$MSOS - USA Cannabis - Go Time - Legislation - Jobs & JusticeConstant Cannabis Shenanigans. Unless you're a SHARKNADO. It's Go Time! (maybe after another flash crash... lol). Don't worry about any of it. Low Vol. mirage!!!!
#cannabisboom2021 & beyond. The times have changed. Revenue Growth today matters. *valuation matters.
$GNLN #thegem
#gethigherstandards
Kushco
Greenlane Holdings & Kushco Holdings Merge - Amazon of WeedAncillary Business. No plant touchy. Massive 17M volume today which is over twice the 7M volume on its IPO at $17 (20x+ typical vol). Don't forget it hit $29 on its IPO day in April 2019 also. Too bad that vape lung thing was so scary and people lost their minds and sold out. lmao. Well, now the saucer is gone but it's gonna turn into a large cup. Buy it before it starts making new highs.......Watch it turn to a billion dollar business this year. Even Dutchie got the $1B valuation. lolololololoolool. Weed won. CANNABIS BOOM 2021 is underway.
Hold for decades!
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.
KUSHCO - Bullish Channel - Bounce off?Dear Traders,
Kushco is oversold on the hourly chart and this could create a bounce off (which is already slightly did), but with the fact that a bullish divergence is luring in the MACD Histogram, this could become the start of a rally towards the higher level of this Bullish channel .
I did zoom out before starting this TA, and on the weekly, I see lower highs, but also higher lows. So it's a bit twisted. While zooming in I see a dropping RSI (lower highs) but that divergence could make this stock go up by monday.
Keep an eye on the Charts!
Any thoughts?
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LAST NEWS:
''One that might be worth considering is KushCo Holdings (NASDAQOTH: KSHB 0.55% ), a marijuana supplies company.
KushCo markets marijuana packaging and other ancillary supplies in the U.S., Canada, and elsewhere. Because packaging is highly regulated, this company has been able to carve out an important niche. Last quarter, its sales jumped 173% year over year to $12.9 million, but because of spending growth, it reported a net loss of $2.17 million in the period. The company's $400 million market cap means it isn't a cheap stock on traditional valuation metrics, but if it can keep itself at the forefront of its market and sales in California, Canada, Colorado, and elsewhere continue climbing, then it could be worth tucking away in long-term growth portfolios. ''