WEED STOCK THOUGHTS! HEXO, ACB, APHAHey everyone! Here with a video on some Cannabis Stocks I've been checking out. (THIS VIDEO, HEXO, APHA, ACB)
Day time frame: Most of the cannabis stocks are looking very similar.
-completed Market Cycle
-Down 80-100%
-lower MA's have crossed north, or are close to crossing 200MA in Bullish form
IMO these are looking like great places to invest if you wish to do so. I am no financial advisor, just a trader sharing my thoughts and ideas!
PLEASE LIKE COMMENT AND FOLLOW!
AND REMEMBER, DON'T CHASE IT, RETRACE IT!
Greenstocks
Fusion Fuel Cell, in a good entry pointAlmost 50% below the January peak.
It has fallen steeply since the end of January.
The Stochastic and RSI have been near the oversold point for a few days.
It had a strong capital flight since February.
Will it be close to bottoming out?
I doubt that it will fall beyond 10 dollars, being a company in a growing sector it can be a good entry point.
In addition, it follows an almost perfect correlation with the RSI and the OBV, at any moment they will rise again.
NASDAQ:HTOO
$NEL Hydrogen testing breakout from short term downtrendNEL has become a trader favourite with recent volatility after Nikola was hit by short seller report.
Hourly 20 EMA breaking above 100 EMA, often seen as a promising momentum shift indicator.
NEL needs to break above support/resistance at about 18 and consolidate to regain a bullish sentiment in the short term.
Todays top 20 list show that the Clearstream crowd are still buying NEL stock like hot cakes, reducing fear that main investors would be dissuaded by recent price movements