Dear Traders, Aurora Cannabis Appears Headed to the New York Stock Exchange! This news came out yesterday just before the closing of the market. And as we can see ACB's price broke out like we hoped it would, this is the kind of news we needed to get to a new ATH. Read more about the news here: www.newcannabisventures.com Another thing to keep in mind is that...
Dear Traders, Today I'm having a look at APH, As we can see we had a retracement going on for a week, and it's price now hit the 200 EMA on the 4H chart. this happened before and it created a nice bounce. The question is, will this support level hold again? My guess? Yes. Look at that continuing BUllish divergence in the MACD, this shows us something will happen...
Dear Traders, ICNA had a new run and retraced a little bit before finding support at the 55 ema (which was expected). I traced a red support line and a green resistance line which will help us figure out when a breakout upwards or downwards will occur. Right now our price as bounced off the 55 ema, with a volume that is building up, this could mean we will see a...
Dear Traders, This stock got me exciting 2 days ago, and to see it run as it did is just great. I do think its time for a small retracement but overall feeling is bullish.
Dear Traders, We don't have enough data to predict what so ever, for now, the only thing we can do is draw the lines and see how this will evolve over time. There is a lot of hype around this stock so anything could happen. About Trulieve Cannabis Corp (TCNNF) : Trulieve Cannabis Corp. operates as a holding company. The Company, through its subsidiaries,...
Dear Traders, We can see that TLRY has broken out but without big volume (which I expect, to be honest). I think most Traders/Bots are waiting for the MACD to cross upwards signal before creating another run-up. Let's see how this plays out. If you enter, don't forget your stop loss. About TILRAY: Tilray, Inc. engages in the research, cultivation, production,...
Dear Traders, As we can see KALY is retracing, the idea is to find our next entry point. Have a look at the green circle, that 50 fib level might be our point of interest. About Kalytera Therapeutics Kalytera Therapeutics, Inc. ("Kalytera") is pioneering the development of a next generation of cannabinoid therapeutics. Through its proven leadership, drug...
Dear Traders, ABBVIE looks to be on the edge for a breakout, the MACD shows a Bullish Hidden Divergence which backs-up my LONG position. Any thoughts ? About Abbvie: AbbVie, Inc. is a research-based biopharmaceutical company, which engages in the discovery, development, manufacture and sale of a line of proprietary pharmaceutical products. It is focused on...
Dear Traders, GWPH, also known as GGW Pharmaceuticals plc (GWPH), has been following its bullish Channel pretty well. Thos I don't really know if im Bullish or Berish for now. We have good volume, we are in a bullish channel, but we are under the 1H 55 ema (Blue line). If resistance at the 55 ema holds, we will see a bit more retracing, but if we succeed in...
Dear Traders, As we can clearly see, GTEC's price is in a bullish channel. With a Hidden DIvergence in the MACD, it could be possible we will soon see a run-up. This Hypothosys would be cancelled if we break downwards from the channel. Last News: Update on Status of Sales License and Other Operational Updates: GTEC Provides Update on Status of Sales...
Dear Traders, Looks like we enterred a second ''bearish'' tunnel, but if we succeed in breaking out of it like we did the first time we might see another run soon. But if we break downwards we will officially retracing towards the 0.5 fib level again, which held twice already so that looks like a good entry point for those who want to re-enter this trade, but...
The RSI is below 10, so the stock seems oversold, it could look like a good rubber band pattern if the price was not UNDER the 200-day MA. So is this an anomaly and the stock is going to snap back up? Or, on the contrary, is it going to go further down? What do you think?
KALY_CA (KALTF) broken out of a pennant formation today on strong volume. We think it will continue upward & Our first target is $0.40. But it can go further. * Trade Criteria * Date First Found- December 5, 2017 Pattern/Why- Pennant breakout, Momentum Play Entry Target Criteria- Pull back to $0.22 or Break of $0.27 Exit Target Criteria- $0.40 & Higher...