Leroux

Leroux Updated 

1 We are in a monthly support zone (We are long) 2 On the weelky we reverse to the upside but we did not rebounce from the actual low and the stock fall lower. 3 Divergence on the weekly Low low 4 We are testing the 1.618 FIB level of the previous weekly rally (Reversal on daily) 5 + Logic volume to suggest a rebounce from the 1.681 FIB level.

Leroux

Daily divergence on a higher time frame key level Good entry point on the previous support

Leroux

Daily divergence on Higher Time Frame key level = Bullish Extension on the the 1.618 fib level extension. Great entry point

Leroux Updated 

Technical analysis On the left we have the 4 last major Daily move. (Green and red arrow) We can see on the Daily RSI that we broke the Trend line of the daily momentum = possible changing momentum to the up side On the right we can see a formation of (L H HL HH) We broke a smaller chanel = Bullish signal We broke the daily 21 SMA = Bullish...

Leroux Updated 

Took a short position to edge my self to buy US500. am expecting a rebound from 4150 ish If price go lower I will not close short position a look for a second long entry in the 4060 ish

Leroux Updated 

1. weekly divergence 2. Daily structure is broke ** look the screen shot ** 3. A reversal is more likely to happen 4. Am looking to buy near 5$ ish or 4,20 ;) 5. TP on chart

Leroux

Every thing is on the chart. Here on closer look of what can a see of the price action : s3.tradingview.com Dont have a cristal ball but I think it quite possible to see a second bull run this year if momentum dont fade away.. Plus if this play out the RR is pretty good. Worth the risk.

Leroux

Hexo will merge w/ Zenabis. Have plan to expand to the us now w/ their CBD brevage. Their are working on reducing the cash burn. On the technical side, we could have a retest of the trend line to make a new HH.

Leroux

every thing is on the chart

Leroux

If we break 1810 we could see a up side move. We got a nice retracement on the daily time frame (20 to 27 feb) so we have a nice discount and could see the price move to the 2500 to 2750. Fibbonnaci level dont drive the market but are useful tool to project futur price. If we break 1730 i can see price to retrace to the 'golden' ratio 50 to 61%. (so 1620 and...

Leroux

everything is on the chart

Leroux

Analysis only base on TA. If it play out, nice RR.

Leroux

Weed sector is still bullish in my opinion. $VFF could be on major cannabis compagnie. But this trade is base on a technical approach. Frist, if we can close above 2020 ATH, it could be a bullish signal for the 2021 year. This could happen this week. Bullish scenarios (2) : 1- I am looking to buy the stock after a break out of my pink channel plus...

Leroux

I am bullish on the weed sector because : - It a new industrie that have big potential in the recreational and medical market. (country start to legalise marijuana and the demand is here) - We start to see more solide sales and profit for compagnie. - New countries are starting to look to legalize cannabis, including the United States. (Definitely a big market...

Leroux

I think we could see more consolidation for the next day after christmas. However, I made a forecast of two scenarios. However I think we have more chance to see more bearish move.

Leroux

I think this stock could retrace more before looking for a next up side move... However, if price continue to fall I think the stock could find resistance at my 61% fib retracement and will have trouble to fall lower due to the upside momemtum that we see for this stock and for the majority of the weed sector. If we see price moving in the up to my «green zone» i...

Leroux

Earning report this monday. We could see big move. I think from de price action we could see a up side move.

Leroux Updated 

Blue arrow are my «long term» paterne. The yellow line represente short-term paterne. If we see a break of the yellow paterne we could see a down side move all the way to the bottom (100% fib) and then futher movement.