Dear Traders, Let's have a look at TGOD. Price dropped like a dead mouse before, but TGOD did create a nice bounce which I predicted in my previous TGOD TA. Now the question is will it create another run, or will it drop to a lower low. Looking at the chart and the indicators there is more reason for it to drop then to break out if i'm being really honest here....
Dear Traders, For those who want to make a nice gain with a short position, you found your target! Hexo announced in the papers that there will be delays due to a lack of inventory. In other words = they have a shortage of product = Bearish News! Friday shows a red candle going through the 100 Moving Average (6.24C$) meaning support didn't hold, and the next...
Dear Traders, As we can see on the chart, Organigram's Bears were in control. Bulls did form some kind of Buy Area, located around 5.18C$, the 200 moving average indicator. A comeback into the buy zone wouldn't shock me, just to shake out those last bear hands, and to head up higher? Or will the bulls fail to take control and the price will drop under...
Dear Traders, Medipharm is looking like some sweet honey on a goat cheese cracker! They announced some pretty nice things this month, they obtained their License and the day after they announce a Partnership with Supreme Cannabis! They will make sure Medipharm is equipped with the best High Grade Cannabis you can get to let medipharm create High Grade CBD Oils...
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...
Dear Traders, Let's have a look at Medipharm. MediPharm Labs Corp . (TSXV:LABS) is a leading B2B Canadian cannabis extractor, producing purified pharma-grade cannabis oil and concentrates for the development of cannabinoid derived products. As part of their B2B model, MediPharm Labs supplies raw materials, formulations, processing and packaging for...
Dear Traders, I've been fan of Kalytera for quite some while due to their future potential. Kalytera Therapeutics Inc is engaged in the development of a next generation of cannabinoid therapeutics. The company is developing CBD formulations and prodrugs to target specific disease sites within the body. This Company develops cannabinoid (CBD) therapeutics for a...
Dear Traders, We finally see some movement on KALY yesterday, this stock was forming a huge bullish divergence and I was just waiting for spike in volume to confirm this, and here it is. Im expecting Kaly to make a nice run due to good news and also due to the longterm potential this stock offers. I'm in at 0.110 and another entry at 0.095 to average down. Let's...
Dear Traders, As we can see GTEC had to retrace after it's run, and the time for a reversal as arrived. We can see a bullish divergence forming on the RSI and MACD Histogram. Let's see what the bulls will do this week. A push towards the yellow line (100 ema) would be very nice !)
Dear Traders, Looking at TGOD, which got a huge hit. it went down from 10.24C$ to under 4C$. A reversal should come at one point and I think that this might just be that point. I see a bullish divergence on my 1hr chart, with a lower low price wise, but a higher high in my RSI. And my MACD Histogram shows me that the bulls are taking back control slowly. Keep...
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, 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, Last week Integrated Cannabis Company announced the completion of a Letter Agreement to collaborate on X-SPRAYSTM products for the Canadian market with a Canadian License Producer under Health Canada's Access to Cannabis for Medical Purposes Regulations, GTEC Holdings Ltd. Friday the company's stock saw its most active day since going public and...