#SNDL - 0.6$ might be the next and final support.Hi All, my main 3 take-outs from this analysis are the following:
1- Historical movements might be repeating themselves. Look at the three blue elyptical shapes and movements..
2- 0.6$ might be the next support from where the price might be rebouncing
3- AFter the rebounce the price might have a spike as done three times previously in the past
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
Cannabis
Shiba Collapsed - Happy Danksgiving - Crypto to Cannabis Google trends and trade volumes would suggest that crypto is crashing this #danksgiving
Peak FOMO is behind us. Light trading volumes around will provide whipsaws and the volatility necessary to get some new green shoots. Crypto to cannabis reform. The gem.
Akaerna $KERN has the Cannabis Compliance Data SOFTWARE. CEO, Board Chair US Cannabis Council. Jessica Billingsley.
States Reform Act
NDAA SAFE Banking
MORE ACT
NORML
CAOA
BiPartisan ... FEDERALIZATION....
It's time to Long TLRYI see here an interesting spot to invest. The price comes to the strong resistance lvl: 10$.
It's key lvl by support lines also it's a strong psychological lvl.
So this is my argument 🧐:
📃 Oversold. -83% price dump from the last local High.
📃 10$ strong support zone.
🚀 Huge volume on 12$ - possible investors "accumulation zone".
🚀 Price "Plato" for the last 4 weeks. Looks like accumulation for the pump.
📃 Under 50 MA on W chart.
🚀 Risk/profit ratio ~ 4
So what I am expecting here: it's moving to 50 MA zone on W chart. It's ~16$ for now or 40% gain. SL you can put under 10$ support line.
#SNDL - The story might be repeating again...Hi All, my main 3 take-outs from this analysis are the following:
1- Price is moving as per historical recent moves
2- Price is still within the falling wedge and should see a breakout (hopefully upwards) prior getting to the apex. But it might take still some time
3- By tday and tomorrow we might possibly see a rebounce from the 0.66-0.65$ levels, as also shown in the past.
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
Tilray 4000% up from here!ITS HAPPENING
Tilray 10,5 usd to 420!
Legalisation in US, South America, Europe and maybe even some parts in Asia.
Its a 100-1000 billion market worldwide.
Tilray in the number one leading international company in the cannabis game.
They already have operations in Canada, US and Europe.
Guess whos going to profit BIG TIME?
Tilray is the Tesla of weed stocks!
fasten your seat belts, the rocket is ready for take ofthis is not an analysis, more a very important information I want to share with you. Please keep in mind, this is not a trading advice.
As reported in several German newspapers, the future German government is planning to legalize cannabis.
Here are some articles I found (only in german, but google translate might help)
www.spiegel.de
rp-online.de
www.n-tv.de
SNDL - Historical moves are telling us all about the next move..Probably my most important video update so far... Let's see hw the recent months mvements might help us to understand what the next move might be.
In the meantime, price is just doing what it should, meaning covering the gap. Not completed yet, but we're close to it.
Not financial advice, just personal opinion and analysis
SNDL - Sundial Growers: maybe a retracement prior exploding?Hi All, my main 3 take-outs from this analysis are the following:
1- Price is moving within a descending wedge and a bigger trangle
2- Price has been rejected by the 200 MA and by a descending trendline resistence
3- We might see a retracement to fill in the daily gap left on Friday
Not a financial advice, just personal opinion. Do your own due diligence and good luck!
Poseidon Dynamic Cannabis ETF $PSDN - BUY NOW - MSOgang#StatesReformAct FEDERALIZATION Bill in Congress. Cannabis legalization is BiPartisan. $PSDN has the best $MSOS advisors lined up to make great investing decisions in the ever growing cannabis sector.
The US sector is on fire. Women & minority leaders will be sought. Diversity is great for business. $PSDN & $KERN. Recommend.
Compliance Data SOFTWARE. #thegem (no shipping hassles)
US Cannabis Council Board Chair, Akerna CEO, Jessica Billingsley. $KERN
GL #cannabiscommunity #valueinvesting
FINALLY WINNING! Jobs & Justice
SNDL Repurchase Program Sundial announced last week a share repurchase program!
Program will commence on November 19, 2021 and expire on November 19, 2022.
Sundial Growers can purchase a maximum of 102.8 million shares, representing approximately 5% of the company's issued and outstanding shares.
Last month, Sundial announced the purchase of retail company Alcanna, which operates 171 liquor stores in Canada!
Average Volume: 99,022,325
Yesterday`s Volume: 360,765,136
My short term price target is the 1.6usd resistance.
Long term, SNDL can go to $4.
Looking forward to read your opinion about it.
$MSOS AdvisorShares - US Cannabis ETF - BreakoutON VOLUME. Volume precedes price. A move without volume is suspect (see #shib).
States Reform Act on Monday should be a headliner for sure. Lot's of legislation to look forward to.
#cannabisreform
#thegem
Jobs & Justice
Akerna $KERN has the data. Enterprise Solutions, Compliance SOFTWARE
CEO Jessica Billingsley is Chair of USCC, United States Cannabis Council.
$ITHUF $GNLN $GPRO $FCEL $PLUG $GM $VIXY US5Y UP. Large cap #stonks & #cryptocrash to #cannabisreform
The future.
Long Term Buy on HITIAs many of you already know, I've been bullish on HITI for quite some time, waiting for the right entry. This is one of my favorite cannabis stocks, and I'm bullish the cannabis sector overall. This may not be a quick play; I'm expecting to hold my cannabis stocks for quite some time.
On the daily chart, HITI made some lower lows, while the RSI made higher highs. This divergence is nice, but not enough for me to enter.
On the hourly chart, we saw the asset hold this support line after an upward move on November 8th. In addition, price was above the 50SMA on the daily chart. I entered at end of day on November 8th.
By the end of the week, HITI was up testing the 200 period SMA. If we break north of this line, I will continue adding to my position to build it.
Simpcoin Collapse - Crypto to Cannabis - Value InvestingEpic Economics. Rising Rates annihilate crypto. The US5Y on to new highs. Cool. Value investing is a thing after all.
Congrats JPow.
#cannabisreform
#metaverse
The Future
Akerna $KERN has the compliance data SOFTWARE (record revenues announced Q3).
GL
Sundial Growers (NASDAQ: $SNDL) Could See High Times In 2022 🌿Sundial Growers Inc. engages in production and marketing of cannabis products for the adult-use market in Canada. It produces and distributes inhalable products, such as flower, pre-rolls, and vapes. The company offers its products under the Top Leaf, Sundial Cannabis, Palmetto, and Grasslands brands. Sundial Growers Inc. was incorporated in 2006 and is headquartered in Calgary, Canada.
DN Delta 9 Cannabis ready to fly "high"Welcome to my DN Delta 9 Cannabis Analysis :)
This analysis shows two situations, once a Bearish Harmonic pattern and a Bullish Navarro 200.
The Bearish pattern would still have two targets Open:
0.215 CAD
0.070 CAD
If these targets are reached, I expect at the latest from 0.060 CAD with a very strong impulsive rise (possibly with a short squeeze by closing the short positions).
However, since a bullish pattern has already formed, the price could already rise now, the targets are the green price masks in the respective target areas.
Since this pattern can go even deeper, two more Varrianten projected in purple and gray, the corresponding price targets are in the corresponding colors in the target areas.
Point D Purple = 0.345
Point D Gray = 0.230
The massive pull back point is calculated from the Maximum Short Target, as from the intersection of a Bullish Start and Bearish Target Wolf's Mouth line ;)
If you liked this idea, I would appreciate a click on the Like button ;)
If you have any questions, suggestions or a different opinion, don't be afraid to use the comment function.
Thanks a lot
Disclaimer:
Please keep in mind that this is a pure analysis and only reflects what my eye shows me ;)
This analysis is for informational purposes only and is scientific in nature.
This analysis is not based on any fundamental data!
This analysis is not an investment advice and should not be considered as a buy, sell or hold signal.
Always do your own research before investing and seek the advice of a qualified person.
I am not an investment advisor or similar and do not make any investment recommendation here.
Opportunities on the weed sector | CRONCronos Group, Inc. engages in the production and distribution of cannabis. Today we will take a look at the chart, and we will define what's the scenario we are waiting for before trading.
Between 4 to 5 dollars we can see a support level that has been working since 2018. That means that we are in an interesting situation regarding a historical low from where we observed MAJOR bullish movements starting from here.
But what is the plan for this? As always, my answer comes from observing past behavior, and in this case, what I can see is that in the previous 2 scenarios we had clear Flag patterns corrections before the big event.
So the plan is straightforward: I want to observe a flag pattern or any type of correction with similar size and duration before thinking about risking 1 dollar on this stock. An important aspect when you trade like this is that you can not force the market to provide opportunities, the only thing you can do is get ready for when the market decides to make the formation you want to see. PATIENCE AND PATIENCE
The place where I expect to start observing the flat pattern formation is around 8.20 that's the zone where the short-term bullish impulse found a minor resistance and the consolidation started in previous scenarios. (This may be useful for short term traders)
Thanks for reading! Feel free to add any idea regarding the Cannabis sector or views about this chart.
TOKE at acceptable levels to start buyingTOKE is an ETF that seeks to generate capital gains by investing in companies that have exposure to the broad cannabis industry. Since the start of the year the ETF's price has declined steadily from highs of around $26 to about $13 currently. The drop in price has bought the shares into a range of reasonable value considering the relative youth of the legal cannabis industry and the size of the companies this ETF holds. Long term cannabis products have significant growth potential and is only a matter of time before it is legalized and its use normalized across most societies. As long as price stays below $15 I believe it is a good time to start increasing exposure to this industry that has long-term growth potential.
*Not a recommendation to buy or sell*