Cannabis Stocks Show Life
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First!
US cannabis has got to be one of the absolute worst sectors that I’ve ever seen
No hope for ACB?
I’ve got friends and family still holding. 💀
No look at the weekly chart? 🙈 we are close to weekly trend change on cgc.. Just have to hope it breakouts and not fakeouts..
Question: would you consider tilray a weekly trend change also if it breaks the high, even though it broke its low? 🤔🤔
I’ve been riding both. The volatility gives some great trade opps. I’m trading to lower my dca (stops) to be in the sector in case we’ve found bottom. If not I stop out and try again when the markets allow. CGC isn’t as well run as TLRY. CGC upside is they may get into US markets but Tilrays profitability appears in a stronger uptrend
What do you think p Diddy can do for cresco
Textbook W-pattern on CGC weekly. Hoping for a daily bull flag before the 4.30 break. Just to note, NAS100 and SPX approaching trendline resistance.
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Tilray 50,300 shares at $3.49. Hexo 201,000 share at 0.1739
Dan, plz dont add to the supply of shares shorted against CGC especially against 4.30 lol 😮💨
ya bottoms up
Copper: $KVGOF
Electric Transition Play
Really appreciate how, even after the hundreds (thousands?) of videos youve made, you still take the time to explain your thought process and logic. Even on things I’m sure you’ve explained numerous times before. It’s very important for new viewers, and the repetition is helpful for those who have heard it before.
Shooting blind! I could anticipate $4.20 being resistance on either side for a while.
Silvergate went from 60 to 30 because of the crypto crash, exchanges, etc. but they are only minutely affected by any of this and larger volume transactions actually fuel their business. Could be massively oversold not to mention a 10% short interest could potentially set up a massive rebound-shortqueeze bullrun – we shall see how it plays out.
Good crypto related banking play going into next year, for sure. Silvergate SI
bottom hehe
Thanks for the sector update!
Thank you Dan!!
Institutions keep adding every quarter which is a good sign but it seems equal amount of short sellers so it seems to me like a short squeeze is on the way