Value stock on early stage uptrend possibly mispriced with significant growth potential with cannabis legalization and e-commerce tailwinds. SOURCE : seekingalpha.com
Just something I remembered from a few years back. Love that tradingview play button, so figured I'd post the look just to see what will happen. Noticed it was moving. Back in 2018, for awhile it was the darling of speculatives in the weed stock sector, rising from sub $1.00 to $15.00. That was back when TLRY blew up the stock market. They recently entered...
The goal for this swing play is for the price to float out of its weekly wedge and bounce off of the trend low (of the previous uptrend) and make a move up to test the trend high (of the previous downtrend). The play will only work if the price can float through trend, if not then the move down will continue and the price will be squeezed by the wedge. The...
Inverse Head & Shoulders and an ascending triangle. When and if it breaks, $7 is on the horizon
So far so good. The gains are holding, and day trade opportunities are everywhere in the cannabis show. The blue wave has a lot to do with it. Imagine that a market with 300m people opens up and its ready to be taken....US legalization. Technically, its good. Good Bullish Trades!
Price has held support going into the close on Friday. Price should retest the previous high of 3.22 and push higher towards 3.50 in the near term. Stop loss: 2.70 1st PT: 3.22 2nd PT: 3.45
MA50 crossing MA200 on daily chart. It's resting on the ~2.20 support. Is it the time to pack the bags?
quick correction and it's going higher? MACD+RSI+MFI looking good. Stop loss 1.20 quick Target? Even 20$. it merged with some other company, numbers are looking good. I see it growing. Good luck!
BUY CRON ENTRY 1 $5.15 ENTRY 2 $5.50 SL $3.00 TP.1 $7.15 TP.2 $9.00 TP.3 $13.20 BUY ACB ENTRY 1 $1.30 TP.1 $2.00 TP.2 $4.00 TP.3 $6.00 BUY NBEV Entry 1 $1.68 entry 2 $1.28 Tp.1 $2.48 Tp.2 $3.48 Tp.3 $5.00 BUY TILRAY ENTRY 1 12.80 ENTRY 2 11.60 SL 8.00 TP.1 16 TP.2 19 TP.3 23 TP.4 28 TP.5 46
Does this potentially indicate a bottom for NBEV? There's a nice rounding bottom that may form a cup & handle A cup and handle price pattern on bar charts resembles a cup and handle where the cup is in the shape of a "U" and the handle has a slight downward drift. A cup and handle is considered a bullish continuation pattern and is used to identify buying...
NBEV long option trade enter option at entry 1 $1.84 entry 2 $1.68 sl $0.80 tp.1 $2.40 tp.2 $3.60 tp.3 $4.80 tp.4 $6.00 tp.5 $8.00
Dog Fish Head + Truly + happy midd/e/upper class of Americans = BOOM TIME $420 magic number
I am long NBEV but we need to stay above 3.07 to have a chance of breaking this downtrend channel. I believe its a great company, just no love from the Street.
This has gone from Prom king to drop out real quick. I think a lot may have had to do with expectations built up over time but at the end of the day, who really knows? Let's hope that October is better to them than other months considering what's set to happen in the industry in Canada. "Clearly, the hype from the deal has proved to be nothing more than that;...
Fundamentals Analysts are pricing BUD @$118 (24% above current price!) New products and hype. Technicals OBV has been increasing steadily. But on a longer term, you can see the average volume is now lower than previous years. BUD is breaking above a weekly resistance 50SMA.
NBEV has formed a major pennant. I am long but waiting for breakout to enter. Big gains if it breaks to the upside.