GNLN trade ideas
Positive Swing Idea for GNLN? In light of all the bullish movement we saw last week with Cannabis, I believe that this one has a swing potential in the coming week.
The 4 hour chart here has shown some bullish candles and fairly healthy volume over the past week. There have been some fairly good AH trading with some consolidation happening around the 0.70 zone. I have an entry at 0.70 with some dotted points on when I would be scaling some profits along the way. I anticipate that a break above $1.00 could represent a nice push for those who are scalping.
*Not financial advice* - Just simply enjoying the learnings and journey of trading
GNLN Vape Industry Going to Boom all the way to earnings 7.50+You will see that fall is one of the best seasons for the vaporizer, and cannabis industry. Greenlane holdings is going to prosper this quarter to give you guys the best EPS they've ever had out of any quarter. If you have #stock inside #GNLN stock you will want to #invest in the #vaporizer #company so you can do a good #call #strategy with #options.
Bullish Gartley Coming Off OversoldI honestly have room to hold this one forever but as a trade i'd put the stoploss below the .886
This looks like it could be the start of a bottom though as it was just very oversold and is now trying to break above the 50 line on the RSI so i would aim for big bullish targets here.
Greenlane Holdings - Double Bottom - Cannabis Reform LegislationIf this $30 stock double bottoms on a dollar..... All-in!
Epic Economics. Mr. Market presents opportunities. Not of the Crypto Ponzi Pog type. It's #cannabisboom2021 time.
$GNLN #thegem
It's IPO was $17 in April 2019 and hit $29 same day.
They're twice as big when Kushco Mega Merger is completed. Anything under the IPO will be a steal.
Elon's $DOGE pup #failarmy stole #420day. We're taking it back.
Cannabis Saves Lives.
Short Idea: Greenlane Holdings Inc GNLCGreenlane Holdings Inc (GNLC) is a distributor of vaporization products and consumption accessories in the U.S. The stock got a huge pop on news of a merger with KushCo Holdings.
However, Kaskela Law LLC announces that is investigating Greenlane Holdings to determine whether GNLC executive officers and directors violated the securities laws and/or breached their fiduciary duties in connection with the proposed transaction, as well as whether Greenlane shareholders are receiving all material information in connection with the proposed transaction.
Greenlane also has a weak balance sheet, free cash flow negative and heavily financed.
Target: $4.25; $2.00
Exposure: 1-2%
Greenlane Holdings & Kushco Holdings Merge - Amazon of WeedAncillary Business. No plant touchy. Massive 17M volume today which is over twice the 7M volume on its IPO at $17 (20x+ typical vol). Don't forget it hit $29 on its IPO day in April 2019 also. Too bad that vape lung thing was so scary and people lost their minds and sold out. lmao. Well, now the saucer is gone but it's gonna turn into a large cup. Buy it before it starts making new highs.......Watch it turn to a billion dollar business this year. Even Dutchie got the $1B valuation. lolololololoolool. Weed won. CANNABIS BOOM 2021 is underway.
Hold for decades!
One marijuana stock set to make more movesI've been observing this for a while. Please do your own research. This is for education purposes only
Two lowest lows in yellow.
It broke, tested and failed 4.20 as a wall many times. Will it be support in the future?
There may still be some upside to it marked in Blue Lines
Any advice or suggests or comments would be apprciated
Bullish Bat on MarijuanaEducation and entertainment purposes only.
This is my first Harmonic Pattern I've identified; Bullish Bat. The A-C position is off by .004. The X-Center is off by .03. If you have some suggestions as to what this tiny fraction of a percent could mean, comments and suggestions are welcome.
I found this to be bearish but I bought in faaaaarrrr too early and thus, extended my long position. But, now I feel that the time has arrived for another Bullish trend for GNLN.
I think a target of 7.12 is reasonable profit taking area. 9+ is to the atmosphere
Likes and suggestions, comments appreciated.