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Marihuana

disaster or massive move must cross back 48500 for massive recover and go for 69k area again the broken support at 45500 a very bearish sign trend been destroyed and we are entering in a downtrend could result in a bear trap if price can cross over 45500 and 48500 if no we may dip bellow 40k and maybe rettest 25k or 20k this look very similar the 2018 crash when bitcoin dropped and marihuana stocks rallied feeling more bearish this time but support and ressitences will tell more drop fail of 41k huge pull back 45500 48500 levels
COINBASE:BTCUSDShort
by Leocryptowizard
Why $OGI marijuana stock skyrocketed this week?On Friday, the two chambers of Virginia's General Assembly passed marijuana legalization bills. The two must be reconciled for consistency's sake; afterward, the combined version will be sent to legalization supporter Gov. Ralph Northam for his signature. So what fueled the great enthusiasm for marijuana stocks on Monday? it was the increasing likelihood that marijuana would be decriminalized at the federal level and thus made legal in most states. If that occurs, Canadian weedies -- Tilray, Aphria, Aurora, HEXO, and OrganiGram are all headquartered north of our border -- will have free rein to sell their wares directly to U.S. consumers. Under current federal law, they are prohibited from doing so. Momentum is snowballing for federal U.S. decriminalization, and Virginia's move is only the latest evidence of this. While this won't alleviate all the challenges of the marijuana industry, it will significantly improve its prospects. Pot stock investors are right to be enormously cheered by this development. Cannabis legalization is sweeping over North America – 15 states plus Washington, D.C., have all legalized recreational marijuana over the last few years, and full legalization came to Canada in October 2018. www.fool.com
NASDAQ:OGI
by AlenCiken
8
Why $ZYNE skyrocketed this weekJazz Pharmaceuticals $JAZZ agreed to buy GW Pharmaceuticals $GWPH for $7.2 billion last wednesday sending shares of fellow epilepsy-focused biotech companies $ZYNE flying. "The acquisition allows Jazz to become a significant epilepsy player by adding Epidiolex, which exited 2020 with sales annualizing at about $576 million despite a challenging Covid environment and ahead of significant growth driven by a tuberous sclerosis label expansion and broad European launch," www.investors.com
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by AlenCiken
1
Why $RKDA Skyrocketed yesterdayWhy $RKDA Skyrocketed yesterday There does not appear to be any direct news from the company. But it seems like that there was some coordination by day traders on social media. $RKDA shares were buoyed — thanks to discussions stock trading groups on Twitter and Twitter hashtags, before the market opened. Hemp/Pot play, Similar to $TLRY move from $3 to $50 has monster upside once it launches. Expect $20 + & a multi day runner The other positive factor for the cannabis industry is the effort in Washington to decriminalize marijuana at the federal level.
NASDAQ:RKDA
by AlenCiken
Tilray® to Import Medical Cannabis in the UKTilray® Announces Agreement with Grow Pharma to Import and Distribute Medical Cannabis Products in the United Kingdom Grow Pharma will distribute Tilray’s GMP-certified medical cannabis products across the UK New UK agreement gives doctors and patients access to a sustainable supply of Tilray’s pharmaceutical-grade medical cannabis products Tilray expects to have a range of GMP-certified, medical cannabis products available for patients in the UK by March 2021. finance.yahoo.com
NASDAQ:TLRY
by AlenCiken
PotCoin (POT) Trade: Up To 400% Profits PotentialHey, Alan Masters here. Let's take a look at Potcoin (POT) for a very simple yet potentially very profitable trade. You can easily make 200% profits with this coin in a few short weeks, the same is true for the other marijuana coins in the cryptocurrency space. We are getting close to 4/20, and the marijuana industry is growing worldwide, with Canada making it legal nation wide in just a few short months. Every time there is positive news about this industry, which we will have plenty of in the next few weeks, the price of this and other marijuana coins tends to shoot up. Good potential for short, mid and long term earnings. Potcoin (POT) Trade by Alan Masters TRADE INSTRUCTIONS Buy-in: 0.00001250 - 0.00001450 Note: For long term holders/traders you can buy in up to 0.00001850 or even higher. POT tends to go high strong once it takes off. Wait for the retrace (the price to go lower) before buying in. Targets: LONG (1) 0.0000251 (2) 0.0000341 (3) 0.0000471 (4) 0.0000561 (5) 0.0000700 (6) 0.0001000 (New all time high) MID (1) 0.0000180 (2) 0.0000220 (3) 0.0000280 (4) 0.0000320 POT all time high was first reached in October 2016, at a nice 0.000069 which is 4x the price now (at the time of this writing). It was later challenged and broken to reach 0.000070 on June 2017. In between these two peaks, there were many rallies for this coin. This can be a very profitable altcoin to trade. CHARTS, SIGNALS & INDICATORS Let's start with the daily chart: - POT had a very, very strong breakout and all the indicators are in the bullish zone now. The indicators I am using are the MACD, which is trending up and showing plenty of room for growth. The RSI which is reaching the overbought line which points to a retrace. Wait for the retrace to buy in. The DMI which is also trending bullish and the OBV. - The weekly chart is basically saying: "Trade me long term, there is plenty of room left for growth and we are just getting started with the fun...". MESSAGE: LIVE LIFE IN LOVE When you live life in love. You love yourself. When you love life as you live. You get love from everybody else. Living live in love, will give you calmness, compassion and joy. Love can give you security, happiness and growth. Live life in love... when you are grateful for what you have. You can be always grateful for everything. As everything is basically love. So live life in love... That's how love lives with us... Namaste.
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by AlanSantana
30