCRONOS Group likely going full retracement to low $6's.
Oversupply, VIX, profitability, recent losses and await when larger institutional buying allowed Federally. November review watch. Few others here.
CRON
CGC
ACB
APHQF
CVSI
CBDS
Pick'n shovel stocks:
SMG
BLOZF
KSHB
IIPR
OTC:MNTR
NASDAQ:MSFT
NYSE:BE
ACB - UpdateA ACB TSX:ACB
Down 17½% from opening price on NYSE and down 27.7% from high.
Watch list.
Long Position in Play for $OGRMFCall order filled @ 4.20. See chart for further details, i.e., S/L and T/P:1, T/P:2
Aurora trading on NYSE Aurora Cannabis is now trading on the NYSE under ACB
NYSE:ACB
TSX:ACB
NASDAQ:CRON
TSX:CRON
NASDAQ:TLRY
NYSE:CGC
Westwater Resources* Don't bite
* EV is 60% of Mkt Cap
* No Div.
* Declining free cash flow
* Working on biobased digester for Cannabis stalks to reduce pressure on land fills in CAN