MSOX - Gorgeous flag
It's hard not to get excited by that daily flag. Next target is clearly 5.
I would like it to test 6 around the 200 EMA and flag there on its way to 11.
Long via commons at 3.55 with B/E stop loss
Cannibis
SNDL Analysis if it does not hold support it can drop down to 65-72. I see a bounce to at least ~$1 if it does.
Trade alert : SUNDIAL GROWERS INCEverything points up on this. Expect some big movement Mon-Tues.
Can easily get pumped to $.60+ price.
Simple message: Buy SNDL
*Indicators used*
-Zig Zag
-Pivots
-Vol
-MACD
-Super Trend V1.0
*Tools used*
-Trend Line
-Triangle
-Arc
*Like if you find useful, thanks!*
CGC Far Oversold into Earnings, Holding at SupportCGC is oversold and its sitting at strong $20 support. Heavily news driven, and as the sector leader, most likely to absorb the spike when it comes. If positive news comes near a strong earnings, likely to run to $35 near the 200 Day.
POTN: Bullish price continuation with exit levelsDescription
PotNetwork Holdings, Inc, through its subsidiary, First Capital Venture Co., engages in the research, development, and sale of hemp-derived CBD oil products. It also engages in the pre-owned auto dealership business. The company sells its products through distributors and resellers, as well as through its Website. The company was formerly known as SND Auto Group Inc. and changed its name to PotNetwork Holdings, Inc in March 2017. PotNetwork Holdings, Inc is based in Fort Lauderdale, Florida.
Website
www.potnetworkholding.com
Setup
Learned this setup from previous prop firm trader Brian Beamish twitter.com
www.therationalinvestor.com
As always, not advice - just for analysis
Here we go, all the starts are alignedFriday Sept 21 stock was halted as they got the first ever sales only license. This company is going to be the Amazon of POT.
On monday the stock will unhalt. If you daytrade you should watch this. If you invest you should buy on Monday
WEED - Double Top or New All Time Highs?We have seen some very bullish action in Cannabis stocks recently. With the Trump administration signaling less regulation and Canada legalizing it for recreational use, there seems to be nowhere to go but up.
If WEED is able to crack strong resistance here and break above to new all time highs, I think this would be an excellent entry for a long term investment.
Note that the WEED broke to the upside of a rising wedge, which is usually a bearish pattern, but in this case I think it only emphasizes how strong the bullish price action currently is.
Get on board the XXII express!If XXII fails to break previous resistance level I would get out and cut losses if you are a bull trader...bears might stick around and reap the long term benefits coming up this year. If you are a swing trader such as myself, check for that 3.20 to 3.40 if XXII breaks that previous resistance level and creates a new support by the end of the week.
