Cannabis Stocks Ready To RALLY?
Cannabis Stocks Ready To RALLY?
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I am here for my confirmation for my cgc calls next week 17.5 calls
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Already in! Bottom fished CURA for a swing, was oversold on multiple time frames, and risk/reward was heavily in my favor, looking for a monthly higher low!
MJ currently has the carlos sponsorship
Dumb question…what’s an MSO? 🤔
Thank you for taking the time to make a video for us. Much appreciated.
What I’d like to see. 5 to 10% pullback in the market, fresh MJ lows, bottom, then run late September. This is the first year I’ve actively shorted MJ having learned my lesson in 2019. Still the best trade out there and the one I’m most comfortable with. Thanks again.
Thanks!
Algo boostin
Thanks Dan!
Great overview and zero in on hot names Dan…..liking the style – in and out, till the bulls show their quality.
Great video …thank you 🙏
Thank very much for this really comprehensive MJ analysis Dan. So helpful to get sector wide and individual name analysis across different time frames. I’ve been getting a few little short term counter trend spins in this sector over the last few months and will definitely be watching closely for signs of a longer term trend change.
Well…not to get political, but both sides already have bills made, along with other lobbyists, Supreme Chief Justice Clarence Thomas thinks the laws are outdated and useless, Amazon has put their hat in the ring, 19 States are full Rec, the R&D has been broadened across the map to independent labs to do more research on cannabis, the companies are growing 166% YoY, the Mexicans have legalized, us Canucks legalized, the UK is leaning towards full medical, Europe is starting to produce and spread out, Israel THE HOLY LAND bought 2 tons of the stuff, the studies that it doesn’t make kids smoke more when legal have been done and they came out with positive results which is to say no it does not, most people involved in the sector are thinking the SAFE act will pass before anything else, possibly as soon as this winter…but, strangely enough, the Dems have had a few issues with things…with Booker saying he’d block SAFE before the socially ‘responsible’ side of things, and Schumer wants the same…that and Biden being sticky about useage in DC and in his staff, and not being behind the legalization is confusing to say the least. But again…politics : The Repbubs literally have a bill already drawn up to submit for MJ as well…why not get it done with them, and then address the social portions while you STILL have control, I dunno…there is something of the ego that just sours this whole thing. But this is a boil ready to pop. I’m in on Cura and Cresco. Dan opened my eyes to Cura, and since then I couldn’t be happier with the way that company is growing and strategizing. I like Boris as a CEO, he’s been very calm and forward thinking.
GLTA!
Started to scale into SMG in the 150s. That’s ~40% drop from ATH.
Thanks Dan!
Right on Dan thanks!
Nice, enjoy your content and eyeing with some similiar stocks and set up, wish you good trades!
I don’t care about cannabis stock. Until it’s legal it’s a waste of money. Several state this year have legalized marijuana’s it made no difference in stock prices, as prices have fallen.
Thanks for the heads up!!!
I like your thought process and you have a knack for explaining things very clearly. Well done. I’m hoping the bottom is here or soon here.
Excellent video Dan….Glad to see this one today. I entered 1/2 position in TLRY on Friday. Also started entering in to a gold miner stock earlier last week too.
Thanks for taking the time to post this on Saturday…..much appreciated …👍🍻
Holt crap. Seeing you talking about marijuana stocks completely reminded me of late 2017-2018 when crypto was starting to get really bearish and marijuana was hyping!
Great video man, definitely some great insight into trading on a longer term picture and waiting for proper signals.
I can tell Dan is already very high on this stock, (oops bullish) 😂😂
Thanks Dan. Only traded crypto so looking forward to trying something new
The downtrend will continue due to future lockdowns.
thank you Dan. this question is little of topic-i am considering rotating profits from crypto this year into: psychedelics. am big believer – psychedelics and it’s potential for helping/healing human mind.. once legalised I want to be in with my investemnet .( once this becomes relevant). am in europe and so far only experience is trading crypto.. dont really know where to trade those and where to start..any tips where to look at? which trading places? tickers/ names you already have in radar? ( sorry for my english- not my first language) Many thanks..
I think MJ is a good stock, I have been averaging down since I lost my gains on it. I am well loaded and waiting for it to wake up, where I expect to cash out a good chunk of change.
🔥
Try running same concept for elections dating back to 2007/2008.. same basic cycles repeat big ever voting year and proportional to on off-election years.. your assumption if very statistically validated
what is "@12:06 voting session" being referred in the video?
YOLO about to go parabolic on a multi year cup and handle breakout
i am with you. take it away
Cannabis and Psychedelics will take a while to take off, but this could be the best momento to invest in psychedelics and Cannabis. A great example of this is FSD Pharma. They are making the right moves to invest in psychedelics. Right now the risk is low enough for it to grow in the future and get big returns.
Thank u for the MJ update!! Keep ’em coming!!
IIPR has been one of the larger chunks of my thinning positions. Been waiting to start reloading MSOS under 32. I’ve been out since 47. CCG has a smaller 4 touch falling wedge on the daily, which aligns with a daily EQ. It may not be the year for a rapid v recovery. Maybe we break the wedge as time runs into sideways doldrums until news comes back.
I like that you release this video on a Saturday afternoon when most hype/ pump traders could care less. It gives us mid term swingers/ investors a chance to analyze charts with you and have a chance to execute good entries during the week.
😎