CGC - setting up for downside CGC broke down and now consolidating for further downside move.
A good short setup on the 1hr chart .
Marijuana
$HIPH At Technical Breakout Levels for Next Major Leg UpChart Analysis for $HIPH Is Attached.
Expected Future Catalysts:
1. 4 Acquisitions 3 MJ/CBD/THC - 1 Unrelated Field
2. Uplistment to the OTCQB
3. Distribution Deals
4. THC Beverage
5. Many More.
CannTrust TRST at $10 will double - 100,000 KGs of productionAs traditional investors late to the sector start looking at fundamentals, they will notice this large producer doesn't run on grandiose future promises. They are producing 100,000 KG of kilograms and have proven themselves to be a conservative high capacity producer. With a market cap of just $1.07 B or $820M USD. Since TRST is generally available via the US OTC through CNTTF, CannTrust Holdings Inc. has limited visibility in the USA. Once that changes, the true value will be reflected in the stock price.
The only thing missing is the S&P cooperating but we are very, very close to a technical turn around. Obviously if the general markets fail, so will all these names but CannTrust is now a target for takeover by someone in the sector like heavyweight, cash rich Canopy, Tilray or even Aurora needing to justify much less production at $9.6B. Tilray is even worst in value.
Management should indicate when the US listing to the NYSE or NASDAQ would happen. They need to get off the OTC to be accessible to larger investors. Very little risks here, especially if you are ready to weather the markets. Since the markets have a huge impact on all stocks, the arrows in the diagram is just one possibility if we get a confirmed general market bull. If we don't, don't expect much upsides short term.
The uglier it gets, the move violent the upswing.
$CGC $WEED ABC correction down to 200dma So the entire cannabis sector is getting absolutely hammered after the Canadian full legalization "event" on October 19, 2018. This "event" is a non-event in my view as there is/was no new information brought to the surface. All info was known ahead of time. Therefore the correction of the recent rally is fully warranted.
What I am seeing is that from the August lows of ~$24.46 on a pre-earnings dump we had a 5 wave run to a pre-Oct19'18 high of ~$59.34. I think a plausible scenario is that there is a significant ABC correction. (A) may take prices to the 0.382 retrace or perhaps the previous 2018 swing highs around $36.00. The (B) wave rally may coincide with a run to the 0.618 and the 50dma in the $46.00 range ultimately failing and giving us the (C) wave down to the 0.236 of the August to October move which could coincide with the 200dma when it occurs.
I am going to assume that $CGC $WEED will remain the leader in the sector and the other names will largely correlate in time.
Tilray to $260+ by end of 2018 TLRY LongThe ascending triangle is most often a continuation pattern, so we should expect a bullish break to US $260 by the end of the year if the pattern plays out. This is support by Tilray's plans for global expansion and the decision today to legalise recreational use of marijuana in Canada.
Recently the Tilray price has dropped despite a lot of good news for the marijuana industry in Canada. I believe this is because of lot of people are profit taking at these levels as they invested a while back when the price of Tilray (TLRY) was much lower.
NASDAQ: #Tilray | $TLRY is @ the TOP of the BUY ZONE!NASDAQ: #Tilray | $TLRY is @ the TOP of the BUY ZONE!
Weed stocks - the next big frontier. This screencast is on several companies that are largely Canadian in origin, who are involved in developing medical uses of marijuana. This is a legitimate business in Canada.
I am not promoting anything legal or illegal. I have no relationship to these companies. I am not currently a shareholder in any. I am simply sharing information that may or may not be useful for those interested in novel investments.
See also TLRY
MJ BOOM (soon) turns to BUST w/ #NASDAQ: $TLRY (Tilray, Inc.)!MJ BOOM (soon) turns to BUST w/ #NASDAQ: $TLRY (Tilray, Inc.)!
$HIPH Technical Update Flagging BreakoutTechnical Breakout gearing up for a full breakout tomorrow and into Friday.
$HIPH Annces Development of Hydro Infused THC Beverage Prototype$HIPH Released more news today on the development of a Hydro Infused THC Beverage Prototype. The prototype will have a first to market advantage when launched officially. The anticipated launch date for the drink will be Spring of 2019 or sooner.
“I am thrilled to announce that after many months of R&D collaboration with our partners, we have a beta version of our LALPINA Hydro Nano-infused THC beverage. Because this is an extension of our existing hydro-nano technology, we anticipate a quicker development process with potential of hitting the market by the first quarter of 2019 or sooner,” stated American Premium CEO Ryan Fishoff.
Similar to American Premium’s LALPINA Hydro CBD beverage, the hydro-nano THC beverage will boast an absorption rate of up to 90% higher than conventional THC beverages, which allows the THC to immediately penetrate into the cells, bypassing the bloodstream and creating a more immediate effect.
The company is also currently working with Canadian Distributers and US Dispensaries
globenewswire.com
Several hours later Singlepoint $SING released a news released a PR about the first week of sales for $HIPH
"SingleSeed has already received 25 orders for the 12 pack cases of water in the first week. The water has been a nice success so far and has drove sales of other products listed on SingleSeed as well. SingleSeed supplies multiple different hemp-based CBD products. The company is in a perfect position to continue adding relationships for additional distribution of products."
Singlepoint's President described his pleasure with how $HIPH has performed thus far since being added to the website:
"We are thrilled at this first week of sales results, it has blown away our expectations especially when taking into consideration we have not yet added it to our mix of search marketing, most of the orders have been organic direct search for singleseed.com."
finance.yahoo.com
Long Range Forecast for Canopy Growth Corporation Stocks (WEED)The Canopy Growth Corporation (WEED) stock has been trading at the top of its price channel for many weeks now, will it continue to keep up the strength, or will we see some short term dips in price?
This is my forecast for the next few months.
Like the idea if you agree and follow me for more ideas like this.
$HIPH NNW Initiates Full Coverage Zack's and Sierra EquityAmerican Premium Water has been on a roll lately and it looks as if the company might finally be inching closer to breaking out above .20 following a rash of updates. Below are the most recent developments:
Sierra Equity a superbly respected news source revised their target price from .15 to .30
www.marketwatch.com
Zack's Market Research a news source that 90% of the time only features Nasdaq and NYSE stocks began coverage of $HIPH
and lumped it into the beverage category which includes companies like Coca Cola and Dr. Pepper
www.zacks.com
Network News Wire another highly respected news source initiated full coverage of $HIPH today
finance.yahoo.com
$HIPH's Hydro Infused High PH CBD Water has already become the bestseller on the Singleseed.com website in less than a week of being listed:
www.singleseed.com
Based solely on technicals and disregarding all of the above, the charts show a breakout imminent with multiple flags on the daily, hourly and 30min charts with a wedge and strong hold above thread-line.
I anticipate possible .09s today with the next leg beginning in full throttle after a break back above .08
TLRY - Watch this breakout for long to 200$TLRY is currently in the B wave of an ABC correction.
So far it has completed subwaves a and b of B wave and looking for upside on c leg to complete the B wave in the larger degree ABC.
Watch for this flag to breakout for a nice long setup to around 200$
Lookout for breakout with Canopy Growth - Canadian MJ StockIt looks to me like an expanding descending wedge pattern which could result in a bullish breakout for Canopy Stock. Wait for confirmation.
$HIPH Products Now Featured on Singleseed.comAfter the Yield sign removal two weeks ago the company has made massive strides forming a distribution bond with $SING to have its products featured on two of its websites for sale.
Singleseed.com is the #1 source for CBD products an assortment of goods for both the health and mind.
www.singleseed.com
$HIPH Is also in the process of completing four acquisitions and preparing for uplistment to the OTCQB.
The CEO Ryan also shares interest in getting back on Amazon very soon and says that will be a bigger focus than trying to get into Retail such as Wal-Mart.
Charts also show that it has fully consolidated down to the 65% parallel of the Fibonacci, and shows strong support at this level for the next leg up.
Stay tune for more updates from the company as it heads up past new 52 Week Highs.
TCNNF OutlookUsing supply and demand, we can see the path we need to complete in order to proceed up. Breaking past the median and creating new support would be a great start. This stock is still in its very early days so its hard to technically chart this with extreme accuracy, we will have to see how it plays out. I will continue to cover this stock.
The Green Organic Dutchman Holdings Ltd: TGODFPrice study with institutional reload / re-enty zones marked
$HIPH Announces Distribution Deal with $SING + CEO InterviewAmerican Premium Water Corp.(OTC:HIPH) Announces Distribution Agreement with Subsidiaries of Singlepoint, Inc (OTC:SING)
Press Release | 10/02/2018
PLAYA VISTA, Calif., Oct. 02, 2018 (GLOBE NEWSWIRE) -- American Premium Water Corporation (OTC Pink:HIPH) (the “Company”) announces that it has entered into an agreement with SinglePoint, Inc (OTC:SING) to distribute LALPINA Hydro CBD on two of their e-commerce channels; SingleSeed.com and DIGSHydro.com. The Company will drop ship product to the customers....
www.otcmarkets.com
$HIPH Has been on a tear lately and its no surprise, the CEO was recently interviewed yesterday along with a write-up about the company.
CEO Interview: upticknewswire.com
Write-Up Yesterday
www.otcmarkets.com
The CEO already stated that there will be at least 4 acquisitions coming into the company overtime including uplistments and audited fins. Many more things coming in the pipes, stay tuned!
Leading TLRY analyst reporting for duty - YoungShkreli up 30%!Hello friends,
We are up about 30% from the point I went long. Read about that here: .
Same as before friends, I am expecting to go to the $180 region which would represent about a 40% return in a week for those who followed my advice. Do not be surprised is TLRY makes a new all time high. The other day it had the most trading volume on the entire stock exchange. This bad boy has monaaaay going through it. I'm not saying it's smart money, but it is money and this means volatility is guaranteed. Do not short at this time.
Good luck!
-YoungShkreli
