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$TLRY: $10 Short Potential [Currently < than IPO Price]First off, please don't take anything I say seriously, or as financial advice. That being said, let me get into a few of my key insights. Tilray is currently only $8.05 which is lower then the $17 price it was entry into the market. The stock peaked at $240 before starting to tumble down bearishly entering into 2019. Cannabis was a fad or bubble waiting to be popped. That being said, as a 750+ employee company that is revamping, it isn't a bad stock pick and may be a steal at its current price. Many analyst are neural on it, but I think it has light in the tunnel for growth. Today it had a high of $9.75, before going down to $8.05. Overall, day over day, the stock's close price went down -0.74%. Today was a notoriously bad day for the market, and this performance was better than expected. Overall, a short of $10 is reasonable, and this is one of those stocks that can likely be flipped multiple times for a day trader or trading bot. It seems to also have long potential, and I believe it will likely reach another bullish run.
NASDAQ:TLRYShort
by gamer456148
1
AUXLY (CBWTF) - critical juncture - possible 100% gainsAuxly retraced near 0.618 of wave A, a probable target for the end of B wave down. The next wave is a minute C up that should complete minor wave 4. If this is the case the most probable target is at 0.55, 135% above the current price. Its market peer KERN already grew the same amount recently. If it crosses down 0,21 the odds go to that minor 4 is finished and the prices should continue down. If it crosses above 0.2513 the odds go to the main scenario. FOLLOW SKYLINEPRO TO GET UPDATES.
OTC:CBWTFLong
by SkylinePro
APHA: $5 Short Target [Has Long Potential]First off, please don't take anything I say seriously or as financial advise. As always, this is on opinion basis. That being said, let us get into my thoughts. I believe given how APHA been doing financially given this quarter, and its current bullish run, a $5 short target is reasonable. However, I am worried the wave may peak at that point, and it does have bearish potential afterwards if that is true. Overall, it does have long target potential with medium risk, but if I am right, a sell off and reinvestment may be better.
AShort
by gamer456148
2
Rolling Up The Cannabis LoudPack Aye?Symbol: ACB Cannabis stock analysis, want to see this one play out. Correlate it with the last etf I just shared for cannabis sector health. Hope this helps. Enjoy. 🤠 ---------------------------------------------------- Want to level up your trading skills? We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new strategy to add to your arsenal. Also checkout our trading indicator available in the link on our page. --------------------------------------------------- Thank you for your continued support, God bless. - Major League Trader
A
by UnknownUnicorn2319099
7
Alternative Harvest ETFSymbol: MJ The cannabis sector. The holy grail of money to be flooded to. These cannabis prices are insane. I've been wanting to buy into this ETF but clearly this has not been a good sign in a while. When market corrects I think the cannabis sector will take off running. Will keep watching to see if it wants to correct lower. Obviously I'm on the weekly so I'm looking for a good transition. ---------------------------------------------------- Want to level up your trading skills? We just realesed our new course! Follow our tradingview page and visit the link in our bio if you are looking for new strategy to add to your arsenal. Also checkout our trading indicator available in the link on our page. --------------------------------------------------- Thank you for your continued support, God bless. - Major League Trader
AMEX:MJ
by UnknownUnicorn2319099
Ascending Triangle or Head & Shoulders?On the RSI there's a H&S patter so visible if I need to draw it I'm not sure you're familiar with a Head & Shoulders pattern. What Is A Head And Shoulders Pattern? A head and shoulders pattern is a chart formation that resembles a baseline with three peaks, the outside two are close in height and the middle is highest. In technical analysis, a head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. It is one of several top patterns that signal, with varying degrees of accuracy, that an upward trend is nearing its end. Key Takeaways A head and shoulders pattern is a chart formation that resembles a baseline with three peaks, the outside two are close in height and the middle is highest. A head and shoulders pattern describes a specific chart formation that predicts a bullish-to-bearish trend reversal. The head and shoulders pattern is believed to be one of the most reliable trend reversal patterns. What Does The Death Cross Tell You? The death cross occurs when a short-term moving average (typically 50-day SMA ) crosses over a major long-term moving average (typically 200-day SMA ) to the downside and is interpreted by analysts and traders as signaling a definitive bear turn in a market. The opposite of the death cross occurs with the appearance of the golden cross, when the short-term moving average of a stock or index moves above the long-term moving average. Many investors view this pattern as a bullish indicator. The golden cross pattern typically shows up after a prolonged downtrend has run out of momentum. As is true with the death cross, investors should confirm the trend reversal after several days or weeks of price movement in the new direction. Much of the process of investing by following patterns is self-fulfilling behavior, as trading volumes increase with the attention of more investors who are driven in part by an increase in financial news stories abut a particular stock or the movement of an index. Limitations Of Using The Death Cross All indicators are “lagging,” and no indicator can truly predict the future. Once & while a death cross can produce a false signal, and a trader placing a short at that time would be in some near-term trouble. Despite its apparent predictive power in forecasting prior large bear markets, death crosses also do regularly produce false signals. Therefore, a death cross should always be confirmed with other signals and indicators before putting on a trade.
TSX:CRON
by ScotianBot
WOW, look how perfect that is TLRY cup & handle reversalTLRY up because it is a cup & handle pattern and it just looks so perfect. It matches the .618 retrace and it is amazing how it looks to fit so perfectly. We closed literally at the fib. Wow! This matches the fib level of the cup & handle, handle I linked. You can see how we are in a channel and that we are going to target 1 around 11.23, which would be around the 300 sma on the chart. You can also see how the dotted line perfectly lies within all of this (target 1) and then target 2 as I learned is the length of the depth of the cup and still within the channel. I drew three grey lines that are just relative resistances from the overall bearish trend. It is amazing how the second target matches the yellow follow through that is a copy of the prior days move. Great news just came about providing 40b in liquidity to cannibis sector in Canada! Also, it is so amazing how it looks how it is going to breakout and have a nice retrace to test the prior huge bearish channel.
NASDAQ:TLRYLong
by ChargingBull
2
La crypto en berne, et les stocks de cannabis en forte hausse ! En ce samedi, je voulais vous ouvrir sur le marché des actions et notamment les "pot stocks" ces entreprises productrices de cannabis médicinales ont vécu un boom en 2018 et pendant ces 3 dernières années, quelques actions ont performé cependant la majorité a essuyé un long bear market. En revanche, ce marché et les nouveaux usages donnés au CDB qui n'est pas considéré comme une drogue, quant à lui, par rapport au THC ( les deux composants de cannabiode). Utilisé pour combattre des maladies comme la maladie de Parkinson qui permet aux patients de ne plus souffrir de forts tremblements qui les incommode dans la vie de tous les jours. Des nouveaux moyens de consommation comme des gateaux, cookies , boissons, bonbons, et permet à l'industrie du cannabis de se transformer et de gagner en popularité. Bonjour à tous, Je voulais vous présenter une entreprise pour le mois prometteuse et que je suis depuis presque 2 ans $ TLRY - Tilray ( www.tilray.com ) Entreprise canadienne Première entreprise avec la licence de production de cannabis medicinale dans le monde Plus Haut enregisté : 300$ IPO : 17$ Prix actuel : 9,10$ Plus bas: 2,47$ Depuis 10 jours, il ya eu de forts investissements comme tu peux le voir sur le graphique et le prix a fait x4 Il y a pas de mal de chemin a parcourir pour retrouver des prix entre 22 et 51$ en tout cas ca laisse aussi une très belle marge de progression par rapport au cours actuel.
NASDAQ:TLRY
by NicoDCrypto