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Weedstocks

If chart goes up black line !EVERYTHING IS POSSIBLE! (Big event)If chart goes up black line !EVERYTHING IS POSSIBLE! (Big event) And to 24 FEB to 8 MARS= 2 choices 1: The bottom after the big bull Event! ( around 5.48$- 5.67$ ) after that another bull because is the max bottom line. OR 2: The maximun Bull trend ( if the chart doesn't go up the black line ) and after that bear trend. ( the bottom will be 4.50$.. something around that) I choose option 1 because : -spyk etf J&J Vaccine efficacity will be on top at this time. -WEED will be legalize in entire USA in this period too -is the fucking futur soo bull all in!! imposible human can go futher with out fixed mental issue! mental issue is not imagination for creation! mental issue are BIG WALLS. and everyone know right now we are at the top of thechnologie. SOMETHING BIG WILL CHANGE. LIKE THE INITIATION OF INTERNET. MAYBE CLOUD INTERNET...LIMITLESS PERFOMANCE. MAYBE REAL A.I ACESSIBILITY MAYBE ROBOT WHO TAKE PHYSICALL WORKS MAYBE EVERYTHING WILL BE AUTOMATIC IN A WAY THAT CHANGE ALL OUR ENTIRE HABITS ( COVID IS A GOOD INICIATION)
MLong
by CharlesGhavidia
Successful trading is about managing risk, not avoiding it. Hello All, This is the first idea I am publishing in Tradingview and I decided to select the topic of risk management, specially after the dramatic increase and subsequent decrease on prices which we have seen in TLRY and other weed stocks this week, all mostly happening in 48 hours. If you just started trading and got involved on weed stocks, you probably been though a very painful experience because a lot of your precious money is probably gone. As trading becomes more and more popular, many new people join the market but without understanding the very basics of it and without considering risk management. If you are one of those new joiners, I strongly advise you to improve your knowledge about risk management. here some basic rules: 1. Set a stop-loss! 2. Position size = (risk*budget) How much money you invest. 3. Entry point : When to buy 4. Exist point: When to sell. To put it very simply, never buy a stock because it has gone up or sell one because it has gone down! I think the case of TLRY is a classic example of this. So, what I described here here is just very basic. You should and must educate yourself about risk management, otherwise trust me you will regret your experience as trader. PS: If you are new to this, I recommend you to read a very old but classic book about investment called "The intelligent investor" by Benjamin Graham. Let me be very clear that trading is not the same than investing. Which are you. really? Have a good weekend!
NASDAQ:TLRYEducation
by Jamie85
SNDL - lets grow some greenThey say money doesn't grow on trees.. well I say otherwise..Wait for the MACD to cross then I'm going to grow some money on the SNDL tree. Bounce off the 100EMA, last time was 25% away from it, this time the same. Now that's just speculation on my part and is somewhat meaningless, what matters most is that it is above the 200MA and the MACD signal line below 0, just wait for it to cross and let probabilities do the rest! But do not enter too early! Happy trading! Like/Follow and share.
NASDAQ:SNDLLong
by Verum0
12
Getting In Before The Boom (MJ)A lot of stocks are booming. Big tech has seemingly been on an endless uptrend, as society has become efficient to a fault. We have been struggling with this pandemic for a year now, but we're starting to see some sort of "end" on the horizon, despite a lackluster vaccine rollout in many places. Once things open up again in places hit hard by the pandemic, I think we will see a LOT of partying. People will also be burdened with enormous amounts of anxiety. Couple that with a need to let loose after a mini "dark age" and I think Marijuana will see a huge amount of demand. Universal legalization is also around the corner in the US. It should also happen quite soon in New York. I originally had my eye on pot stocks back in 2018, but decided to purchase only crypto. This actually ended up being a lucky financial decision, because crypto has generated profit for me, while buying pot stocks would have given me sideways price action at best. Based on the sector's reaction to the lows, I think we can finally see a sustainable run in pot stocks. I bought MJ (the weed ETF) because it's protected from the volatility and uncertainty in individual stocks like TLRY or CRON. Some of those might offer great returns, but MJ's dividend payout is over 3% at the moment, which is pretty nice. I don't think this is a terrible choice for a long term investment, and I have to start somewhere. Sure, if the market falls apart, MJ could test the lows again (near $10), but I would take this as a buying opportunity. My plan is to dollar cost average. From a technical perspective, if MJ breaks out from this horizontal resistance (pink on my chart), it can go to all-time high fairly quickly. I'm eyeing a possible rejection here as well, which could give me another buying opportunity. I have bought twice recently, with a $19.59 average entry so far. Looking for all-time high valuations and price discovery. Let's see! This is not financial advice. This is for personal use, speculation, and entertainment only! -Victor Cobra
AMEX:MJLong
by VictorCobra
4
GrowGenerationThe Giant has awaken!!!GrowGeneration you have my attention!! $53 is a key level. I want it to break. There is so much hype in Marijuana stocks right now that Wall Street will short it after this mini bull run. This company is in its prime and showing alot of strength. The debt to asset is 19.64% I love it!! Quarter earnings have been nothing but good. Cash Flow is nothing but a uptrend. Balance sheet uptrend. Income statements pure uptrend. Seems to have all there ducks in order for legalization. I expect 1 more dip and we will be there to buy. Im hoping for this head and shoulders pattern to get a better dip. They belong to a ETF $CNBS which is good
NASDAQ:GRWG
by FreshfadeIsh
1
$POTX My Favorite Cannabis ETF to the moonThe Top Cannabis ETF is $POTX. It consist of your top favorite cannabis companies into one ETF. Companies like Tilray, Canopy Growth, Aphria, Aurora Cannabis, and more ... Cannabis took its first hit today and we need one more to buy. When they cry we buy. Set limit orders at my horizontal lines. This stock will go to the moon and is a SLEEPING GIANT!!! The Biden Adminstration will help this fly, we have upcoming news. Be patient and dont dive in all at once because of the fomo. Alot of people are trapped at the top of marijuana stocks lets buy the bottom and meet them up there. Target $100 or better this is long term
PLong
by FreshfadeIsh
1
KERN Prime For a Bull Run Akerna is a cannabis support company and provides tracking software to cannabis companies all around the United States and Canada. Akerna is well-positioned to profit from national cannabis legalization. Akerna's Q3YR2020 financials reveal steady revenue streams via subscription services, but they are not in the profit zone yet. Up 50% in 3 months, Akerna's stock price has performed well recently. Akerna should be added to a weighted basket of cannabis stocks in your portfolio.
KLong
by kinhtr
Sundial MT (February 2nd 2021)Sundial (SNDL) (February 2nd 2021 through 2022) Low: $0.56 - $0.60 High: $2.09 - $3.30 - $5.22 This is one I have been watching for a little while and found an excuse to chart it last night with Cindicator asking questions about for a forecast. As it's a cannabis company stepping out of its first gnarly bear market into a world of expanding marijuana freedoms, I have reason to believe this will be very bullish in the coming year or 2. Potentially will exceed my fibonaccis by a couple golden multipliers if the bearish reactions aren't too severe for each new notch Sundial goes up. Definitely a good penny stock to watch for the future, potentially great opportunities here. Most of my fibonacci price action makes sense (to me) and leads me to believe this could be 1 potential working fibonacci setup. The paths are a little bit messy but just gives a general idea of price action I expect to happen. It could happen or slower than I expect it to as well, many things to watch out for but I only hear of more and MORE positive cannabis news in Canada and the USA. In my opinion, the USA's MORE act will help immensely when things really get rolling if it happens like I think it could. Potential cup and handle forming in this chart? If the next few months go "parabolic," I would definitely look for any short term selling points around $5.22 to re-buy at slightly better profit just under, maybe near $3 or $4. Even that scenario might not happen perfectly but I will be watching this one closely in the future if I can help it. Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that you have your own strategies and plans in place. I run this channel for my own educational purposes of learning to trade, and I will never be 100% right, so please do not let me confirm any bias for you! (Dangerous to do so, stay safe and remember the basics & rules of risk assessment.) Expect the unexpected and happy trading!
NASDAQ:SNDLLong
by Hambooger
SNDL Triangle Breakout! 30% move possibleNASDAQ:SNDL SNDL is at the forefront of the robinhood/hedge fund fiasco and is getting extreme attention. Just search it on twitter and stocktwits to see what I am talking about. I don't normally trade penny stocks so I am treating this as a riskier lotto play. My current position in SNDL is at shares at .83 and $1 march calls. I played SNDL on the 27th and was able to lock in >100% on that beautiful gap up. Now I am back for another go. Chart: there is a beautiful triangle pattern developing that is posting higher lows and becoming extremely tight. The key for a breakout tomorrow/tuesday will be the volume. I would love to see a bullish close and at least 1 billion in volume tomorrow. higher probability trade would be to wait for the triangle breakout with confirming volume. SNDL has received massive volume the past two days of trading (2bil and 1 bil respectively). Its 10 day average is 557 million. This is a pure momentum trade for me and I will likely have my stop loss under .72 as this confirms a lower low and failing of the triangle pattern. Volume profile: the daily POC is at the .6940 range, I dont expect to still be in the trade if this lvl is ever reached. The POC for the past three days of trading is right at .8045 lvl, this is just about the current price level. If we cannot hold above this lvl then I would be weary entering the trade until it reclaims if you are not already in. There seems to be a solid support at around .7496 and I currently have an extended hour order in to catch some dips in the morning if this happens. I have a hunch that SNDL will be gapping up. I am looking to scale out of the trade at $1, $1.20, $1.50. Good luck all!
NASDAQ:SNDLLong
by DOpeTrades
4
Swing Trade: 🌿Cannabis stock on the heat! TLRY Breakout RunHi fellows, just one of my today swingtrades: Nice setup for breakout in NASDAQ:TLRY . Cannabis stocks are set up for nice run after Gorgia senate election. ------------------------Trade setup --------------------------- Entry: 11,35 Stop Loss: 10.66 Profit target: 13.50 Time stop: 5 days ------------------------------------------------------------------ If you like the idea, do not forget to support with a 👍 like and follow. Leave a comment that is helpful or encouraging. Let's master the markets together.
NASDAQ:TLRYLong
by Tomasgei
1