Watching the hourly uptrend, if it's lost we're going to wait patiently for a new daily support level to be set. Watch volume to make sure consolidation remains healthy
Watching TGOD for a much needed pullback on the daily chart to cool off that extended RSI and give the bulls a new support level off which to rally
CRON is likely to test low of today as support first thing tomorrow, If we lose that we're looking down at a test of our support zone in the mid $20 range, otherwise we will likely form an hourly equilibrium with a lower high compared to the high of today. CRON is on watch for a beak of pattern this week
HEXO looking like it's ready for daily consolidation, losing the low of today will have us being patient for a couple days while a new daily support is established. Otherwise we will remain in an hourly equilibrium with a possible daily inside bar tomorrow.
APHA hourly chart is the clearest, bull break means we're looking up at our key resistance and bear break would have us looking for a daily higher low. Really bad timing on the bull break yesterday with so many sector names extended and needing to consolidate today, taking the wind out of APHA's sails as it attempted and failed at continuation
Now's the time to be patient and see what consolidation looks like, as we await a new daily support to be set if we do end up losing the low of today
CGC equilibrium break is imminent, very likely coming this week. Watch for a volume spike and multiple levels broken at once ot have confidence in the break
OGI bull break of daily equilibrium, watching for an all time high test tomorrow or Wednesday. Levels are not extended here but watch for correlation to other names that are if they start to consolidate tomorrow morning
Congrats TRST bulls, this is definitely a candidate to scout an hourly higher low for an entry in during healthy consolidation
We're very extended on the daily and hourly, I will certainly be interested in looking for an entry on healthy consolidation
Congrats TGOD bulls, we're in an area with a lack of resistance but we are getting extended on the daily and hourly, bear volume int he afternoon stands out a bit and tells me we're liking to get some healthy hourly consolidation tomorrow
New key support level is the low of Thursday but I see red flags here for the bulls unless we get a significant uptick in volume
Money seems to be potentially leaving ACB and entering APHA and a few other names. Bulls remain in full control here, and I'm watching the rest of the sector for weakness and watching how APHA will be able to hold up in the face of that weakness
ACB daily chart looking toppy, anticipating a potential hourly eq and watching for a possible bear break to indicate healthy daily consolidation is under way. Several indicators are giving me reversal signals here
In my opinion, the if the bulls had interest in breaking out to the upside, we would have already found our daily higher low by now. A counter argument is that we're basing support here, but the imminent break of our two key levels will give us the direction for the coming months
TRST bulls have some upside room if they can clear two immediate resistances. I forgot to say in the video, the most important support is hourly support 11.61 then nothing until 10.98
TGOD bulls are in full control, but have RSI resistances approaching on multiple timeframes. 4.98 is our key weekly level
Very extended chart on the weekly and daily timeframes. Bulls are in full control but the risk:reward does not favour bullish entries at these levels