Aurora Cannabis I've never been a big fan of Aurora Cannabis to be honest. What i do like is there debt to asset is under 25%. THere set to make profit.Their Cash Flow is nice. What I do notice is they are not consistant with there money management. I would not go all in on there company but i wouldnt miss the ride either with the upcoming cannabis bull run. buy in the zone
Cannabisstocks
!!!Sundial GrowersSundial Growers is great for long term. Debt to asset fairly low just how I like. Quarter earnings on a consecutive increase!! Do Not buy early please buy in the zones. The zone is a critical area and is great to accumulate alot of shares for the short term or long term.
$POTX My Favorite Cannabis ETF to the moonThe Top Cannabis ETF is $POTX. It consist of your top favorite cannabis companies into one ETF. Companies like Tilray, Canopy Growth, Aphria, Aurora Cannabis, and more ... Cannabis took its first hit today and we need one more to buy. When they cry we buy. Set limit orders at my horizontal lines. This stock will go to the moon and is a SLEEPING GIANT!!! The Biden Adminstration will help this fly, we have upcoming news. Be patient and dont dive in all at once because of the fomo. Alot of people are trapped at the top of marijuana stocks lets buy the bottom and meet them up there. Target $100 or better this is long term
OrganiGram The dip is your friendWhen Wall Street is done dumping Organigram, I'll be buying. Be ready and buy alot for huge gains!!! have limit orders for 125 or more shares in the range of $2.75-$2.30
Why $OGI marijuana stock skyrocketed this week?On Friday, the two chambers of Virginia's General Assembly passed marijuana legalization bills. The two must be reconciled for consistency's sake; afterward, the combined version will be sent to legalization supporter Gov. Ralph Northam for his signature.
So what fueled the great enthusiasm for marijuana stocks on Monday?
it was the increasing likelihood that marijuana would be decriminalized at the federal level and thus made legal in most states.
If that occurs, Canadian weedies -- Tilray, Aphria, Aurora, HEXO, and OrganiGram are all headquartered north of our border -- will have free rein to sell their wares directly to U.S. consumers. Under current federal law, they are prohibited from doing so.
Momentum is snowballing for federal U.S. decriminalization, and Virginia's move is only the latest evidence of this. While this won't alleviate all the challenges of the marijuana industry, it will significantly improve its prospects. Pot stock investors are right to be enormously cheered by this development.
Cannabis legalization is sweeping over North America – 15 states plus Washington, D.C., have all legalized recreational marijuana over the last few years, and full legalization came to Canada in October 2018.
www.fool.com
Why $ZYNE skyrocketed this weekJazz Pharmaceuticals $JAZZ agreed to buy GW Pharmaceuticals $GWPH for $7.2 billion last wednesday sending shares of fellow epilepsy-focused biotech companies $ZYNE flying.
"The acquisition allows Jazz to become a significant epilepsy player by adding Epidiolex, which exited 2020 with sales annualizing at about $576 million despite a challenging Covid environment and ahead of significant growth driven by a tuberous sclerosis label expansion and broad European launch,"
www.investors.com
The Party Isn't Over!! $SNDL to the MOON!!! Cannabis Boom!Yessum! The party isn't over, we can still dance! Weak hands will sell but strong ones will HODL for years and reap the benefits!!
Not trading advice!
Organigram: Getting High on the own Supply! 🚬🍁Cannabis Organigram violates this important street rule, as it soars to incredible heights! No worries, this is not a one ‘hit’ wonder, but we will see its price on much higher levels from now onwards. As a next step, we expect the price to drop between $4.93 and $5.75. After that, we can roll the next one and get even higher!
Enjoy responsibly! 😉
MICROCAPS - CANNABIS - MOMENTUM/TECHNICAL - CBDD - Explosive- Cannabis is booming, ride the trend, trade the momentum
- Explosive movement ahead, looking at sector darlings like TLRY, ACB, and SNDL
- These cannabis stocks are always heavily shorted as well
- Good pennystock + cannabis play (2 Trends in 1), if you dont want to chase the big names
TP1: 0.52
TP2: 0.835
Long term: 10+ ???
Why $RKDA Skyrocketed yesterdayWhy $RKDA Skyrocketed yesterday
There does not appear to be any direct news from the company. But it seems like that there was some coordination by day traders on social media.
$RKDA shares were buoyed — thanks to discussions stock trading groups on Twitter and Twitter hashtags, before the market opened.
Hemp/Pot play, Similar to $TLRY move from $3 to $50 has monster upside once it launches.
Expect $20 + & a multi day runner
The other positive factor for the cannabis industry is the effort in Washington to decriminalize marijuana at the federal level.
Ascending Triangle breakout for TNY?TNY has found bullish support at the blue upward sloping line multiple times since April 2020, potentially forming an Ascending Triangle.
On the RSI we see a similar pattern as the price, there was a little fake-out that occurred recently but disregard that deviation.
On the DMI there's been a bullish cross.
Also, worth noting, the red downward sloping resistance that has rejected the share price consistently since Aug 2018, was broken to the upside in June 2020, and every time it's been back-tested since it has acted as support, turning old resistance into new support, inherently bullish.
One co-packing announcement or large Beckett's purchase order through Costco, Kroger/Ralphs, or BevMo! should break this ascending triangle pattern flush to the upside, time will tell.
Possibly an inverted H&S in green, with the human body icon being the head.
OGI - triangel for long.The cannabis sector is very bullish so it's hard to find a good spot to enter. On 30m chart OGI I see a good spot for LONG.
ZYNE - HUGE potential for LONGOn the W chart we have an insane HUGE triangle. And we are ready for a breakout.
Cannabis stocks very bullish so I think we will see a good gain on ZYNE this or next week.
HMMJ bullish market incoming!It's my first idea here:)
I see a good spot for LONG. All cannabis stocks are bullish now.
We have a golden Cross for HMMJ.
Buy 10.35
SL 15%
TP1 13.9
TP2 18
TLRY - Bull Flag (Etoro Portfolio)Marijuana Stock rally as Jazz Pharma agrees to buy CBD maker, we used technical analysis to find out which has entry trade signal.
Having a strong uptrend since Dec 2020, forming a bull flag and build up approx. 2 weeks.
Break out on 2 of Feb 2021, RSI and Stoch. indicators also level at above 50% as confirmation trend in bullish.
I have trade at price 18.11 (can refer to Etoro), next day price open gap jump up.
Used Fibonacci Extension to project 1.618 and 2.0 as taking profit level.
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I will be popular investor in Etoro, take a look of my portfolio and copy me to start the trading journey.
My Etoro Profile:
www.etoro.com
Etoro Registeration Link:
etoro.tw
Cannabis Index - Overbought, Looking for Retrace Before EnteringI have just closed a very profitable long on the cannabis index. This can only go up in the long run but I had to secure the profits. I am looking for this to retrace to between 0.5 and 0.618 Fibonacci before entering long again. It is very overbought on RSI across all timeframes so a correction needs to happen soon. Long term this will break all time highs (these do not show on this chart).
Tilray and Aurora Cannabis trendlinesYou can see on my mentoring sytems with zoom and tradingview two cannabis stocks. This is very good opportunity. Stoch and Rsi is overbought.
Another before the breakout. :)
ACB - best Cannabis stock for LONG.What do I expect from $ACB (Aurora Cannabis Inc) this week? ☘️☘️☘️
This big triangle is almost ready for a breakout. He was formed throughout all 2020 so it's a start of a big move.🤑
Today we are on 12.80$ price line - the same price was in Oct 2016. And we did +60% per week: from 12.70$ to 21.85$.
✅We have a bullish cannabis sector.
✅We have a golden cross on D chart.
✅We have a bullish pattern on the chart.
I think it's one of the best options on the cannabis market right now.
TLRY ( Tilray , Inc. ) ZYNE ( Zynerba Pharmaceuticals Inc ) also looks nice! but I see 🚀INSANE🚀 potential in this/next week in ACB .
Thanks.
SNDL - LONG (update)(update 1/7/20) - SNDL successfully climbed above our cyan resistance line and is now using it as support. SNDL tested the line as support once and did not break back under it. This gives us confidence that the uptrend momentum can now resume. We are now bullish!
Many possibilities exist in the world of technical analysis and ours could play out totally wrong, but we believe the odds are in our favor. If in the case SNDL goes down next week, the cyan line is of course our first major support. A break under that could trigger a sell to roughly $0.85. So keep em tight and ride the ride!
- HH
