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Canopy

If you want to invest into cannabis? You might like Sunniva! The cannabis sector is like the dotcom or the tech boom that went from explosion to implosion. Now it starts to get interesting in the new market. The extreme speculative and euphoric time is over and now it begins the value pricing. I guess there will be one more leg down and then the blood is all over and real investing begins. Companies like Aurora, Canopy or Aphria had their times and other players will start to attract investors money. And in my opinion it is time to start looking at a company that is called Sunniva Inc SNNVF. They are close to finish phase 1 on their California Cannabis Campus and they already have a signed contract to deliver 45.000 kg of Cannabis to Canopy Growth in 2019. They just started selling in Cali and as you might know, this will be the biggest market for the medical and recreational products in the world. I took my first position in the 2.30s and planing to accumulate more when it dips into the 2.50 area, if this might ever happen again. But this will be a mega growth story cause they missed the whole ride in 2018. They had their IPO when the bubble was already so overextended and they just jumped up to around 16$ from 7.50$ within a few days and then started to fall like a rock. Also they are not listed on a major us exchange and that makes them a not much recognized player. This will be the biggest story to come in 2019 like Tilray had in 2018. Sunniva has only around 45 Million shares and that will cause a hell of a ride when people really start to realize what it is all about with this company. www.sunniva.com Just my opinion so make your own research And like always Mai the markets be with you
OTC:SNNVFLong
by derfreietrader
SMOKE BUBBLE ABOUT TO BEGIN?Beeing smart money has never been so obvious as with weed. I was traveling in canada and north america a couple of years ago and I noticed that a lot of "normal people" had stuff to roll a joint at home and the first non medical shops for weed were opening. It was so obvious that it was the right moment to put some money there. If we look at canopy is actually heavily correcting. In the log chart is approaching the support of the channel growth (show later). I don't think that it will hold also considering the bearish context of the stock market. The break of the trend could represent the bear trap that we want to see before the true beginn of the bubble. Let see in a couple of month were is the situation but it could be again time to the take a couple drags. BIO
CLong
by FerdiHodler
Canopy Growth Strategic Extract Supply Agreement With Medipharm!Dear Traders, LABS got Halted pending on news, and what a news release! I was waiting for Medipharm to release some news and we finally got some! ''Under the 18-month agreement, MediPharm will supply up to 900kg of cannabis extract for sale to Canopy Growth and its subsidiaries. Canopy Growth has committed to purchasing a minimum of 450kg with an option to purchase an additional 450kg.'' Now let's see how this plays off! 0.5 fib level resistance is at 1.88 C$ so if we have enough momentum, bulls could try to breakout to that price range!
LLong
by Raw_Blitz
Will Canopy Growth (TSX:WEED) Give Us an Early Christmas Gift?Like many stocks on the TSX, Canopy Growth Corporation has had a choppy November. The wild swings make for some very fun trading, but quite a bit of risk if you're not interested in holding bags. Here are four trades picked up by our AllTradeSignals Volume Pressure Gauge over the past couple of weeks: Trade #1 - 40% gain in 8 days Trade #2 - 2.5% gain in 30 minutes (!) Trade #3 - 8.5% gain in 20 hours (!) Trade #4 - ... where will we end up? Although 50% in gains in 3 trades is already a solid November... where will trade #4 take us? For me, I'm all for setting a tight stop loss on this one. No looser than -5% should keep us safe for any immediate swings. What do you think? Interested in the AllTradeSignals Volume Pressure Gauge ? Get in touch with us here on TradingView!
TSX:WEEDLong
by BlockLevels
ACB - What's next for Aurora?Dear Traders, ACB has been showing ups and downs the last couple of days. Earnings showed growth but a lot of investors were skeptical and that was seen in the price action. First I'd like to start about the vol indicator on this Chart. It shows a potential Curve, which would mean that we in exactly at the lowest point of the curve, low volume, not a lot of buying power, but not a lot of selling power either. On the chart you see that i've drawn a big green line, that represents the bull's breakout line. if the bulls manage to push it above that line it could create a potential run to a higher resistance point, which, if that was the case, the bulls would have to break the resistance at our 55 day moving average (55 MA) located at 8.86C$, if they succeed, price action would likely go to around 9.25C$ (100 MA) and 10.58C$ after that (200 MA). The other scenario is me thinking about that Curve previously discussed. If we were indeed at the lowest point, that means votality would be low. One thing I do know is that price drops faster than it goes up. So keeping that in mind, ACB could also drop lower. Our Support are is located around 7.93C$. Bulls need to manage to keep the price above it in order to stay bullish. If they fail, we might see a drop to around 7.24C$. Let's see how this will playout on Monday. Keep your eyes on the charts! If you have any questions or any thoughts, feel free send me a PM or to comment on this TA! If you'd like to join my Discord Channel to talk about stocks, share knowledge and have a laugh then please send me a PM so that I can link you to it! Take care!
TSX:ACB
by Raw_Blitz
Namaste - Bulls are in control again ?Dear Traders, Namaste CEO gave a live interview yesterday evening during which he shared his future plans and vision for the company and it all sounded very promising. Looking at the chart of Namaste, I can see a bullish divergence which occurred when the stock reversed. The price action is now above the 100 ma (which is now support) and under the 200 ma (which is our resistance line). Let's see how the bulls will do today but i'm definitely keeping my eyes on this stock today.
NLong
by Raw_Blitz
CGC Stock Jumped 7.68% Yesterday Nov 6, 2018, Why?What is the News Catalyst that is Causing Canopy Growth Corp Stock (CGC) to Move up the Charts So Rapidly? The catalytic news that could’ve catapulted Canopy Growth (NYSE: CGC) stock has finally come and has catapulted the stock to a whopping 7.68% gain today November 6, 2018 1:34pm, ET. As a result of this catalytic news CGC looks like it is heading toward 55.91 and possibly higher (55.71, 56.56, and 57.41 are possible targets) before a reversal becomes inevitable. In fact, $71.90 per share is the next target that is possible if the stock continues its hyperbolic move up the charts. This price target however, may take a little longer to achieve simply because CGC holders like to take profits when the time is right. So, there could be a profit-taking time that presents itself way before the $71.90 per share price point is reached. In fact, there are a few price points that could appear above the $57.41 price level. They are $69.35, $70.02, and $71.05. In fact, those prices are not at all arbitrary, they have some credence behind them. Our trading strategy has a very high level of reliability. There could be many price levels above our original support zone of $36.71. Therefore, we would buy the stock if it gets to $36.71 and sell it when it gets to our hypothesized support zone of 44.88 or anywhere close. In past analysis, we have noted that point. Click here to see the entire article. Disclaimer: (c) Mstardom, Inc., Mstardom Finance does not provide investment advice.
CLong
by mstardom
1
A Brief Summary of the Overall Outlook of CGC StockCGC will reverse its downward trend when the price gets to about $27 per share; this is when it will reverse back toward its mean of around $28 per share. The stock will remain here for a while until there is a positive news catalyst that will catapult the stock back up toward the $40 area where it will stay for a day before it begins its downward trend back toward its weekly moving average of $28 per share. At the present time, investors who bought into the Canadian legalization rumor/hype are now taking profits and will eventually buy back the stock when it gets to the $27 price level. These inferences were devised by employing the Mstardom Finance proprietary trading strategy.
C
by mstardom
HEXO - Reversal Coming ?Dear Traders, As we've seen HEXO didn't manage to break out and create a run, which isn't a big deal because I only would have entered a trade if I had more confirmation such as Volume and Momentum. Instead, we got a retracement, which is about to reverse in my opinion. Have a look at the chart, as we can see we have a lower low price wise (RED ARROW) but in the RSI we are looking at a higher low (GREEN ARROW). This is a Bullish Divergence and this could give us an indication that this downtrend is about to reverse to an uptrend. HEXO is a well established company and they're future is bright. The Bullish Divergence isn't the only thing I see on the chart, I also see that we have some support trace by a horizontal red line. This might just be a perfect entry to enjoy a reversal run. This run will encounter Resistance points at: 6.83$ / 7.00$ / 7.37$ Keep an eye on the charts on monday, this could be a nice little rid if the bulls are pushing enough. Any Thoughts?
TSX:TLRYLong
by Raw_Blitz
2
KUSHCO - Bullish Channel - Bounce off?Dear Traders, Kushco is oversold on the hourly chart and this could create a bounce off (which is already slightly did), but with the fact that a bullish divergence is luring in the MACD Histogram, this could become the start of a rally towards the higher level of this Bullish channel . I did zoom out before starting this TA, and on the weekly, I see lower highs, but also higher lows. So it's a bit twisted. While zooming in I see a dropping RSI (lower highs) but that divergence could make this stock go up by monday. Keep an eye on the Charts! Any thoughts? Feel free to join my new Discord Channel if you interested in talking to me and others about stocks, info and of course opportunities! Sned me a PM for channel link. LAST NEWS: ''One that might be worth considering is KushCo Holdings (NASDAQOTH: KSHB 0.55% ), a marijuana supplies company. KushCo markets marijuana packaging and other ancillary supplies in the U.S., Canada, and elsewhere. Because packaging is highly regulated, this company has been able to carve out an important niche. Last quarter, its sales jumped 173% year over year to $12.9 million, but because of spending growth, it reported a net loss of $2.17 million in the period. The company's $400 million market cap means it isn't a cheap stock on traditional valuation metrics, but if it can keep itself at the forefront of its market and sales in California, Canada, Colorado, and elsewhere continue climbing, then it could be worth tucking away in long-term growth portfolios. ''
KLong
by Raw_Blitz
WEED - Bearish DivergenceDear Traders, As we can see WEED managed to make a nice run, but as I said yesterday, better not enter because this is a time bomb. And guess what happened. It dropped, and in my opinion it's not ready to go up for some time. This bearish divergence happens when we have a new high, but RSI shows us a lower high. It's time for a big retracement people. Any thoughts ? Feel free to join my new Discord Channel if you interested in talking to me and others about stocks, info and of course opportunities! discord.gg
TSX:WEEDShort
by Raw_Blitz
2
ACB - Showing Bearish Divergence !Dear Traders, ACB had another run yesterday at the opening but as predicted a huge sell off happened. I hope you followed my advice to not enter any trades yesterday. We can see that ACB shows us a Bearish Divergence on the weekly chart. We got higher highs, but the RSI peaks showed us lower highs. Bulls are exhausted and we are now entering a consolidation period. Any thoughts ? Feel free to join my new Discord Channel if you interested in talking to me and others about stocks, info and of course opportunities! discord.gg
TSX:ACBShort
by Raw_Blitz
18
CREE - Keep your eyes on this sleeping monsterDear Traders, Bears were in control for a while but not anymore. Bulls managed to push this baby quite a bit and now it's time to see how powerful those bulls are. Is this stock going to pierce through the 200 ema ? RSI is overbought but this is normal which such a run, daily RSI looks sweet. Let's keep an eye on this one. If the bulls manage to break the 200 ema, we will see a run. Any thoughts? Feel free to join my new Discord Channel if you interested in talking to me and others about stocks, info and of course opportunities! discord.gg
C
by Raw_Blitz
TGOD - Bearish ChannelDear Traders, As we've seen before, my Support line didn't hold and TGOD's price broke underneath it creating a newer low. Even with the great news, TGOD received the 16th of October, the bears are still in control, But for how long? The bulls have to pierce upwards from this channel in order to show that they are back in business. Until then, TGOD's price will continue to drop. If the bulls succeed in breaking upwards, or next resistance points are: 5.83C$ (55 ema, and also our 0.5 fib level) 6.17C$ (100 ema) 6.96C$ which is the 200 ema. Let's see how the bulls will do this week. Any thoughts? Feel free to join my new Discord Channel if you interested in talking to me and others about stocks, info and of course opportunities! discord.gg
T
by Raw_Blitz
9
Aurora - How far can this go before a drop ?Dear Traders, The Cannabis industry has been exploding prior to the 17th of October, ACB is one of the stocks that is going up fast! But how long can this go on ? RSI is overbought on each frame, and macd is going to cross downwards also. PLEASE BE CAREFUL FOR A MASSIVE BEARISH SELL-OFF ! I'm not saying this will happen, but the reason why I say this is because of experience.. Buy The Rumor, Sell The News. Tomorrow is news day. Just be careful. Best thing to do is, if you haven't entered into ACB, WEED or any other booming stock, don't. Wait for a retracement and buy the dip.
TSX:ACB
by Raw_Blitz
1
WEED - How High Can It Go ?Dear Traders, Like ACB, WEED had a great run yesterday and a lot of traders have been able to make good gains! The question everyone is asking now is, how far will this go ??? Well that's a pretty difficult question o answer because this stock could retrace any time, but it could also pop up another 5% before starting a retracement. My trading strategy here will be to wait out the sprint, it's too late to enter again in my opinion. I don't want to be left with a huge bag bought way too high. One the Cannabis stock have retraced i'll load up my bags with a lot of shares. Any Thoughts ?
TSX:WEED
by Raw_Blitz
3
Trulieve - Bears are in controlDear Traders, Trulieve enjoyed a small 4% run after it broke out of the triangle, after this a lot of selling pressure occurred, as this stock is quite new on the market, we can't tell much yet. For example, there is still no 55 ema showing, no 100 ema and also no 200ema. Once these indicators will show up we will be abel to tell more about trulieve price action and most importantly, trulieve's future! Any thoughts? Feel free to join my new Discord Channel if you interested in talking to me and others about stocks, info and of course opportunities! discord.gg Thanks !
OTC:TCNNFShort
by Raw_Blitz