HMMJ Pot stock ETF short term bounce... long term short.HMMJ finally at last line of support. If it breaks down here then things look very dire for this etf.. my guess would be next support at 2 - 5 dollars. However.. if it bounces here which I think it will.. look for a retest of the lower bearish channel and create a running triangle which would likely break down. The only reason I could see this reversing is if USA federally legalizes pot. After the running triangle.. downside target still 2-5 dollars.Shortby Agent_of_Maat6
The Canadian Cannabis CrusaderFollowing large OI changes and trends in the HMMJ option chain.Shortby GeneralValkova112
[HMMJ] HORIZONS MARIJUANA LIFE SCIENCES IDXThe Searching of a PotStockBottom ... HMMJ The BigPicture PriceLine Chart RENKO RSI+MFI second view third view PriceLine Chart RENKO Laguerre PPO 4C by PM-TradeUpdated 6
HMMJ - Will these gaps fill?Back when this was $20, I used the Ichimoku cloud to determine it was going to hit $16. See it here: Since, them it's been steadily free falling, and we've got several more gaps to fill that will drag the rest of the sector down with it. The next gap to fill is 9.83, which I most definitely see happening. However, there's a very small gap at 9.13 which may need to be filled (although, I'm not sure how significant such a small gap will play, especially after the sector has been selling off since February! See my analysis of WEED to see where this really get's interesting. Finally, did you know HMMJ has some spin off leveraged bull and inverse ETFs? I know when we reverse, I'm throwing some money into HMJU. Check them out here: www.newswire.caLongby TMoneyBidness5
long the weed!bear market in full force has begun but this looks like a good place to see a short- medium turn bounce. Not taking this idea. Just for fun.Longby rjtchchUpdated 3
weedweeed & hmmj not chagin or guessing bottoms...ugly charts at moment..let's be patient for entries Nice gap and continuation would be best play to watch for reversalLongby EminiOs114
HMMJ, Cannabis resurrectionHMMJ, The cannabis sector is going through what is now a 6 month long downtrend, and we might be near the end. Setting us up for a Bull run through october and into the Earnings season, where hopefully we will see companies as Aphria, VFF, WMD etc. continuing there recent performance and build on and hopefully a resurrection of c CGC and TLRY to lead HMMJ to new hights. On the Chart we can see the 6 month parallel downtrend, now we are touching the lower trendline and also around a potential support level, where we can see a bounce back up to the upper trendline, which is also a former support line. I have outlined the 4 potential support zones, if this doesn't hold we could go lower and see 12 before the rise. The volume has increased the last days and is at the highest level since the start of the downtrend, could indicate we have reached the bottom, as support steps in and weak hand sells out. A bullish divergence has also formed on the RSI. Happy trading Longby UnknownUnicorn20343816
HMMJ - Bullish count Marijuana etfAs always, there are alternative counts but this count will be negated for sure if the downtrend continues below 13.43. Whatever the faults of this count I can't help but feel that we may be witnessing some sort of protracted correction before things resume higher again. Longby tomj2417Updated 3
Weed stocks looking weak!Watch for new low’s here as canopy lost a billion dollars and aurora missed earnings. TRST license suspended. target price 11.97 by derekh424
$HMMJ bottom? HMMJ has been on a downtrend for a long time; however, the bounce is imminent considering the fall run that we might see soon. GL ! Longby Ou1laws3
Minor rebound back to the EMAsThis ETF have been steadily falling over the past 5 months reaching a low close to $13.50 which is the December drop. I suspect that this is an important zone for investors to maintain this support. A minor rebound is expect back to the EMA and perhaps run along side ways. Keep watch.by TradingCow2
HMMJ - Look for a bounceHMMJ could bounce at any of these support levels. All have solid price history. I will be monitoring for a good bounce and a resistance-to-support flip before getting into this trade. by emotionallydetached1
Weekly H&S HMMJ is falling down weeks after weeks. I think we are going to hit 13.Shortby metalfish0520Updated 3
Will it go up soon ?Yesterday, HMMJ had a big up candle stick with volume. Although the price is still under the down trend line, but I think we can expect a going up soon. Wait for one or two other sticks for confirmation. - The price hit the 0.786 retracement of Fibo - RSI divergence - MACD is crossing up Longby metalfish0520Updated 222