cannukville

cannukville

With it being on the trendline, this could be an opportunity for you to go long from here. If it drops then you are in for a big bargain. Lastly, all morning star analysis says it should go up to 225-293 range in the long term. Bad thing about this stock is it has a lot of debt but that’s what growth stocks do to invest. If the world has another covid upsurge...

cannukville

Going down first for profit taking then long after that

cannukville

-positive earnings expected -RSI and MACD on a positive trend -Broke MA 50 -partnership with Amazon Go long on this one and be rewarded

cannukville

-positive earnings expected coming up -partnership with Amazon -RSI and MACD on positive trend -broke MA 50 Long this one and you will be rewarded

cannukville

Looks like using Fib, we can see it hit those fib levels on the way down at 38.22, 30.51, 27.33 and 23.4 level. Usually with these many drops, there will be a high probability of reversal back up to the upside Now, looking back at what happened in November 2017, it looks like we had a similar drop. History may repeat itself so we will see what happens. When you...

cannukville

Seems like we are stuck in a triangle pattern here. May drop to 64 dollars and rebound to hit the upper bound and keep shooting upwards OR it goes down one more time and could go either way. Suggest looking at the volume as well when it gets to each red boundary. Time will tell in the coming one or three weeks. This could be trade able but one has to continue to...

cannukville

Looks like there was a deadcat bounce as predicted. See what will happens next. There is no news so technicals and enthusiasm with the potential legalization are what is the only thing driving up this stock for now. Frankly, it is overpriced but if the traders want to keep trading so to make a quick buck, this may be the ticket but one has to be careful.......

cannukville

Looks like it is just following the curve and just hits it for now. Time will tell what will happen from here but volume on the way down is low which could signal a trend that the drop may not be reversing and that only some long traders are locking in quick profits. So, if you are holding the stock, be careful there is a larger than 50% that it may drop further...

cannukville

3 day drop already so there is a high probability for a brief bounce back, unless there is some news. It could consolidate between 9-11 for awhile and then try for 13-14 again. This is hard to guess and one has to see what the industry is doing and what related stocks are doing as well. There is some congestion around 9-11 so it may hang around there if there is...

cannukville

Continues up the curve with an even steeper incline. It may either continue going up the curve but what comes up must come down or it hits a part of the curve and consolidate at around 60-64. If it drops from here, it may go down to the 56 range. Time will tell, give it another week and see where it goes. If one buys here, they should have stops or a put to reduce...

cannukville

It appears we had a top at around 44 dollars so using what we saw last time in Nov 2017 and that we had three day drops already(which usually means a short buying reversal), there should be a quick bounce from here. The bounce I project(again probability using historical and fib math, I am not a fortune-teller) that it may go back to the 38.2 level then reverse at...

cannukville

As mentioned before, WTI Crude looks parabolic and it may continue up that path. If it continues, the parabolic path and using Fibanacci shows it should get to 62.03 which it has been reached as an intraday high but not as a daily closing price(really close). The next leg up is 74.39 which could be caused by geopolitical events(perhaps), supply...

cannukville

Looks like the double top has formed and neckline is broken. Possible that it will retest neckline and go down. We will see

cannukville

Comparing to the drop in Nov 2017, it looks like a drop is due pretty soon. The slope(rise over run) of the Nov 2017 parabolic rise then drop was around 191 and the situation we are in now is at 206. This means a correction is overdue soon. If it corrects from here, Fib shows with the historical chart confirming a typical two drop sequence. This means if there is...

cannukville

Comparing oil from 2015 rise to this, the graph looks parabolic now. Whereas before it was just a channel going up. Tomorrow may be a bull trap forming, get a put if you still wish to buy at these levels or usually it means it will go sideways to compensate.

cannukville

Please remember there is the report due out on Thursday at 11:00am and 1:00pm Eastern Time at www.eia.gov I predict there will be enough supply to slow down or stop the bulls because CNBC(if you agree with their people commenting on their show) that the US has been releasing more supply to meet the demand recently. If this is true, then the oil price will fall...

cannukville

I am planning it will drop like this for a possible quick put position from here to 57 dollars. I use HOU in Canada for double performance as well.

cannukville

It looks like WTI Oil may take a break tomorrow from the looks of things