HITI to $4.20?Impressive revenues and new store openings, coupled with an eagerness to expand into other countries, could signify just the beginning for this cannabis company.Longby WSMS199Published 0
A Rising TideHITI $250M Marketcap Beat earning 6 quarters in a row From FWB:30M to $450M annual revenue growth the past 5 years, Cannabis market is growing and US legal ease will only accelerate. Nice bottom formed and ramping up. Take profits at first resistance $6-8 Then good 5 year play. Longby lillybearPublished 0
$HITI HOLD/BUYTA: - there is usually a daily short-term resistance to MA50 (blue line at $2.50); - the problem will be at $2.74-2.78 at the annual low of 2021 and at 23.8% of GNH, where it has already resisted twice: 17 May and 31 May '22 ; - on the one hand we have a strong support between $1.47-1.79, which should not be broken anytime soon (or even ever) - as we would have to talk about a marketcap <$90M ; 'Realistic' target prices in my opinion: I'd say short/medium term (<1 year): $3.15-3.20 or even $4.25 // long term (>1 year): $4.25 - $6.80 I've also reduced the EP a lot... that's why I have smaller targets than the ones we had at the beginning, which for me have been unrealistic over the last few months. Analyst Price Target on HITI ↪ $7.44 upside 365% (source TipRanks) (i) High Tide Inc. engages in the cannabis retail business in Canada, Europe, the United States, and internationally. The company designs, manufactures, and distributes smoking accessories and cannabis lifestyle products. It is also involved in the wholesale and retailing of cannabis products, as well as operates and franchises licensed retail cannabis stores. In addition, the company provides data analytics services, as well as operates Grasscity.com and CBDcity.com platforms. As of July 13, 2022, it operated 128 retail locations in Ontario, Alberta, British Columbia, Manitoba, and Saskatchewan. The company was formerly known as High Tide Ventures Inc. and changed its name to High Tide Inc. in October 2018. High Tide Inc. was founded in 2009 and is headquartered in Calgary, Canada.Longby SIXONEchartsPublished 4
HITI Bounced off resistance and heading higher ahead of earningsMy thoughts on HITI with current progress made by the company with acquisition and openings of new stores. Earnings are coming out on March 7th which I think will be well received. If we breakthrough resistance around $7.50 we could head higher towards $9.80. MACD cross should see price continue to increase over the near term. We could see some resistance around $6.60.Longby secretsanta007Published 1
HITI CRAZY MOVES! HIGH WATCH HITI Sitting right above that $7.80 resistance and has not moved AH... This can potentially be a PM Trade Or it can ease into open we just need the same average dollar volume as we did at close on Friday These are my three PT's above 9.70s is ATH and we know what happens from there Longby Ubaidy100Published 1
Long Term Buy on HITIAs many of you already know, I've been bullish on HITI for quite some time, waiting for the right entry. This is one of my favorite cannabis stocks, and I'm bullish the cannabis sector overall. This may not be a quick play; I'm expecting to hold my cannabis stocks for quite some time. On the daily chart, HITI made some lower lows, while the RSI made higher highs. This divergence is nice, but not enough for me to enter. On the hourly chart, we saw the asset hold this support line after an upward move on November 8th. In addition, price was above the 50SMA on the daily chart. I entered at end of day on November 8th. By the end of the week, HITI was up testing the 200 period SMA. If we break north of this line, I will continue adding to my position to build it. Longby MRobertsTradingPublished 110
About to break resistanceI see this hitting $8.30 before bouncing and crossing resistance around $8.95. The next point of resistance is likely around $10.90. Lots of institutions buying up this stock in the last quarter. More coverage from analysts. Longby secretsanta007Published 1
HITI Update - LongHITI Update Long - Trade Idea Multiple confirmations to take this trade, long hold! Thanks, TPLongby TraderPapsPublished 223
HITIHITI will retrace a little further. Be patient with your buy order and hold to at least 11.39. Buy 1: 6.70 Buy 2: 5.80 Stop limit (close) 5.30 Sell 1:11.39 Sell 2: 13.60 Longby BasBaasPublished 110
HITI ready to bounceAfter a triple support convergence on 17 June and a strong bounce-up on 18 June, HITI is again nearing the long term support line. I am long HITI and will add to my position on the next bounce. Longby springhtbPublished 2
HITID ( Elliot wave forecasting on HITI )On HITI, we can see the ABCD triangle pattern. should be the 4th wave. Now it is trying to complete the 5th wave. We can expect that this will create new highs soon .Longby AmithSUpdated 339
Bouncing within a Falling wedge patternA falling wedge pattern is forming. Buy upon breakout. RSI looks very oversold. Expecting a small bounce upwards from here. But a continuation of decline. A breakout from a falling wedge pattern depends heavily on buy volume. by oilyprataUpdated 2
HITI stock of the year??? (SOEZ)I'm not going to get into the fundamentals but they're actually amazing and you can and should do your own research on that but the technicals right now look absolutely insane. It's consolidating in a symmetrical triangle and now it's showing a sign of a double bottom pattern within the triangle which means it's go time. I am aggressively adding to my position until it breaks a dollar. Honestly, soez, don't miss this trade. Longby SpraycoolUpdated 557
My thought on HIFI First of all, I do not know much about the company or the industry. This is strictly based on my experience of (or inexperience, haha,) technical analysis of its trend. I have had my eyes on the industry and have begun reading and learning more about it. However, HIFI looks like a newly listed company with brief stock trade history, which means this wild company is risky and hard to analyze. However, based on what we have able (and wishes :)) My goal is to buy low. So buy target is down @ 0,3, to fill its gap. It can take weeks or even months, maybe not even at all. I will follow this stock for a while and learn more about its industry. Do not get mad at my bearish thought. I am just careful of my investment capital. Fluff outby LovelyfluffybeardUpdated 114
HITI.CA: Bullish Flag, confirmed (85%)Bullish Flag, confirmed (85%) Pros: Volume at post Descending volume during flag forming Volume at break out (some) PPS above 50MA RS above 0 R/R ratio above 5 Cons: ATR flat No 200MA No 250RSI RS descending Target: PT = 1.39$ Help how ever you can to keep this alive. Thank you to those who have donated Coins! Always do you own Due dilligence. This is not financial advice. Stay Humble, have fun, make money! Education: www.dailyfx.com Longby LeLafPublished 2212
Price targets after positive earnings?Expecting High Tide to report positive earnings. But lead it to touching the Upper Channel trendline.Longby oilyprataPublished 4
TSXV:HITI could hit $1 againLooking at how they are doing and the updates about the company and the fact that it shows an upward trend says that it could hit $1 again. I am totaly new here and this is what i kinda think would happen, what do you guys think?by rtp703Published 225
HITI trend . NEXT day 17 FEB the next day is a key point Heaven or HellShortby huangyongda7Updated 12125
Could this Hanging man show a potential trend reversal?Future buying opportunities could be coming! Longby oilyprataUpdated 2
HITI.CA: Bullish Flag, confirmedBullish Flag, confirmed. Descending volume during formation Volume at break out PPS above 50MA RS above 0, and ascending ATR Ascending R/R ratio above 7 Cons: No data for 200MA and 250RSI New ticker PT = 1.08$ Longby LeLafPublished 8813
A correction before further high for high tideAfter 30-50% rise in a 5 days. HalleluYah! It looks a little overbought. Am expecting it to correct slightly before heading upwards. Still holding within this time! Am bulllish in the long term: 1. Profitable company 2. Ecomm platform strategy for US and Canada 3. Pending Nasdaq listing 4. Possible Democrats decriminalization of weed. 5. Pharma companies have started investing or acquiring weed companiesLongby oilyprataUpdated 6