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Weedstocks

SNDL confirmed bottom with Classic Bullish DivergenceSNDL finally putting in a higher low. We got that Classic Bullish divergence and now it appears SNDL has backtested weekly support as support yet again at $0.46. The chart is saying we're going to get some sort of rally. Keeping the stop loss below that previous low around $0.40 makes sense when SNDL can easily go on a 50-200% streak in the next month or two...or it could fail. Keep emotions in check on these weed stocks. Entry: $0.50 1st Target: $0.92 2nd Target: $1.10 3rd Target: Moon Edit: Ignore the white line on the RSI, that doesn't have anything to do with my trade setup. The MACD is the classic bullish divergence.
NASDAQ:SNDLLong
by MediumOfEscape
1
SNDL - Day of reckoning coming for weed stonks? Weed stocks are having a great week so far and I don't think the fomo has kicked in yet. SNDL is breaking out on weekly into the new channel and can squeeze higher above a dollar. I think this will continue running into month/quarter end and potentially 5-7+ dollars into Q2. This entire sector has been beaten down for years as money has shifted into tech and growth. As the Fed tightens, people will look to value vs growth and this sector is at/near all time lows. Risk to reward is a no brainer.
NASDAQ:SNDLLong
by Jigstack
2
Aurora Cannabis (USA: $ACB) Ready To Get High! 🌿 Spring 2022Aurora Cannabis Inc. produces, distributes, and sells cannabis and cannabis derivative products in Canada and internationally. It also engages in facility engineering and design, cannabis breeding, research, production, derivatives, product development, wholesale, and retail distribution activities. The company produces various strains of dried cannabis, cannabis oil and capsules, and topical kits for medical patients. It also sells vaporizers; consumable vaporizer accessories; and herb mills for using CanniMed herbal cannabis products, as well as grinders and vaporizer lockable containers. In addition, the company engages in the development of medical cannabis products at various stages of development, including oral, topical, edible, and inhalable products; and operation of CanvasRX, a network of cannabis counseling and outreach centers. Further, it provides patient counselling services; design and construction services; and cannabis analytical product testing services. The company's brand portfolio includes Aurora, Aurora Drift, San Rafael '71, Daily Special, AltaVie, MedReleaf, CanniMed, Whistler, Woodstock, and WMMC. Aurora Cannabis Inc. is headquartered in Edmonton, Canada.
NASDAQ:ACBLong
by DEXWireNews
Weed stocksTLRY, CGC, SNDL, ACB So far this year looks like the weed stocks have found a temporary bottom. Most are curling off the bottom. TLRY has lots of resistance above but last few days has been pushing with increasing volume. Just keep an eye on them if they really start squeezing. Most likely will be looking at some calls this week to see if we can get some follow through. Of course it has been in a nice downtrend overall for over a year but I do like what I have seen last few days.
NASDAQ:TLRYLong
by InvestBro13
SNDL gets pep in its stepNot a financial advisor. SNDL has been dragging along in the market. It needs to reach compliance - with the markets shifting green we could very well see the much awaited spark here. 3 white soldiers reversal up will solidify that run. It would certainly attract more investors. This is a high risk play - But one I'm willing to make. Momentum is shifting back. RSI turning up MACD & TSI looking to cross soon. All of which indicates bullish moves to come. One to keep an eye on for the month of Feb. Who knows, maybe Weed will be legal before 4/20 - would be great for business.
NASDAQ:SNDLLong
by StofAxeCapital
Chronicle Logical GainsFound this beat up old emerald mine collecting dust. Time to keep those puffy eyes peeled for the imminent breakout. For starters there is a classic diverging MACD tilting upward into price decline. Now taking a look a volume it's clear where traders have come in before. More often then not these levels are reactive so could be a move coming. Should that break lead to the next rally then there is a nice 100% gain to be had at the target above In addition the weekly chart shows momentum starting to curl up and there is another level to mind
NASDAQ:TLRYLong
by trade-God
$TLRY is looking for a Pump!$TLRY is looking like it is getting ready for another pump once it breaks out of current trend. My points being.... 1. Strong Bullish RSI Divergence 2. The Old Supply area is acting as a New Demand level as seen with the red arrows 3. TLRY is creating a Falling Wedge Pattern which is known for being a bullish continuation pattern 4. The ATR is in an uptrend which means TLRY is gaining volatility. This is very important for breaking this wedge pattern. My key resistance levels are listed. Trade at your own risk and always buy/sell after a clear breakout and/or retest of the old trend! Trade safe!
NASDAQ:TLRYLong
by USBullsBears
6