GrowGeneration NASDAQ:GRWG is approaching one of my favorite technical analysis setups as it gets closer to my selected historical simple moving average (SMA: the white and teal lines). Often, but not always (i.e. public offering news...), the price will jump to the selected historical SMA after a long period of consolidation - which has been occurring for some...
WM Technology NASDAQ:MAPS provides ecommerce and compliance software solutions to retailers and brands in cannabis market in the United States and internationally. After it's de-SPAC in 2020, it soared to $29.50 and now can be found for around $1.00. It's been consolidating at these lows for almost two years, and it may be gaining algorithmic traction for a move...
If you're bullish BTC, you should be even more bullish on weed stocks on a break of this descending wedge.
### Investment Thesis on Canopy Growth Corporation (CGC) This is not financial advice of any kind. Do your research! 1. Overview and Rationale Canopy Growth Corporation (CGC) is one of the leading players in the cannabis industry. With the potential reclassification of cannabis by the US Federal government, CGC stands to benefit significantly from increased...
If you find this information inspiring/helpful, please consider a boost and follow! Looks like wave 3 price action. The news is early so we shall see if the PA holds up. looking for the sharp move up to give a bit of a pull back. I would look to play the wave 4 of the wave 3 at this point, it depends, but that is my conservative variety. I can use the smaller...
Considering the recent political shift regarding cannabis scheduling and the changing landscape of the drug war, I am closely monitoring the prolonged underperformance of the cannabis industry. Since the legalization of cannabis in Colorado and Washington state, proponents have touted the potential of legal cannabis policies in curbing crime rates. We anticipate...
This chart is pretty explanatory, and probably doesn't require much explanation. I'm bullish on this stock. I'm 90% sure Dems push cannabis legislation through as it's a bipartisan issue for the most part, and will look good for both parties pre election. Starts with credit cards and banks, imo. Don't follow green line path as gospel, it is often incorrect, but...
Since the IPO, Leafly has lost over 99% of its value. Leafly's management team throws shares at retail investors on a monthly basis and feeds the short positions of hedge funds. As long as Leafly continues to get beat up by hedge funds, prices will continue to fall. There is steadily more selling than buying. The demand is very low. In the long term, the stock...
We've got an 0.886 Bullish Shark visible on the Monthly Log Scale Chart with heavy amounts of MACD Bullish Divergence, if we can reach the minimum Bullish Shark targets, then we should expect to see VFF reach 5 dollars in the coming months.
Lots of downtrend, lots of uncertainty, but this one could play out to be a major lottery winner. Earnings report recently released was a mixed bag, but it remains the book value is somewhere around $5. Trading well below that. Federal legalization could set off a powder keg but don't count on that anytime soon. My last call didn't work out too hot, but doubling...
Big potential gain coming up on a small stock that's cheap and has potential to run up to $6 in a short amount of time. Here's the current trading pattern. It puts a big candle wick nearly at the @ 2.33 mark, but shows retracement around 1.69. Should reddit continue to pick up this stock with pending cannabis news before April of 4/20, look for cannabis to...
TILRAY. Weekly chart. Fake CHoC and feak breakout. Hope you have an opportunity to SELL it. After 2.64 you have fib levels on 1.48 and who knows whats next. We also have large weekly support ar 2.43, so be careful there. We can touch it and then rebounce until 5.12 which is obviuosly Bullish CHoC. SUMM: SHORT — NOW STOP 5.12 LONG — ONLY IF IT BREAKS 5.12
it seems cheaty think smart is all im saying looks weak
WEED chart on the 3D time frame. -Weed looking good here, imo. 3D 13/48 MA cross imminent, but 48MA not yet turning up -Bollinger squeeze in progress, nice channel -Volume increasing These are the technicals I look for. None of this should be interpreted as financial advice, I am not a professional or certified financial adviser! all charts, and or analysis'...
Well hello there im jour personal guide for today in how to boktor alles zo in mekaar mjonge . did this with the help of analysis and statistici van die praat we nie
This is just a thought here - although this appears to be a never-ending downtrend, I wonder if this on-balance volume divergence signals something. This shows that buyers are willing to step in here a bit more aggressively than the previous "bottom," as shown by higher OBV despite lower prices - even though OBV has declined overall since its peak. We're also...
Playing this one. My entry at 3.37 Quick swing trade. removed all indicators for clear view of the plan. looking at an inverse head and shoulders pattern, target is the horizontal resistance level. Quick in n out.
Just a technical analysis. There might be reasons to buy in the near future.