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Weedstocks

Is CORBUS undervalued?At only $450mcap is Corbus Pharmaceuticals undervalued? 1) Corbus is different from other cannabis stocks as they are designing therapies around marijuana to treat fibrotic diseases. If these therapies work, some analysts put the value of their potential sales at $2bn a year. 2) At a small marketcap of $450m, Corbus could be a real untouched gem in the cannabis industry, compared to its competitors with $4bn+ marketcap. 3) After an agreement with Japananese Kaken Pharmaceutical, Corbus is on the way to receive an additional $173m upon achievement of various milestones
NASDAQ:CRBPLong
by insidebitcoinschris
Bull flag pattern on CGC. Could look to move higher.CGC is currently within a very clean bull-flag pattern. We also have the 100/200 day moving averages right around the bottom of the bull-flag. I will be looking for a break-out above the descending line of resistance, and if we get that with some conviction, we could see CGC run back to previous highs around $55-60. Moving average guide (All daily for this post): 50 day moving average in Green. 100 day moving average in Yellow. 200 day moving average in Red. Entry: $40.00-$45.00. Target 1: $51.00 (top of the flag-pole.) Target 2: $56.60 (prior resistance level.) Target 3: $59.25 (previous peak.) --Not looking for any further targets after target 3, as a break above $59.25 would take CGC into a new price discovery phase. SL: $38.25-$39.25 depending on risk level. (Below the 100 and 200 day moving averages. Just be aware of wicks.) -This is not financial advice. Always do your own research and own due-diligence before investing and trading, as for investing and trading comes with high amounts of risk. I am not liable for any incurred losses or financial distress.
CLong
by Deftsuo
1
CANOPY - Possible BULLISH Pennant breakout to new highs of $80Trying my beginners luck on my first post on stocks. I've been watching price action for Canadian weed stocks the past few months and it is now finally breaking out of bearish bias, especially Canopy. BEFORE entry, please look for confirmation on candlestick patterns or price action at important S/R lines. If this chart helped at all, leave a like or follow. I would love any feedback/advice about my chart to correct any of my mistakes and learn more about TA. DISCLAIMER: Not a financial advisor, I don't suggest using my ideas for your own as I am a complete amateur for TA. Good luck to everyone!
TSX:WEEDLong
by pjgonzales
RQB Trend Line (Close Watch)Hey guys, so I'm a young eager investor and I've taken up technical analysis as my focus. RQB is not a stock I place much value in through technical analysis.. as it's a speculative. For instance HC licenses change everything. However, I want you to take a look at the daily volume on this stock. Notice there's been a whole lot more buying volume (green), than selling (red). That's a good thing to see, especially before a breakout... those HC licenses are gonna be printed on shets of green paper. In addition, I marked a trend line about a month ago... and we're still bouncing off of it. We're getting close to the line... so it will be interesting to see if it continues to trend downward or if it's gonna be increasing finally haha.
R
by adam.brockbank
CGC continues to tighten in Equilibrium PatternCGC is currently in a very tight equilibrium pattern. Although these conditions are not ideal for active trades or anyone looking to trade short term, they are ideal for those of you whom are patient and are willing to wait for a break to enter a short/long position. Equilibrium patterns are my favourite pattern to trade from upon breaking as there is generally very significant movement to whichever direction it breaks. Please note, although not textbook due to amount of time, some may argue that this is a bull flag scenario. I will keep everyone updated as to what positions I open for CGC.
C
by CryptOReilly
Canopy GC: High return long term investment.Canopy Growth Corporation is on strong long term bullish price action both on 1W (RSI = 58.856, MACD = 4.873, Highs/Lows = 2.6189) and 1M (RSI = 66.122, MACD = 12.099, Highs/Lows = 7.3414). Since mid 2017 in particular, it has been trading on Higher Lows reaching +1000% in growth. Using the Pitchfork to identify the pressure zone, we estimate that the asset is close close to a bullish accumulation point (Higher Low). Out moderate Higher High target is 110.00. ** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. ** Comments and likes are greatly appreciated.
TSX:WEEDLong
by InvestingScope
Long Position on Aurora Cannabis INCThe news about the sector looks like it´s a new commodity to add to our watchlist of stocks, furthemore the company have to ways of growing the bussines. The medical and the recreative way, so they grow the capacity of production and the customers are growing worlwide. In my opinion this company have a long travel and i want to follow very near, i just bought 500 stocks at 7.06, lets see where the company arrive, i will add another position if it touch the level of 4.5-5, and then wait until the next benefits on may.
ALong
by rubenmayol
I think Canopy Growth will retest its support in the coming week I think Canopy Growth will retest its support in the coming weeks. Much based around the accounting error and no short term catalyst to move the SP higher from a already high SP, price near ATH. I think Canopy Growth will find support around $48-55 Cad or as low as $40 Cad, depending on more factors then only Canopy. And with positive news around the Cannabis market not having a significant impact on the share price, i believe it impact the sentiment to become more positive towards Cannabis market, see it with a little bit less risk. And with risk in mind, i think most well known companies have there share price reflecting the risk in the market rather then the potential of the market. When the shift comes from investing for the potential rather then the risk. I think the good companies will have lower volatility and a steady SP and healthy technical moves. Rather then this risk investing climate, with high volatility, fast up and down moves and SP destroyed in a couple of days/weeks. Based on the belief stated above, i think the SP will move down from 60 range to 40-50 range depending on sentiment/ things unknown to me. And from there trade in an range until a leg up or down, or a shift in the sentiment.
TSX:WEEDLong
by LifeOfInvesting
Hybrid Analysis (RTI.TSXV)Overlaying fundamental factors on technical information (known as hybrid analysis) allows for analysts to understand what moves the market. Hybrid analysis is useful in particular when it comes to stocks and options (as opposed to currencies and futures) as direct links can be more easily drawn between stock price and fundamental factors. When used in penny-stocks, knowing what moves the market is key to making rewarding trades whilst minimizing risk. Hybrid analysis requires good understanding in the economic factors that move the market, knowledge that is often overlooked by retail analysts.
REducation
by TRADINGTRADER22222
1