$TOMI To Become one of the Biggest R/M's Fully Approved NowNews out today name change and ticker change confirmed and approved by FINRA for the R/M into Golden Triangle Ventures, should see some massive short covering by Friday when it goes into effect, massive multi-million dollar merger with a Health, Tech, and Entertainment Company. Check out the DD on it in past posts.
www.globenewswire.com
Marijuana
$SGDH Massive surge after being the first dispensary approved CO$SGDH Colorado passes the new MJ law on November 1st setting off the first major catalyst for this which just recently got approved and is now the first publicly traded Dispensary/Grow MJ Company out of Colorado.
$QALB 1 Mil Float R/M with GSA with Revs of $105 Mil last year$QALB Hugelyyyy undervalued and under the radar stock that’s being heavily accumulated following PRs by the company and officer changes, then this DD compilation dropped today: investorshub.advfn.com could very well see $10-$15+ with this float of less than a mil when news and PRs drop.
TNY Update. Possible Bull Flag.Unless Tinley breaks above 47c in the next few trading sessions we're basically just looking at another lower high.
There's clearly a possible bull flag pattern that may play out.
The RSI was at an all time low on "all time frames" recently, which is reflective of the aggressive bounce we had in the share price.
On the RSI I've made some notes that may indicate a trend reversal.
On a five day chart I'll post attached to this chart you can notice the RSI bounce off the top of what was once a descending triangle, this may indicate the trend is changing due to old resistance becoming new support.
Time will tell per usual.
$COWPP Breaking New 52 WK Highs PT $5 March - July 2020$COWPP should be reinstated in the next several days or sooner with the company having future plans to be integrated into a possible Marijuana Conglomerate featuring different companies that will have a distinct goal of taking advantage of the elections this and next that will see a massive surge in Marijuana companies and their influence with the rules and regulations being very favorable to the industry.
$TOMI Ascending Slowly With Developments PT $5 July-Dec 2020$TOMI Has a multitude of developments on the way including a 2 Bil A/S reduction, an O/S reduction which they completed recently and a R/M with a Company with a conglomerate of companies under an umbrella of 3 distinct industries; Entertainment, Health and Tech. The name and R/M is suppose to be completed within the next 3 weeks or sooner IMO. The name has already changed if you search the company using Google.
$SGDH Techs Reset Second Leg Begins Tomorrow PT $3 July-Oct 2020State and City has now approved the Plans for the first $SGDH Dispensary. The company now has 360 integration with the grow facilities and now the dispensaries. $SGDH is projected to become one of the top if not the top MJ growth stock of 2020. All of this is imo, but there is sufficient evidence given the due diligence done to support this.
A bounce to new resistanceGood day folks,
I think we could see a bounce in MJ and test new resistance at 24.
Thank you,
short term rising wedge on cgclooks like this stock is primed for a dead cat bounce on longer timeframes but short term rising wedge has appeared. This can still breakout but if there is a breakdown with some good volume id cut my losses and find a better entry point around 15-18$ region.
LONG CRONExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
$SGDH Cleared for Take-Off after RSI Reset Court Hearing at 6PM This has been one of my long term plays and for good reason if you check my prior updates. After the hearing and approval tonight I see above .10 tomorrow and a push onto its second major leg up with a PPS target of .25 before the next consolidation period takes place.
Is APHA trading in a massive descending triangle?I hope not, but hope isn't a good investment strategy, and with the negative sentiment in the cannabis industry I wouldn't be surprised to see this get down to 1.10. This could be a giant bull flag as well, but I don't know were the buy pressure will come from in this sketchy market?
Time will tell per usual.
HEXO Potential TurnaroundHEXO may be going through a falling wedge pattern, which has the chance of reversing the trend to an upside. It's reached strong support from its long-term trend, and it looks bullish on the 3-day MACD after crossing back in September. Look for it to breakout above the resistance.
ACB Critical Areas To Watch! Hello Traders!
Welcome to today’s chart update which will be from the Canadian MJ sector – ACB – Aurora Cannabis Inc. This pot stock is testing a critical area; price may put in a new local higher low and or break the trend and negate the whole market structure…
Points to consider
- Potential Triple Top
- Price testing critical support zone
- Local support at $2.60 region
- Stochastics projected upwards
- RSI testing support
- EMA’s giving price resistance
- Volume increasing
- VPVR showing low volume of transactions
ACB is testing a very critical support zone at current given time which must hold to maintain the overall market structure. This zone has in confluence the .618 Fibonacci level, a bounce is probable however we need noticeable strong bull volume to push price back up.
The stochastics is projected upwards from very low regions which signify that the bulls have a lot of stored momentum if a bounce was to come to fruition. The RSI is testing support, historically, a test of support leads to a bounce back to neutral area from oversold territories.
The EMA’s are giving price resistance, we need to see it cross bullish otherwise a break of the critical zone will be more probable.
The volume is picking up, as mentioned before, we need to see it sustain bull volume if a bounce was to come to fruition from current level.
VPVR is quite interesting and favours the bears as there is very low volume of transactions between the two segments of the critical support zone and the local support zone. This tells us that the bears will be more probable to reach its technical targets due to the low level of resistance from the VPVR.
Overall, IMO a break from this trend line will further confirm the triple top analysis as the market structure will be negated, failure of putting in a new higher low. This is quite bearish; ACB will be more probable of testing lower levels…
What are your thoughts?
Please leave a like and comment
And remember,
“Sheer will and determination is no substitute for something that actually works.” – Jason Klatt
$SGDH Lease Agrmnts Now Approved by CO. For Facility & StoreLease Agreements with a Large Marijuana Cultivation Facility and a Retail Marijuana Store have now been finally approved by the state.
We are also partnered with $CGRW Green Houses whose plants will soon be in our product line through our JV with $CGRW
If you remember $CGRW went from .00s to over $3.45
$SGDH itself was .80 cents in 2009 and .30 cents more recently in Jan of 2018
This has a slightly bigger S/S than $CGRW but catalysts coming here are on par or maybe even slightly better than the ones $CGRW had. We also have the same team from that company working with ours as well.
For a short background on what our company also does, $SGDH is a holding company which owns and operates through its wholly-owned subsidiary, Ecopaper.com. Its goal is to acquire new technologies which can positively impact our environment either through internal development or by acquisition.
News is far and few between but when it hits its always a game changer release, check out these two PRS from 11/14/18 & 10/2/19. Read between the lines, We’re now so damn close.
The Searching of a NQNACE PotStocksBottom. . . the Beginning of "The Searching of a NQNACE PotStocksBottom" . . .
Why Is KSHB Going Up While Most Pot Stocks Are Getting Slammed?KSHB has been one of just a fine few pot stock related names that has actually gone up. So what's the deal? The company’s stock price struggled throughout September, decreasing 60% on a massive drop during trading hours on September 26th. This was due to the company announcing a direct offering for shares at $1.75 per. This cannabis company is comprised of several industry-leading companies. This includes one of the largest producers of vaporizer products and packaging, Kush Supply Co. Furthermore, it owns Kush Energy which provides hydrocarbon gases and solvents to the cannabis sector.
"The direct offering was valued at $30.2 million and is expected to close relatively soon. Investors must have found this offering promising because today, on October 1st, the marijuana stock is up 11%. Could this lead to a strong and promising October for investors after that rough September?"*
*Quote Source: 5 Penny Stocks To Watch This Week
Stock: KSHB
TNY Updated Chart.It appears as though tny may be trading in a ascending triangle. It's clearly noticable on the rsi as well.
The 30-45 day estimated time frame for Tinley's two canadian LP's is fast approaching. Sunday would be 30 days from the previous news release. A Friday or Monday news release would be likely & timely for some sort of announcement in regards to this topic. Anything else like LBF licensing early or a new product would be left field & unexpected at the moment.
It's worth mentioning that Tinley will be utilizing the standard operating procedures, blueprints and other IP gained during the buildout of their own facility to help its prospective Canadian partners with their own bottling plant buildouts.
In other words, the several years of design, engineering and construction work, enabled by learnings from the real-world sales and market experience that Tinley has gained as a Company through their Phase 1 and Phase 2 facilities, will be given to these two Canadian LP's under some sort of agreement beneficial to both parities.
“With a first-class production and sales team in place, Tinley is well-positioned to help third-party CPG and lifestyle brand owners extend their offer into the growing cannabis beverage market, in the same manner as our team has done for over 100 such brands globally in the cola and wider beverage industry,”
said Ted Zittell, director of the Company.
Time will tell per usual.
LONG CGCExpecting bounce from extremely oversold weekly and daily levels. If stop breached, be prepared to catch new daily reversal on lower levels with a tight stop.
Inverse Head & Shoulder?RSI is trading in what seems like a ascending triangle as well.
Interesting.
