GNLN Vape Industry Going to Boom all the way to earnings 7.50+You will see that fall is one of the best seasons for the vaporizer, and cannabis industry. Greenlane holdings is going to prosper this quarter to give you guys the best EPS they've ever had out of any quarter. If you have #stock inside #GNLN stock you will want to #invest in the #vaporizer #company so you can do a good #call #strategy with #options.
Marijuanastocks
CGC - Your chance to feel good about your weed addictionThis is truly, your one and only chance to prove to your wife that your weed addiction is paying off. After awhile, she will join you, don't worry. You are just an early crusader, the pilgrim, the visionary and she doesn't know who she really married - THE LEGEND. This is your chance fellas don't blow it.
I mean look at this beauty.
I am holding this bag until it reached at least $100 and then $120. Options - F that. Buy and hold.
If you want to get into a growing market - this is it. Do you know how many people out there have never tried it? Do you know what happens after they try it? A huge line around the corner waiting to get in the MedMen store - the Apple of cannabis. Watch Tilray, CGC, Medmen, etc, closely.
CHRONOS ON A KEY LEVELWith international production and distribution across five continents. Cronos Group is committed to building disruptive intellectual property by advancing cannabis research, technology and product development. With a passion to responsibly elevate the consumer experience, Cronos Group is building an iconic brand portfolio. Cronos Group’s portfolio includes PEACE NATURALS™, a global wellness platform, two adult-use brands, COVE™ and Spinach™, and three hemp-derived CBD brands, Lord Jones™, Happy Dance™ and PEACE+™.
Bullish divergence on the weekly coinciding with a market level where statistically over time this asset has always reacted. Interesting scenario and adequate space for different investment strategies. Medium / long term target price $ 9.60 - $ 13.
First Time In A Long Time For TLRYFirst time in a long time that TLRY failed to close above its 200DMA. Despite this, it remains consistently trading around the 786 fib over the last few months. Without any fundamental catalyst, it really could depend on that industry at large. I think the whole MJ Bill was a buy the rumor/sell the news for what it's worth. Not a whole lot of range on the move leading up to that headline. But since it broke below the 200 for the first time in a while, volume (bullish volume) is going to be something to monitor for, closely if this is on your list, short term. These are the levels to keep track of on a larger scale.
"With so many states and countries riding the legal cannabis wave, the discussion surrounding federal marijuana legalization in the US is changing. More proposals are getting submitted, and more conversations are happening. Whether this next step results in a real bill is to be seen. But what we can say is that the speculative nature of the cannabis industry tends to feed off of the unknown. So if marijuana penny stocks are on your list right now, keep this in mind, and volatility can play its role in bullish and bearish sentiment-driven trading."
Quote Source: Best Penny Stocks To Buy Before Marijuana Legalization? 4 To Watch Now
GTII is trading in a GIANT Descending Triangle.It's always possible this pattern plays out bullishly as a bull flag, a directional shift in momentum will likely occur leading up to earnings or a sell-off afterward.
On September 1st GTII will report their next earnings, and the ending of this pattern is September 24th, Descending Triangles and Bullish Flags more often than not make a decisive move in one direction or the other, whether it's a fake-out or not, 50%-75% through the pattern formation.
Green Organic Dutchman on a launchpadSeems like its ready to pop any minute. We all seen these bottoming formations recently. Could easily run 300-400% in a matter of few days
ACRHF, Acres of GreenAcreage Holdings, Daily: Excellent example of a) bullish cypher maintaining the pattern completion zone, and b) bullish divergence for implied reversal here. Easy R:R with stop-loss below the prior range low. Upside profit levels have historical price action, and one could always save some shares beyond target 2 as a moon target in the double-digits. Not financial advice, happy trading
VRNOF, Marijuana Money MakerVerano Holdings, 2H: Implied reversal with the class A bullish divergence at the pattern completion zone of a Bartley (butterfly+Gartley) harmonic which retraced to the 0.886 Fibonacci. Easy stop-loss at local low manages risk since this is a recent IPO. Great fundamentals such as dispensary openings in IL + the potential supportive legislation in NY state provide fundamental support. Not a bad idea to keep some position past target 2 for new ATHs.
Descending Channel for GRAM?It appears as though GRAMF is trading in a descending channel that shows minus the minor deviation where the price breached the support but quickly went back into the channel where I've placed the blue sideways finger.
On the DMI there has been a bullish twist where I've placed the green downward pointing finger.
On the KST there has also been a bullish cross where I've placed the green downward pointing finger.
Please don't waste more time or money. ...ACB
Hello, I did this analysis because I am losing 50% of my entire portfolio at the moment with ACB, my opinion is that ACB has no future. its graph is very bad. it is very sensitive to financial markets. freaks out over very little things or nothing.
Every resistance breaks it no matter what happens. The last time one day before the earnigs reports hit the bearish resistance and fell back. Edge funds knew about this and they put massive short orders just like they did with GME now they break every support or resistance, no matter how good the news is, it always ends up falling.
Financially, ACB is the worst company among all in its sector. It has the largest debt of all and each time its net profits are smaller, also the money is spent to acquire more things when the business does not even have a profit. smaller and smaller earnings.
growing debt. Financially it is rubbish.
I hope people can get out of this company as quickly as they can and don't lose all their money. have a good day
Descending Triangle for CURA?Or, possibly this pattern plays out as a bullish flag.
The KST is displaying a bearish cross where I have placed the red downward pointing finger.
Keep an eye on the DMI in the upcoming trading days, if there's a bullish cross it would be very note-worthy for the bullish narrative. Something similar to what happened where I've placed the green fingers.
The share price is nearing the end of the pattern which doesn't happen too often, this could be due to some indecision among market makers and other participants trading / investing in the stock.
Low-risk swing tradeThe chart is simple to read with RSI and stochastic both turning up. You can trade up to the blue line, even a day trade. Hold for break higher or reenter after line is broken, since there could be a pullback first or line may hold. For a longer hold I want to see moving averages cross up.
Risk is low because stops can be a certain price and/or a percentage of option loss. It depends on your trade. For example near today's open I bought weekly 24 calls for 50cents. I can use 22.99 and 22.80 as stops, and I can also exit if option goes below 0.40. These are initial stops that I may adjust as trade works.
Innovative Industrial Properties (IIPR) BTFDInnovative Industrial Properties (IIPR) is primed to BTFD. I have a $220 target and could see upwards of $250 in the near to mid future. They're my "pick and shovels" play in the Devils lettuce industry. EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) has been consistent and their debt to asset ratio is gnarly af. No need to thank me nerds (except if you lose money, dont blame me either lol)
“As far back as I can remember, I really just wanted to get me some money.”
-Gucci Mane
Ascending Triangle for GRAMF?It appears as though an Ascending Triangle pattern is forming for GRAMF.
The RSI has broken a bullish flag pattern, the downward sloping resistance was pretty consistent until recently, giving the impression of a descending triangle that's now been negated.
On the DMI there has been a bullish cross.
GrowGenerationThe Giant has awaken!!!GrowGeneration you have my attention!! $53 is a key level. I want it to break. There is so much hype in Marijuana stocks right now that Wall Street will short it after this mini bull run. This company is in its prime and showing alot of strength. The debt to asset is 19.64% I love it!! Quarter earnings have been nothing but good. Cash Flow is nothing but a uptrend. Balance sheet uptrend. Income statements pure uptrend. Seems to have all there ducks in order for legalization. I expect 1 more dip and we will be there to buy. Im hoping for this head and shoulders pattern to get a better dip. They belong to a ETF $CNBS which is good