Get started

Marijuana

TNY Update. RSI is low on a 1 year chart.This is the same chart as my previous, just zoomed out on a 1 year time frame to give a better Macro picture. What appeared to be a descending triangle on a smaller time frame in the chart linked to this post, still visible on the 1 year chart as well, was exactly that. Now it appears TNY is getting ready to break through this "potential" Ascending Triangle & create a new higher low! Some news would help, and these are "some" of the "potential" news releases to be expected in the upcoming days, weeks or months ahead. -LB Licensing -Nevada Partnership -Phase 2 equipment moving to Nevada -Co-packing Clients (2 done, 6 in negotiation, and likely more coming) -Expansion of LB with new bottling lines because of too many co-packing clients -Canadian LP partners Time will tell per usual.
CSE:TNYLong
by ScotianBot
Aurora Cannabis. (ACB) Time to Start Buying?! Hey guys. So I have always been a fan of marijuana stocks and who can love trading the devils lettuce, but not trade ACB!? Over the summer we had a big sell off in the sector, but that was expected after the run we had that winter. The market is starting to catch some support and we are seeing more consistent green days for the green good. At this point in time you could do one of two things... you could wait it out, or what I personally do for longer term investments.. Start accumulating. We could bleed a little more, but to be honest... I dont see it falling much more. Another option for people who prefer less risk exposure could be to wait for earnings. Earnings is only a few weeks away and should provide a significant outlook for Auroras future.
A
by Augustus_Lee7
3
TNY updare.So, since the last time I posted a chart on TNY we were trading in descending triangle that broke to the downside on a "short term time frame." I had mentioned that the pattern could also be a bull flag , but that was not the case. It is interesting however to see Tinley get back up to the 56c level where there seems to be historic support dating back to Aug 2018. I can speculate all I want about where the share price may be in the future, but only time will tell per usual.
CSE:TNYLong
by ScotianBot
$CLSI R/M Candidate Shell Has Been Sold and Is Off the MarketBased on research it has been discovered that the old CEO of Clancy sold all his remaining shares and took the company private handing the $CLSI shell over to a broker who had 100% control, the broker has confirmed the shell has been sold and is currently off the market. Which means a check has been cut and one of the two $50 Mil rev companies mentioned in previous DD or possibly another large company will be reverse merging into it. The first filing that will reveal this will be an 8-K which is anticipated to drop within the next 2 weeks. I believe the price will gradually go up into the 8-K drop and the day of will substantially go up, my own personal estimate is about 500% from now until the day after the 8-K drop, 300% of that will most likely be the day of the 8-K drop. After that there will be other filings and PR's to look forward to as the company merges in and it is revealed the true value $CLSI will hold in the long run. $DCGD was the last company to undergo this process and advanced about 50,000% from start to the all time high recently.
CLong
by StockGuild
$CLSI 2 Psbly 3 Candidates for R/M Filings to Hit Anyday PT $1$CLSI DD Compilation So Far Company handling the selling of the shell was found out to be Green Rush which is owned by High times Magazine, the person indicated there were two possible bidders for the company both of which do $50,000,000 in revenues, but wouldn't say who they were. Very astute shareholders DD'ed and came up with two Colorado CBD companies Mile High Labs and Ecogen. So far this is as far as we've DD'ed, will continue to DD and update as the process continues. i.redd.it i.redd.it i.redd.it i.redd.it pbs.twimg.com pbs.twimg.com pbs.twimg.com pbs.twimg.com pbs.twimg.com pbs.twimg.com pbs.twimg.com pbs.twimg.com pbs.twimg.com pbs.twimg.com pbs.twimg.com pbs.twimg.com pbs.twimg.com pbs.twimg.com pbs.twimg.com pbs.twimg.com pbs.twimg.com pbs.twimg.com pbs.twimg.com
CLong
by StockGuild
ACB Trendline Bounce TradeACB appears to be in a good buy spot here- This stock along with many of the marijuana names have been beaten up in the last few weeks/months. The price is on/near the diagonal bullish trendline it has respected for a long period. Although it is not the strongest of trendlines with only 3 real bounces. I do think the risk meets tbe reward here. Im looking at a trade just under 5:1. Close any weekly candle close below the trendline. Take profit at the moving average. If it breaks the moving average in a strong way I will update my price targets. Happy Trading :)
TSX:ACBLong
by andzd
Can Tilray Get Back to over $100?Looking at Tilray with the MACD and Megalodon indicators, we can see a buy signal on the daily for Tilray. Something that we've seen only twice before, both times being the start of significant rise. The Daily MACD doesn't have as much room to turn as did previous signals, however it does look a lot sturdier and supportive. As of right now though, we cannot chase this stock. Looking at the shorter time frame we can see a strong sell signal from the Megalodon. So while I am feeling confident about Tilray in the long term, we must wait for a short term correction to find our buying opportunity. The Megalodon indicator uses a machine learning algorithm, combined with data from over 500 buy setups, and over 2000 indicators to produce extremely accurate buy signals on any and all asset classes! You will also receive real time buy and sell signals for the stock market, cryptocurrency, as well as forex markets! We also busy completed our cryptocurrency automated trade bot. It trades for you, using our backtested indicator with phenomenal results! So try it today!!!
NASDAQ:TLRYLong
by RandallGurule
1
Long on CRON after bounce off trend lineNASDAQ:CRON Illinois recently made huge progress by being the first to legalize marijuana through state legislation. I think this is going to be the turning point for legalization across the United States, and potentially even federal legalization sometime in the next couple years. The whole gay marriage thing did something similar a few years back, and I think we're going to see the same thing here. Slow progress, sudden progress. CRON just bounced off a trend line, and is heading towards a trend confirmation line. It may retest this lower trend line, but it will do so with a higher low. I believe we'll see this gain the 63% back to retest highs before breaking through on to new highs. This 2 year uptrend is mighty convincing. I think this is a great entry for a long.
NASDAQ:CRONLong
by pobudz
1
VFF Bull Continuation Possible Soon VFF has pulled back in two legs sideways to down after a strong bull rally. The bulls have a 60% chance of a second bull leg up before there is a strong bear reversal. Last week broke below the 14 first leg down. This is where the bears need to be the strongest. This is also where strong bulls (and bears) will start looking to buy for trend continuation. However there is not yet a strong buy setup. If this week closes on its high, it could signal the end of the correction and soon enter a bull channel phase for a second leg up. There are many bull gaps below, and the rally contained strong buying pressure. Furthermore, the sell off has not been all that strong. Last week was one of the strongest bear bars, and created a gap around 14. Since there are no previous open bear gaps, this one will likely be filled as well, and may act as an exhaustion gap. The bears need to keep the gap open and create strong follow through selling to increase their probability to 50% for a test of the bull breakout. To learn more about how to determine the directional probability and how to structure a trade based on this with a positive traders equation, please see below. If you found this helpful please like! Feel free to comment or ask questions.
VLong
by tradersmentality