Marijuana
SING previous patterns reciprocated, potential breakoutSING capable of another move. No need to chart, the company is struggling, will not follow typical patterns. But not your typical penny stock either. Just created alt COIN Singleseed. Potential? Short term? Yes, long term? No idea. Just don't forget to sell !
Mix penny stocks with the Marijuana industry and Crypto currency, potentially explosive. Honestly, I have made a bunch and then lost some with this one, just remember to set your 60 day limits.
I'm not saying buy, but I would be happy if someone showed me a potential current breakout.
Bullish butterfly pattern nn PNTV chart with target zonesAfter pointing out the pattern on twitter, I was asked where I see it going. I wasn't able to find much online as far as common targets for the butterfly pattern, other than points A and C. I used a common technique often used with other harmonic patterns to map out other significant resistance zones(drew a fib extension from point X to A, back down to X, then moved the bottom of it to point D). The XA leg added on top of point D is a common target for most harmonic patterns I've researched so far. Beyond that, the 1.27-1.68, 2.27-2.68, and so on are also common targets if bullish momentum continues. It just so happens that the 4.27 matches up perfectly with a very long-term trend line...
A little hip on the dip Legalization is near by as the vote for the bill to pass will be held on June 7th, 2018 and legalization to happen in sometime August 2018. HIP prices dip on the news of their recent dilution of shares. Its currently sitting at an oversold situation on the yearly chart and 6 months chart. Last time it reached an oversold situation the price of shares doubled in value. It went from $0.68 to 1. 30 in 2 weeks of time. This is more like short term holding situation and it can continue to drop a little bit more. A few big buyers at the mark of $0.70 but a lot more big sellers around the range of $0.71-0.73. HIP.
A little hip as it dipsLegalization is near by as the vote for the bill to pass will be held on June 7th, 2018 and legalization to happen in sometime August 2018. HIP prices dip on the news of their recent dilution of shares to raise more money . Its currently sitting at an oversold situation on the yearly chart and 6 months chart. Last time it reached an oversold situation the price of shares doubled in value. It went from $0.68 to 1. 30 in 2 weeks of time. This is more like short term holding situation and it can continue to drop a little bit more. A few big buyers at the mark of $0.70 but a lot more big sellers around the range of $0.71-0.73. HIP.VN
CRON getting ready to bounce off lower points of resistnace and Cron might be about to 'get high' it looks like it is losing downward momentum on the MacD indicator, the RSI line is nearing the bottom and it is also getting closer to the bottom bollinger ban. It might still have a few days to go in order to hit bottom but price looks like it is already starting to level off from the down swing. Might be a good entry point. They recently reported Q1 earnings which didn't seem to blow investors minds very much, they were probably hoping to see a profit (turns our investors like profit) but there was massive growth in sales, just large growth in capex as well that ate away profit. So I'm not really seeing long term concerns that others may have, in fact the company is expanding operations. Unfortunately it just costs money to do that. The high PE ratio is a little icky, but they have pretty good liquidity. Over a hundred mill in assets. Debt to equity looks pretty good.
Aphria Rocking and RollingAphria breaking out of downward channel, bouncing off support at $7.50. Buying volume looks good, and when there
are sell-offs it is on much lower volume. Breaking out of resistance and closing above $9.95 will be very good for the mid-term,
closing above $10 will break huge psychological barrier and probably lead to a nice run up long term. Aphria is a great
company, planning for the long-term beyond just hoping for nation-wide legalization in Canada later this year. They have a lot
of cash on hand, and continue to eye new opportunities both within Canada and abroad.
Aphria Rocking and Rolling over past couple daysAphria is breaking out of a downward channel and has repeatedly bounced off support in the $7.50 range. If we can close above 9.90 on the
4 hour chart, although there may be another couple of down candles I suspect a cup and handle will form and we will see price enter solid up trend with stronger buying volume. Aphria is one of the few profitable marijuana companies in Canada currently, with a ton of cash on hand to spend acquiring more valuable companies and property for production. I am very long on Aphria as there current business is not strictly dependent on recreational going live in Canada this year, and they have an eye towards international expansion.
BTC compared to Aphria (APH)I believe I have found a connection between Bitcoin and the MJ industry. When comparing BTC to APH I have found stunningly similar trends but Bitcoin seems top make the first move by almost a month. I have placed alphabetical reference points to show the comparison.
Since BTC seems to be ahead of APH by a month, I went ahead and placed the next trend line/target(G) based off of the most recent moves from BTC. I believe that if it follows this trend, then APH is looking at positive trend upward and a slight pullback in the month ahead.
Buy APH now and hold to target price G?
Will this trend continue in the future??
APHQF Profit/Loss BTC comparisonUsing BTC to swing trade APHQF with a 7.63 Buy in.
Target prices are listed with major resistance points.
CANN short tomorrowPerfect n°6 pattern. This stock is up beacause the marijuana sector is getting hotter again since its going to be legalized in canada and maybe even in usa but this will affect the stock price in future: as for now the psychology and the patterns beat the news/rumor (maybe we'll have a V price ation similar to that we had at the end of december and at beginning of january). Anyways if it breaks $4 i think it can drop to $3.65ish or best case scenario $3.25ish.
$XSNX Begins a Bullish Accent on Techs Awaiting MJ NewsSolar + Storage for Cannabis Industry
"We can help indoor grow operations to generate superior returns through maximizing solar and utility resources with our solar + energy storage managed solutions. We look forward to servicing what we anticipate will be a growing interest for these solutions in 2018"
daggamagazine.com
CannabisCoin (CANN) Breaking Out: 545%+ Profits PotentialLet's take a look now at CannabisCoin (CANN), the third out of four marijuana altcoins that we are analyzing and trading. I recommended these coins, Potcoin (POT), CannabisCoin, HempCoin (THC) and DopeCoin (DOPE) a few weeks back in our VIP chat group and Top Altcoins for Long Term Hold post.
Here you get all of the details about these specific coins. As we get closer to the next bull run for the altcoins market, I will be sharing more and more trade analysis of coins that have huge potential to make us easy money.
In order to make money trading you need to follow the simple instructions that I share below, let's have a quick review of the steps necessary in order to make money trading altcoins:
-Buy within buy-in range. This is the buy in price that I share in the "trade instructions" section below.
-Hold while you wait. This is simply waiting... Patience.
-Sell on target. You sell when a target is reached. You do this by placing a sell order before the price is reached. You can sell a portion or all of your coins depending on your strategy. You can get more information here.
CannabisCoin (CANN) Trade Analysis by Alan Masters
Charts, signals & indicators
Let's start by looking at the Bittrex chart for the CANNBTC pair since December the 20th, when CANN broke out and had its strongest run for the year 2017. The potential is equally big for 2018. Let's look at the chart...
- Let's start from the left. The red vertical line all the way to the left of the above chart marks the 20th of December, when CANN started to breakout and had its huge run, increasing in price over ten times in a few short days. Notice the open price of the breakout day is the same as the bottom reached on March at around the 440 satoshis level.
- Notice the Positive Divergence on the MACD. Marked by a black line.
- The RSI is already reaching the overbought line, which means that there will be a retrace before moving forward and the DMI is now trending upwards. Let's take a closer look:
- We already broke the SMA50 and 200 lines.
- The 4 hours chart show some very strong bullish signals.
- Trading volume is fairly low, which allows plenty of more room for growth.
- The weekly chart is turning positive as well with the action starting to get reflected just now.
- CannabisCoin has a bright future for 2018 and can be used to make massive profits, easy money, for the next few months. Just buy & hold to sell on target.
Trade instructions
Buy-in: 0.00000530 - 0.00000750
Note: Try to buy the closest possible to the lower part of this range.
Targets:
MID
(1) 0.00000908
(2) 0.00001013
(3) 0.00001147
(4) 0.00001533
(5) 0.00002158
LONG
(1) 0.00001454
(2) 0.00002076
(3) 0.00003082
(4) 0.00003798
(5) 0.00004710 (All time high {ATH})
(6) 0.00007344 (New ATH)
Trade strategy: Buy & hold long term.
Stop loss: Will be updated after first target is reached.
Message: We Are Getting Closer To Our Goals
We are getting closer everyday to the goal.
Closer we get with our passion, commitment, our patience and our growth.
Closer we get to being back together just as we were before.
Checking back what we did, to learn from it, to later keep on going to learn even more.
Everybody closer, we are always getting, to our goals.
Namaste.
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.
Cronos GroupCronos is a great test-case for what happens when a Speculative OTC stock goes to the big time market. They shot up 30% in the days after it went from OTC to the NASDAQ on some HUGE volume.
I personally like Cronos a lot. Mike Gorenstein seems like an excellent CEO and they are setting themselves up really nicely in terms of the international picture.
HOWEVER. They haven't truly DONE anything yet, at least compared to the other big names in the Canadian cannabis industry.
In their most recent financial statement, their Q3FY17 revenue was C$1.3M with a YTD revenue of C$2.5M a SMALL FRACTION of even the less-than-popular MedReleaf who had a Q3FY17 sales of C$11.35M and FY17 of C$31.6M
I guess what I am ultimately getting at is that, IMO, Cronos is grossly over valued in terms of Market Cap and I expect that to catch up to them sooner than later if they can't produce financial results on par with the rest of the industry.
I can imagine the share price breaking below the lower bounds of the triangle, falling fairly sharply to the Weekly 9EMA and potentially even correcting further.
Just my $.02
Crayon sketch of Cannabis Wheaton graphs and forward projectionsIve been invested in the Canadian marijuana sector for just over a year and a half and have had great overall success but most importantly learned A LOT along the way. Weve got a HUGE catalyst coming up in the Canadian Recreational Legalization slated for August 2018 and I for one do not want to be waiting on the sidelines!
This is just a VERY rough sketch of what I believe could be very much possible in the coming 6 months before true Canadian recreational legalization. I think that this sort of pattern is potentially VERY possible across the whole sector, but Cannabis Wheaton is an interesting business model that relies heavily on the production of its "subsidiaries."
I think that were coming up on another mini-mania where people who've invested in the sector in the past and bailed will be looking to get back in before the next boom. As with all investing, we are relying on people being late, dragging their feet and being indecisive in order to sell the stocks weve purchased earlier to them much higher.
As you can see, weve already started to see the Daily 9EMA turn upwards and with a steady stream of good news from many of the holdings of CBW, I don't see us crashing and burning from here. CBW has its fingers in MANY strong LPs and with a Market Cap of ~$550M its upside potential is astronomical.
The following assumptions were made:
I expect to see approximately 10% increase in the peak of the 9EMA once more between now and the August medium-soft "Green Day." I also expect to see a strong bounce off the 100MA late June, early July before the final run-up. I believe we could then see a solid 30% increase from the peaks of the MA going into the final days of the legalization and then after that, all bets are really off. Things may continue or things may crash back down to the 100MA range. We will have to play that by ear as it come.
Feel free to comment about your thoughts. Again, this is a VERY rough estimate of what it COULD look like but based on how the industry as run before, I think its very much in the realm of possiblities.
Good luck and HAVE FUN!
Aurora didn't even get high and still needs support.Aurora didn't get as high as the other stocks, rather ending the last few days in the red. Forcing me to remove the previous support I was worried about, as well as the possible new upward trend line, replacing it with a dotted green temp downtrend line. It didn't recover well from that broken neck. There wasn't much of a shadow and the candle closed almost full red, indicating that we may still be headed in that direction. We will probably see 10.80 and possibly 10.50, as we closed below all three MACD's according to Bill Williams.