HODL! Great entry price for long term hold. I am personally long and holding for 12 months. GLTA
So Cannabis investors, HEXO is at the a dip and 786 fib retracement. Is this the dip before a November federal bill allowing legalization state by state, or will it go near full retracement? High 9.29, current 5.70, full retracement 3.98. Canopy Growth is 618 fib retracement. The better the stock the lower the dip. I'm using weekly charts and than switching...
The ascending triangle is most often a continuation pattern, so we should expect a bullish break to US $260 by the end of the year if the pattern plays out. This is support by Tilray's plans for global expansion and the decision today to legalise recreational use of marijuana in Canada. Recently the Tilray price has dropped despite a lot of good news for the...
NASDAQ: #Tilray | $TLRY is @ the TOP of the BUY ZONE!
Showing Strong Support at 1.40.
The Canopy Growth Corporation (WEED) stock has been trading at the top of its price channel for many weeks now, will it continue to keep up the strength, or will we see some short term dips in price? This is my forecast for the next few months. Like the idea if you agree and follow me for more ideas like this.
So much FUD online about this coin, it's just on the floor. Look at that market cycle I drew 2 weeks ago :)
Investors in the cannabis space have thus far focused primarily on the growers of the product. We first recommended Canadian greenhouse growers in 2016, added in 2017 and added again in early 2018. It has been a very profitable ride and I believe there is more upside ahead for cannabis growers over the next 12 months. But they will eventually face margin...
Reentry price action levels to watch Description Aurora Cannabis Inc. produces and distributes medical cannabis products in Canada and internationally. It is vertically integrated and horizontally diversified across every principal segment of the value chain, including facility engineering and design, cannabis breeding and genetics research, cannabis and hemp...
Our upward pressure is promising. I think we'll need to come down a little to account for the RSI divergence. I'm not buying in until it drops a bit personally.
After the Yield sign removal two weeks ago the company has made massive strides forming a distribution bond with $SING to have its products featured on two of its websites for sale. Singleseed.com is the #1 source for CBD products an assortment of goods for both the health and mind. www.singleseed.com $HIPH Is also in the process of completing four acquisitions...
Very interesting opportunity here, less than 8M float, in the marijuana sector.
Again, I love Terra and all they're doing and I'm in this for the long game. RSI showing bullish divergence recently. Fib ratios look good. Waiting on a volume confirmation for uptrend.
Seems like we should be getting an upwave soon, but I'm just not 100% on my wave count here. Our volume looks good on that last big upwave, suggesting to me that it's only wave 3. We got a double top on the RSI for that wave though, which might point to a good sell out point for wave 5. That last big sell off where 4 is might be a decent support. Keep an eye on...
Here is my TA for TGOD, did it reach a reversal point ? As you can see we are still in a bearisch channel but as soon as the bulls manage to breakout, we will have a bullish mood again with more volume. 17 october (Legalisation of marijuana in Canada) is getting closer, I can't wait to see what will happen. What are you're thougts ?