Stock Charts Today | Weed Stocks The Next Leaders?

Stock Charts Today | Weed Stocks The Next Leaders?

The stock charts of the weed stocks such as $CBIS are looking poised after a multi year consolidation to breakout. While still a speculative trade we see little downside and lots of upside.
In stock charts analysis we review the symbols that our members submit for me to review on video. We will review for our members any stock, ETF, stock market index or cryptocurrency. We leverage our knowledge of the appropriate trading strategy for the current stock market environment. Bob Desmond the President of The Contrarian Trader is a top ranked stock market technician who is renowned for using stock charts and technical analysis by calling a top in Bitcoin and the S&P 500 and a bottom in Gold in 2017. We perform technical analysis of the charts using candlestick charting. Indicators used are the relative strength indicator as well as the stochastic. We are very bullish on the gold stocks and very bearish on the US Dollar.

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Recent Trade : NUGT 27% Profit http://bit.ly/2DJvkPv
Recent Trade : AMZN 7.5% Profit http://bit.ly/2EWqc8K
Recant Trade: AMZN 8.5% Profit http://bit.ly/2EC9mPv

****Symbols Are Reviewed In The Sequence Below*****
$QQQ
$SPY
$DIA
$UUP
$USO
$GLD
$SLV
$BTC.X
$FSLR
$BIDU
$GRUB
$CBIX
$AMZN
$GE

#weedstocks #weed #marajunastocks

1 Comment

  1. @catd.f5293 on November 3, 2024 at 9:57 pm

    EWT, which I am fascinated by it’s process and accuracy, but can not do it myself, suggests that NFLX and AMZN may be putting in wave 3 or 3b, which for NFLX would take the stock, apparently quite quickly, to $280 -$260 range, rally back up on wave 4 then down 50% to $150. Do see this? I remember the tech wreck so I know these moves are possible and it’s starting to feel like that now. I love your videos – they make sense. Also I’m Canadian so I remember Nortel it made up 35% of the Canadian market in 2000, I bet half of todays traders would not even know it’s name. Thanks Again!!