OGI enters BUY ZONEOGI, another cannabis stock that we have been following enters our BUY ZONE today, and quickly turns. This hit our 50% retrace level from the move up. If this level holds, projects to 7.72 for the next move up.
OGI
Lotto Ticket Play, Highly ManipulatedJust 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 into a deal with Benchmark for a $75,000,000 ATM offering. Again, there's probably much better plays out there; just posting the view -- not really bullish or bearish..
Cheers and good luck.
LONG VERO 75% UPSIDEVERO starting to look bullish. I have outlined two targets that I will be looking at. LONG.
[TLRY] 2021 Cannabis Market Roundup: TLRY and APHA Lead the Way!Cannabis feels so meta sometimes.
TLRY leads a 10x market run and then collapses to the worst performing Cannabis company in 2021 lol.
Man APHA definitely getting the short end of the stick here haha but they'll all make plenty of money slangin drugs together.
Wish I had done a mashup like this a long time ago, lots of fun data.
Here's how I've been betting it:
1. APHA/TLRY (TLRY was my #3 before the merger)
2. CGC
3. ACB
4. OGI
I threw in GRWG and CLVR here too.
GRWG is the shovels and pickaxes of this Green Gold Rush.
CLVR a new entrant that looks promising.
I have some other minor stakes but these are the Gems.
TLRY/APHA leading the pack with OGI coming out of left field recently to supplant ACB and CGC.
With OGI finally blowing up, that makes CGC the best value play right now. At similar value, CGC much better company than ACB.
Lookin to pick up another load around $23-$26 and we're back on the hunt for that double top ;).
APHA and TLRY are priced pretty well here, OGI lookin pretty overpriced. Rest are underpriced.
Buy the dip on Tlry. Long term holdBeautiful retracement here on Tilray with gap fill to 30 with a big upside target gap fill in play.
We are at support here so its a good time to buy and add a cannabis stock to your portfolio if you have missed the epic pump this week. That pump was great for day trading, this play is a solid long term hold. The weed sector has been on fire this year and I expect it to perform well through Biden's presidency.
All time high on TLRY is around 300 so 30 is a fantastic buy and hold opportunity imo.
LONG KERN UNDERVALUED IN POT SECTORPot stock providing the software solutions for cannabis companies to expand. They have strong revenue growth and will be the leading pot stock in the next run. LONG.
OGI: Potential for big upsideOn the 1 day chart for OGI my supper guppy indicator has turned green/blue, indicating an uptrend, for the first time since June of 2019. On the 1 week chart you can see that the fast EMA's on my super guppy indicator have turned from orange to grey...When the fast EMA's turn grey during a downtrend it typically indicates that price action could have incoming volatility and suggests that a bounce is currently ongoing. When you consider this in addition to the bullish super guppy signal on the 1 day chart and the strong signal indicated by my GMMA oscillator I think we are going to see some really nice upside.
OGI - triangel for long.The cannabis sector is very bullish so it's hard to find a good spot to enter. On 30m chart OGI I see a good spot for LONG.
[OGI] That Was the Fractal I Was Seeking... GREEN Gold Rush!The chart speaks for itself, August 9th 2020 fractal prediction hit damn near perfectly...
The Green Gold Rush is on, enjoy the moment B)-~
[CGC] Will be Loadin up Before Next Uptrend CrossThis is now my number two long term growth pick, recently supplanted by the winning APHA/TLRY combo. Still a better company than ACB by a good margin. OGI best value and ACB next best value though, these two been in the trenches for most of 2019 relative to the overall industry.
HEXO and SNDL still strugglin but holdin up OK, also great value there but much riskier. CRON has been very quiet but holding at a steady level at least.
I'm really loving my IIPR, YCBD and VFF pickups from a few months back too.
Kickin myself for missing GRWG, waiting for better value now.
OGI (OrganiGram Holdings Inc)OGI is a Canadian Cannabis company. Covid slow down has obviously hurt the business for OGI . Ontario and other major provinces are now getting licenses out faster to people so this could provide a catalyst. In addition to this the blue wave, and NYC's Cuomo's positive comments about cannabis have me willing to take a shot on this. Monthly levels of interest are marked with green lines. Falling wedge in the process of playing out I am aiming for somewhere $3+ longer term.
[TLRY/APHA] Get in Sub-21 Before PRICE Goes Up Like SMOKE! B)-~APHA was my #1 Cannabis play going into this year based on the fundamentals and it's held up very well, still my #1 long term pick today (along with tangential Cannabis play IIPR).
That was followed by CGC and ACB with TLRY coming in at #4. Now with my #1 and and #4 plays merging and largely rounding out their strengths and weaknesses, it is an even stronger #1 by a factor of 1, maybe 2 over each CGC and ACB.
Amazingly, TLRY is still dirt cheap sitting at 3% of it's $300 peak a year ago lol.
Price is even UNDER its IPO and BELOW its Value Channel here (magenta). Seems impossible it goes under $2 now so max temporary downside is very constrained.
TLRY now the Best Value Cannabis Stock out there supplanting long reigning champ OGI, which is my #5 play overall but quite underpriced ATM relative to the market.
I'm lookin to scale in most my position before $21 and watching it float up like smoke!
OGI to at least 2.91Look at the nice steps for OGI. Should hit the first box at least to 2.94. Follow the yellow (orange) brick road to higher levels. This, along with the potstocks sector looking for a huge boost. Wait for legislation to be anounced for a major gap up. A lot of front running right now.
[OGI] Don't Forget About This VALUE Cannabis Play!This is the best value play right now but TLRY is a close second after joining forces with the APHA powerhouse.
My last fractal was off but after shifting over the OG logic still holds...
OGI : significant volume in the past 4-6 weeksI add OGI into my watchlist with a price target 2.00 - 2.20 in 3-4 weeks. If breaks the blue line with high volume, new ATHs are possible I think.
- (W) chart : increasing volume
- (H) chart : bullish trendline
( this is my personal view, it is not a trading advise. )
Possible bullish trend after wedge completed on OGI- Let see Keep in mind you can lose money in the stock market!
Strategy and analyze :
Possible bullish trend after wedge completed on OGI- Let see
OGI completed a wedge pattern that can give birth to bullish trend but before the trend, a range pattern is detected. I think if we break the range by the top that means the trend is validated. for now, the best target will be point 5.
[OGI] Weed Treasure Map: Amazing Value... Primed to POP!How would you like to go back in time to 2016 and put money down on OGI before it 5x'd in price?
Well now you can for the low price of $1.26... no time machine required ;).
I'm in 2.5% at $1.42.
Gonna continue building position, dialing in the bottom.
TRADE GOALS
1. Double bottom - Completed
2. Mean reversion will raise the price a bit off floor
3. Price will consolidate down in similar pattern as before and then start breaking up nearing earnings
4. Earnings will generate FOMO (the better they do, the bigger the FOMO but I think overall this will be a big cannabis industry inflection point)
5. Price will spike 50% and continue climbing (probably targeting toward the green line to try to push new highs again)
6. Price will continue climbing within channel, possible major support areas (may jump above green and climb faster given proven price history).
OGI OrganiGram Holdings, Inc. 242.22% upside potentialOrganiGram Holdings, Inc. engages in the production and sale of medical marijuana. Its products include strains, cannabis oils, and vaporizers.
The annalists give a Consensus Price Target of $4.35.
The company has a 247.024M MARKET CAP with 7M debt.
Debt-to-Equity Ratio 0.25
Current Ratio 5.15
Quick Ratio 1.96
Looking at the volume, it`s just a matter of short time till the indicators will turn green!
If you are interested to test some amazing buy and sell indicators, which give the signal at the beginning of the candle, not at the end of it, just leave me a message.
[OGI] Pinned Down at Great Value... Load Up for Earnings!I know you guys are hungry for cannabis stock analysis so here we go!
Just ran through the stable and OGI is far and above the best value cannabis play right now. They also have earnings coming up on the 21st.
Its strong fundamentals make it one of my top 4 cannabis plays (APHA, TLRY and CGC are the other 3).
OGI and APHA are my top two long term fundamentals cannabis plays (TLRY and CGC fundamentals are a decent chunk weaker).
Honestly this thing is so erratic trend analysis is very noisy but the value here is clear.
Earnings whispers already signaling it could be a bit rough but there's also high chance of some positives that the FOMO crowd will latch onto and blow out of proportion.
Currently OGI is 1.5% of my portfolio and I'm looking to gradually scale in buys and ultimately double my position over the next week.
First buy target is tomorrow. I expect the market overall to start crashing down into August very soon and Fridays have been pretty weak for months now and OGI has been on the slide for awhile so will still hold off today.
If we get a FOMO spike, I'll probably end up selling off 40-60% in 2-3 20% increments.
Fully expect I'll have ample opportunity to rebuy well below whatever FOMO spike happens.
If no FOMO spike, no worries! This is a fundamentally strong company, you'd just need to wait another few months within which would be ample opportunity for another spike. If it crashes I'll continue re-upping 10-20% chunks in preparation for the next inevitable FOMO spike although the floor this stock has now set seems very strong and is well below the floor of other cannabis stocks (aside from maybe TLRY which has a pretty solid floor too). Also price is right on the floor, hence the great value here.
Ironically, their last earnings were a dud but last ACB earnings gave them (and the rest of the industry) a nice FOMO bump so any broader cannabis industry hype can easily bounce this thing around too making it a fantastic swing FOMO play.
Plant your seeds soon and lets hope for a bountiful crop after next week!
OGI was my 2nd idea on TView (now approaching 100 ideas!) and it held up pretty dang well (especially if we do get that predicted FOMO spike!):
Excellent undervalued pot stock. This is by far the better of all the pot stocks. It has broken its downward trend and is rising above the 50 ma. Also 20 ma is about to go above 50 ma. A reasonable exit point would be about 2.50., but with all of the recent emotion behind pot stocks... who knows what will happen.
IMO this is a good value and I’m in on a good position at 1.99. I expect to see a pop in the next few days once the short limits are hit. I believe this stock has about 8% short float.
