This is just the beginning...Expecting considerable upside with this ETF. Three key targets listed as potentially only the beginning. Obviously fundamentals are important too, but I fully expect the world to progress sufficiently and allow this sector to grow effectively.Longby Pfletcher222113
How far are they going?!This ETF had been down since early this year and it hasn't improved ever since. At this rate, it just might return to the $13.50 zone where it all began. The MACD that I programmed that allow me to see 3 different timeframes all shows down DOWN DOWN!!!! Guess I shouldn't complaint about it. If you don't know what a downtrend is, you are looking at it and it is one hell of a good example.Shortby TradingCow224
Broke out of bull channel. Target 12.75Short AF. broke and closed out of bull channel.Shortby Agent_of_Maat4
Buying opportunityHMLSF has been in intermediate downtrend since Oct 2018 and is nearing very strong support zone. This Marijuana ETF boasts a 4.6% div yield w/ $800M AUM. This might just be one of your best bets for playing the industry "Safely" if you're looking for exposure to the industry.Longby Jrussell86112
It still going down. :PNot much news from the Cannabis industry beside all the ones you probably know. Yea, Canadian work slow~~ and the citizens are rebellious at times with their own weed plants and cooking up their own cookies. :P Something interesting came to mind. Why not look for stock that serve the Cannabis industry like [ Innovative Industrial Properties, Inc (IIP) ] There are probably dozen more stocks surrounding Cannabis. Will keep you guys up-to-date :PShortby TradingCow333
Expecting HMMJ to continue bearExpecting the bearish momentum to continue as the Cannabis market in Canada trying to stabilize between Black-Market Marijuana and Legal Marijuana. This trend is likely to continue until we can see some solid earnings. At the moment, the MACD momentum isn't showing any signs of slowing down. Will have to wait for few more days to see where the candlestick will land. Do keep an eye out for this ETF if you are a long term investor of Cannabis.Shortby TradingCow4
HMMJ to drop 20% and find support at 16.Based on ichi and a few other indicators, I believe we're going to bounce of the wedge we're making at around 16. This is 100% NOT A BUY right now, but I'd put a nice buy order at around 16.05 and play the bounce back up to about the top of the wedge.by TMoneyBidness3
History repeats itself - HMMJ to decrease by 20%It's just cyclical. Long term, HMMJ is a clear winner. Take profits now. Buy back at $17.Shortby brian76835
HMMJ going back down to 15$The cannabis market is a volatile one. HMMJ has risen quite a bit in the last couple weeks and is now overbought. It's time to come back down at around 15$. Selling will start after they pay out the dividends on April 11. I'm LONG in the longterm! But taking profit here makes sense.Shortby brian76834
acbacb over 9.35 is great entry long because VPOC is settling right there very good area of interest i have calls hmmj holds 21.19-21.37 area Longby EminiOs1
Charting #weedstocks - Macro view 7 Feb 2019New to #weedstocks, my experience is in trading crypto for 2 years. I am charting the HMMJ as a macro benchmark of the whole #weedstocks market. Experimented with a few different indicators here, the principle was to find indicators that would have been reliable over the last 18 months. Settled on: MA's (10 and 30), looking for crossovers to signify a change in trend Good old RSI Volume (not currently pictured) Clean charts approach, I want to minimise distractions and focus on the big picture. What I am getting from this: - #weedstocks tend to yo-yo, with short bursts of uptrend followed by prolonged declines. Expect this to continue in 2019 - but the pace might be different this year, it would be a mistake to assume it will trend in the same time intervals - I am looking for MA crossovers over a certain number of periods - RSI was clearly oversold in the last few days, would have provided a great indication of the current correction - As long as price is above the 10 MA, I think we're in bullish territory Will be good to see if this is borne out by the next few weeks. The ideal place to get in would be on support, at the point of a crossover. Yes, there have been fakeouts, this is where I'd look to employ leading indicators and look at their historical performance as a heads-up of the change in trend. My honest hope? We go back to support and I'm able to load up at that level on the big weedstocks like CGC, assuming there's confluence on those individual charts.by emotionallydetached0
hmmjhmmj : as per analysis made previously continuning to play out well needs or might get some pull back coming Longby EminiOs2
hmmjhmmj : 1.61 extension leads hmmj to 35$ target within next year..This was a A-B-C 5-3-5 zigzag correction normally we should get nice rally from hereLongby EminiOs2
$HMMJ Long Position in play. #ichimokukinkohyo #rsi #PotStocks$HMMJ order filled. See Chart for S/L, T/P.Longby saburdometals1
HMLSF expected pullbackHMLSF expected pullback due to high stoch and macd - was slight and DAMN another run on dopeLongby john_may1