Consumerdefensive
TNY Updated Chart.It appears as though TNY has broken out of a descending triangle & through some short term resistance that's been holding the sp down since September 25th.
It would be nice to see Tny form a support at the 50c level & not drop below it. Also, TNY is trading above the MA (9,close) which is bullish. We just need to get the fuck back up to that 200 Day MA. That will really change the trend. We don't want to simply create a lower high, and it would be ideal not to break below 46c.
Time will tell per usual
TNY Updated Chart.It appears as though tny may be trading in a ascending triangle. It's clearly noticable on the rsi as well.
The 30-45 day estimated time frame for Tinley's two canadian LP's is fast approaching. Sunday would be 30 days from the previous news release. A Friday or Monday news release would be likely & timely for some sort of announcement in regards to this topic. Anything else like LBF licensing early or a new product would be left field & unexpected at the moment.
It's worth mentioning that Tinley will be utilizing the standard operating procedures, blueprints and other IP gained during the buildout of their own facility to help its prospective Canadian partners with their own bottling plant buildouts.
In other words, the several years of design, engineering and construction work, enabled by learnings from the real-world sales and market experience that Tinley has gained as a Company through their Phase 1 and Phase 2 facilities, will be given to these two Canadian LP's under some sort of agreement beneficial to both parities.
“With a first-class production and sales team in place, Tinley is well-positioned to help third-party CPG and lifestyle brand owners extend their offer into the growing cannabis beverage market, in the same manner as our team has done for over 100 such brands globally in the cola and wider beverage industry,”
said Ted Zittell, director of the Company.
Time will tell per usual.
TNY Update. RSI is low on a 1 year chart.This is the same chart as my previous, just zoomed out on a 1 year time frame to give a better Macro picture.
What appeared to be a descending triangle on a smaller time frame in the chart linked to this post, still visible on the 1 year chart as well, was exactly that.
Now it appears TNY is getting ready to break through this "potential" Ascending Triangle & create a new higher low! Some news would help, and these are "some" of the "potential" news releases to be expected in the upcoming days, weeks or months ahead.
-LB Licensing
-Nevada Partnership
-Phase 2 equipment moving to Nevada
-Co-packing Clients (2 done, 6 in negotiation, and likely more coming)
-Expansion of LB with new bottling lines because of too many co-packing clients
-Canadian LP partners
Time will tell per usual.
BABA is cheap - below all analysts targetsTechnical analysis (daily chart)
RSI(10) @62
OBV on steady uptrend along with the RSI
CCI(10) @100
MACD > MACDsignal
Fundamental analysis
BABA is a buy right now @$177. Well below analyst price average targets of $225. (Over 25%)
Fair value Morningstar note
Our fair value estimate is $240 per ADS incorporates management's full-year fiscal 2020 outlook calling for over CNY 500 billion in revenue (representing 33% growth year over year).
* Meaning... If they achieve this growth, the price target will make sense.
Good luck!
dorfmanmaster
Buying Opportunity On WatchTo see full idea from ST follow me on Tradingview...HBI is undervalued and has been a 5* Stock on MorningStar for some time now, well below their 5* price of 19.25.
3.65 % div yield; and 61% undervalued using DYT; 38.6% margin of safety using DCF.
PE is 11.02, 52% less than industry and 80% less than 5 year PE.
HBI has been in downtrend since 2015, but has already bounced off 10 yr demand line once. While revenue and profits have increased YoY so has debt which is holding it down. Keep an eye on that- as soon as it starts to stabilize/ decrease the SP will go up.