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to catch a falling leaf pt.2I truly believe MSOs will bottom out at some point this year... if not already. Whether by way of a market wide dump during a correction, or by forming the bottom of a cup in an eventual cup and handle formation. I think the MSOs have some real world catalysts in place to start turning positive (SAFE Banking Act, more states legalizing, actual positive net income...) whereas the canadian growers are basically crossing their fingers for US legislation to pass while they bleed cash. As with the canadian pot stocks tho, we want to really see this thing shallow out. The current downward trend is trudging along the 1/1 angle, but we need to start seeing local bottoms form on the 2/1 angle. If that happens, we'll likely see some kind ending diagonal form which would indicate wave C is finally coming to a close. The other scenario is that this overheated market takes a dump and pot stocks go along w/ it... (see 2 yrs ago) in which case BTFD and hang on. Ironically it's been the democrats that have been blocking SAFE from being passed into law... apparently looking like awesome social justice warriors is paramount in this endeavor. With their grip on Congress in question in the coming mid-terms they need to cut the crap and hustle to get something done. Expect a bump when SAFE passes as institutions start to get involved in the MSOs. for fun only, not advice.
AMEX:MSOSLong
by chinawildman
1
SNDL Sundial Price TargetsIf you haven `t bough the stock here, at 0.57usd: then you should know that Malta became the first European Union member to legalize recreational use and growth of marijuana. Democrats overwhelmingly support legalization for both medicinal and recreational purposes of marijuana. If the U.S. market open up, it could be a boon for SNDL stock. My price targets for SNDL are 0.93 for January an 1.25 for February 2022. Looking forward to read your opinion about it.
NASDAQ:SNDLLong
by TopgOptions
1
#SNDL Just a matter of TIME ⏱️ before jumping higher🔥 Keep calmHi All, my main 3 take-outs from this analysis are the following: 1- 0.59$ level confirms to be a strong support and the price is reacting well from there just now. 2- Moreover, this support level represents to me the neckline of a reversal head & shoulder, which has been broken on Dec 17th with huge volumes at the opening. And it looks like the price is trying a pullback just at the neckline. 3- The target f this technical pattern should be at around 0.65$ and I strongly believe that it might reach this level soon, confirming the completion of another pattern, which would be a double bottom (with the two bottoms being the one of Dec 6th and Dec 15th Not a financial advice, just personal opinion. Do your own due diligence and good luck!
NASDAQ:SNDLLong
by FrancescoMerlettini
4
#TLRY Price rebouncing from falling wedge support Hi All, my main 3 take-outs from this analysis are the following: 1- In the 4H timeframe the price found support at around 9$, which is also an area where the historical red trendline and the lower side of the big falling wedge crossed (light blue box!) 2- Inside the bigger falling wedge there is a smaller falling wedge which has been broken on the upside. There might possibly be a pullback on the downside, but I think that it is possible an upward movement of at least 25%, which is the target of the small falling wedge, at around 11.3$ 3- If we are able to reach the 11.3$, at that point, by the end of January we might be seeing the price trying to breakout the bigger falling wedge with a big up move, which should support the price staying above the red trendline and continue is uptrend outside the big falling wedge Not a financial advice, just personal opinion. Do your own due diligence and good luck!
NASDAQ:TLRYLong
by FrancescoMerlettini
$TLRY sniper edition #6*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Recap: On October 21, 2021 My team entered $TLRY at $11.56 per share. We increased our position on October 29, 2021 at $10.30 per share. My team averaged down on our position today at $9.50 per share bringing our share average down to $10.45. We have also updated our take profits. OUR FIRST ENTRY: $11.56 OUR 2ND ENTRY: $10.30 OUR 3RD ENTRY: $9.50 TAKE PROFIT 1: $15.30 TAKE PROFIT 2: $29.0 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:TLRYLong
by SimplyShowMeTheMoney
13
#SNDL - 0.6$ might be the next and final support.Hi All, my main 3 take-outs from this analysis are the following: 1- Historical movements might be repeating themselves. Look at the three blue elyptical shapes and movements.. 2- 0.6$ might be the next support from where the price might be rebouncing 3- AFter the rebounce the price might have a spike as done three times previously in the past Not a financial advice, just personal opinion. Do your own due diligence and good luck!
NASDAQ:SNDLLong
by FrancescoMerlettini
#SNDL - The story might be repeating again...Hi All, my main 3 take-outs from this analysis are the following: 1- Price is moving as per historical recent moves 2- Price is still within the falling wedge and should see a breakout (hopefully upwards) prior getting to the apex. But it might take still some time 3- By tday and tomorrow we might possibly see a rebounce from the 0.66-0.65$ levels, as also shown in the past. Not a financial advice, just personal opinion. Do your own due diligence and good luck!
NASDAQ:SNDLLong
by FrancescoMerlettini
Poseidon Dynamic Cannabis ETF $PSDN - BUY NOW - MSOgang#StatesReformAct FEDERALIZATION Bill in Congress. Cannabis legalization is BiPartisan. $PSDN has the best $MSOS advisors lined up to make great investing decisions in the ever growing cannabis sector. The US sector is on fire. Women & minority leaders will be sought. Diversity is great for business. $PSDN & $KERN. Recommend. Compliance Data SOFTWARE. #thegem (no shipping hassles) US Cannabis Council Board Chair, Akerna CEO, Jessica Billingsley. $KERN GL #cannabiscommunity #valueinvesting FINALLY WINNING! Jobs & Justice
PLong
by EpicEconomics
$MSOS AdvisorShares - US Cannabis ETF - BreakoutON VOLUME. Volume precedes price. A move without volume is suspect (see #shib). States Reform Act on Monday should be a headliner for sure. Lot's of legislation to look forward to. #cannabisreform #thegem Jobs & Justice Akerna $KERN has the data. Enterprise Solutions, Compliance SOFTWARE CEO Jessica Billingsley is Chair of USCC, United States Cannabis Council. $ITHUF $GNLN $GPRO $FCEL $PLUG $GM $VIXY US5Y UP. Large cap #stonks & #cryptocrash to #cannabisreform The future.
AMEX:MSOSLong
by EpicEconomics
6
$TLRY the og sniper*This is not financial advice, so trade at your own risks* *My team digs deep and finds stocks that are expected to perform well based off multiple confluences* *Experienced traders understand the uphill battle in timing the market, so instead my team focuses mainly on risk management* Recap: On 10/22/21 My team entered $TLRY at $11.56 per share. We still plan to take profit at $29 per share, but just for laughs we have added a new exit for $TLRY at $145 per share. My team increased our position at $10.30 per share on 10/29/21. Their next earnings report is expected to be released 11/8-11/12. ENTRY: $11.56 TAKE PROFIT: $29.00 MEME STOCK ABSURDNESS: $145 If you want to see more, please like and follow us @SimplyShowMeTheMoney
NASDAQ:TLRYLong
by SimplyShowMeTheMoney
11
TLRY TimeAnother beautiful, long Falling Wedge on TLRY here since around March. After that huge run from TLRY, there was much selling and bearish divergence on the chart from being so overbought. The run up left many gaps in the chart and they needed to be filled before TLRY could even think of going for another run. Bullish divergence seen on the RSI, RSI value is making higher highs while the price continues to make lower lows, meaning some bullish divergence. Also coupled with the MACD cross today, I think this could be the start of a nice reversal for TLRY. Has consistently used the fib retracement levels for support and resistance, so if we target the 236 fib level at around 20-22 dollars, that would give us an 80% return on our investment. However, just looking at the closer resistances, for the short term I would target first resistance at around 12-12.5, and then at around 14, then up to 16-17 $. GAPS: There were many gaps in the chart due to the run up in Jan - Feb which needed to be filled, the last of which were at 9.6 - 10.5. We did not COMPLETELY fill the gap so be careful about that, only a partial gap fill. SUPPORTS: I would be looking back to the trendline which acted as a bounce for this recent run today. Around 10$, then I would look at 9$ as the next support level after the gap fill. RESISTANCE: $12 - $12.5 $14 200 SMA at $14.70
NASDAQ:TLRYLong
by GringoRiley
1
Looking for a bounceDaily RSI at historic Oversold bounce levels. Almost as beat up as the covid crash right now. In the past we have bounced 25%-80%+ when bouncing off this level of Oversold conditions. There is also a gap on the daily now above at these extreme conditions that needs to be filled Also in a buy/support zone on the daily Weekly Oversold 4HR at historic Oversold bounce levels 1HR at historic Oversold bounce levels Daily looking to like a potential falling wedge, at price support/buy zone, at historic oversold levels with now a daily gap above to fill. A lot of confluence and the stars aligning for a good multi-day/weekly bounce out of OS conditions
NASDAQ:CGCLong
by Natestradamus
TLRY: Time to get high?Just bought Tilray🌿 stocks @ 12.22, currently at trendlines & previous significant high confluence. Price needs to break up the red falling wedge. Target 122 which means 10x. The blue uptrendline on log scale (imo false break down) and also higher volume this year shown below: Please like👍, comment🗣️, follow me✒️, enjoy📺! Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence. NASDAQ:TLRY TSX:TLRY CAPITALCOM:TLRY FTX:TLRYUSD SIX:2HQ NEO:TLRY SWB:2HQ XETR:2HQ FWB:2HQ MUN:2HQ HAM:2HQ HAN:2HQ BER:2HQ FTX:TLRY0924 NASDAQ:NDAQ OANDA:NAS100USD CURRENCYCOM:US100
NASDAQ:TLRYLong
by bizmark
2
CGC - Your chance to feel good about your weed addictionThis is truly, your one and only chance to prove to your wife that your weed addiction is paying off. After awhile, she will join you, don't worry. You are just an early crusader, the pilgrim, the visionary and she doesn't know who she really married - THE LEGEND. This is your chance fellas don't blow it. I mean look at this beauty. I am holding this bag until it reached at least $100 and then $120. Options - F that. Buy and hold. If you want to get into a growing market - this is it. Do you know how many people out there have never tried it? Do you know what happens after they try it? A huge line around the corner waiting to get in the MedMen store - the Apple of cannabis. Watch Tilray, CGC, Medmen, etc, closely.
NASDAQ:CGCLong
by bossmodetrader
2