KushCo Ascending Wedge? Potential 45% return on the way $KSHBAt this moment, KushCo sits at $1.43. Right now, it's at a pivotal moment on whether it will find support in this ascending wedge, or it will fall to the previous all-time-low with the chance of going lower. On the two day, the trend was repelled down by the 50-day moving average, and it sunk underneath the 20-day. If it rises to the top of the wedge (~$2.08), traders could potentially make 45% if bought now. Stoploss recommended.
This is not trading advice. Use with a grain of salt like you should with all trading.
KSHB
KSHB (Kush Bottle) is Packaged for Entry for Nov. Sales GrowthKSHB (Kush Bottle, CA-USA HQ) is showing strong entry on Friday pushing towards a resistance area and great entry zone.
Kush is the primary supplier with labeling and packaging approvals for cannabis industry. Up +6.65% on 8.24.18. after
downward cup and handle Feb-June. Packaging sales should start to impact bottom line for Q4 stock with early
orders. Kush also announced last week entry into chemicals sector for CBD Oil extraction and flavoring.
I can put a bow on this packaging chart, but you'll need to fill the box yourself. Sending <3
Cannabis viewers should also understand in a bear market vice stocks sell really well, so packaging for vice products is a good
place if you don't want direct risk in any one stock.
I'm long and see this over 6.25 by Dec. with entry in low 4's earlier than signals showed.
Stock charting is advised you come to own conclusions and decide own risks.
Sold $5.58 Yesterday for 3% loss. Re-Entering TomorrowRisky swing trade, but I think this reaction is just panic selling from the news yesterday. A lot of people are holding a bag right now, so when the news hit they freaked out. A lot of new traders attracted to weed stocks. It was also hovering around $3.00 before they made all those acquisitions
The volume was unspectacular relatively speaking. Funds have already unloaded a lot of stock at this point, which you can see on the two big volume days that happened just recently -- one day for 30 million, the other 20 million.
Like the risk reward. I may hold, but if I'm up nicely, I might sell too. Depends on a lot of factors whether I hold.
Buying the dip or the open depending on the price action. Will be scaling into my position nonetheless. If it closes strong, I'll fill. No buy half this time, filling the whole thing today
MJNA- BUY THIS DIPYesterday I said that we might see a bit of a dip after the massive gains that MJNA saw.
This mornings rally up to 0.27 and the consequential dip to what is now hovering around 0.16-0.18 could be an excellent entry point into this stock.
I hope I'm right that these are just either weak hands panic selling or folks talking profit. I don't think we go much lower.
I predict we'll close today between 0.17 and 0.19.
KSHB: SELL THE BREAKDOWNKSHB seems in an overestended condition. It has the potential for one more wave up, but i'm looking for the wave down. Selling the breakdown seems a good idea
