HEXO BUY (HEXO CORP)Hi there. Price is forming a continuation pattern to the upside. Watch strong price action at the current levels for buy.
HEXO
CANNABIS SHARES - Catching up after under-performanceA quick comparison of major cannabis shares shows a switch from under to out-performance in vs. the S&P 500 and the TSX
$HEXO is losing its spot on the S&P/TSX Index....Help or Hurt??HEXO road the 50MA all day today
Just crossed the 9MA and about to
cross the 20MA...does this mean
we are about to see a breakout??
What we can say is that the rest of the
MJ Stock Index is also in the same START
position!
Is this a "CALL" to action??
$HEXO Earnings are very POSITIVE!Do you see what we see?
Trends are trends...
But Flags are Golden....
Now which way??
Revenues up 30%
Gross margins at 40% (which is excellent)
Operating Expenses DOWN
Expanded Partnership with Molson Coors to
explore US CBD in CO.....
All we can say is that when Revenues go up 30%
from Quarter to Quarter...
ya that is a positive for this stock!
HEXO weekly reversalHello traders,
Marijuana stocks are gaining significant traction in past few days, as weekly pullback is taking place. The volume has been above average since last few days which means investors are starting to accumulate.
HEXO might be able to go around $1.60 before the earning. Long term target is around $3.
HEXO: Penny stock that looks promising to meDowntrend line broken on increasing volume. No new low on the last cycle down on the daily chart.
Yahoo Fincace: HEXO Corp., through its subsidiaries, produces, markets, and sells cannabis in Canada. It offers dried cannabis under the Time of Day and H2 lines; Elixir, a cannabis oil sublingual mist product line; and Decarb, an activated fine-milled cannabis powder product. The company offers its adult-use and medical products under the HEXO brand name. HEXO Corp. is headquartered in Gatineau, Canada.
website: www.hexocorp.com
Volume, BB, 200 EMAs, and recent PR, I like it Volume Spike
Gap to Fill Around $3
200 EMA Above
Passed Working Capital Test
Passed Acid Ratio Test
Recent PR
BBs Squeezed Now Popping
$HEXO BULLISH ON ALL FRONTS!From Light of the 5th Moon.....
Earnings around the corner from that!
A license to SELL RETAIL from HEALTH CAN!
Many many things are coming together
4HEXO it has been a long road, some of the greatest challenges
are about to be overcome....
$HEXO Could be ready to move up!We have been watching and trading MJ for a while and HEXO could be setup for a little CALL action.....
HEXO BUY (HEXO CORP)Hi there. Price is forming a reversal pattern to change its direction. Watch strong price action at the current price for buy.
HEXOrequest. is the bottom finally in? with the NYSE warning notice and the very low price, will insider investors start loading up?
TLRY 50? ESCAPING THE INELASTIC CHOKE FUTURE OF CANNABISGood evening Trading viewers,
I present to you my second analysis on weed stocks. Is it a voodoo or a complex set of modelers in background or a mystic play of my mind.
The infinity governance of time and space has played in part lower single digits.
The axiom quantification of price says tlry $50, is it possible?!!!
Stop loss 1$. We will see, maybe i am right or maybe i am wrong.
Three years from now we will see and ponder about magnification of the ideas.
Let the game begin
HEXO CORP / Ending DiagonalBullish Ending Diagonal.
HEXO Corp. creates and distributes cannabis products. The Company offers cannabis peppermint oil, sub-lingual sprays, marijuana powder, dried flowers, and intimate oil. HEXO serves cannabis market worldwide.
We are not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature,
and are therefore are unqualified to give investment recommendations.
Always do your own research and consult with a licensed investment professional before investing.
This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
Is Hexo trading in another descending triangle / bear flag?I am dubious as to why Hexo doesn't have cannabis beverages on shelves in Quebec where "only" Hash & Cannabis Beverages are allowed as 2.0 products, or elsewhere in Canada when they have a Alcohol company like Molson backing them & involved in a JV via Truss?
I just don't see why this pattern would play out bullishly when the company is diluting shareholders & raising money below the trading price?
Does Hexo have a trick up their sleeve that will surprise the market besides overpaying for the Newstrike Brands buyout & growing unlicensed Cannabis, I think so, but it's not a surprise for the Hopium addicts, be prepared for more disappointment as Hexo slowly bleeds into the penny stock range where they started & belong!
The 200 Day MA doesn't want to let Hexo break above it, very note worthy as the RSI looks like a H&S & Hexo has created nothing but lower lows since my previous chart linked to this one.
$HEXO Looking To Break Out Of The Downtrend$HEXO is bumping up against the long-term downtrend line since last May. We believe that the cannabis bear market from 2019 is over and we are witnessing names like $CGC seeing a nice bounce off the bottom. $HEXO is one that could really get going considering its low share price and 12.68% of the float being short.
HEXO Corp is an award-winning consumer packaged goods cannabis company that creates and distributes innovative products to serve the global cannabis market. Through its hub and spoke business strategy, HEXO Corp is partnering with Fortune 500 companies, bringing its brand value, cannabinoid isolation technology, licensed infrastructure and regulatory expertise to established companies, leveraging their distribution networks and capacity. The Company serves the Canadian adult-use markets under its HEXO Cannabis, Up Cannabis and Original Stash brands, and the medical market under HEXO medical cannabis.
As always, trade with caution and use protective stops.
Good luck to all!
