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	Comments on: Cannabis Stocks Swing Trade Ideas	</title>
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	<description>Stock Trading, Investing &#38; Market Analysis</description>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/cannabis-stocks-swing-trade-ideas/#comment-9404</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Wed, 15 Jan 2020 17:52:01 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/cannabis-stocks-swing-trade-ideas/#comment-9403&quot;&gt;TJS&lt;/a&gt;.

By nearly all accounts, this appears to be the beginning of a rally with plenty more upside to come on the cannabis stocks. The price action on nearly all of those stocks I highlighted plus MJ both yesterday &#038; today couldn&#039;t be more bullish. My only concern is the fact that I believe the stock market is in the latter stages of a reckless rally where investors &#038; traders are bidding up just about anything with a ticker. The pots stocks are lower-quality, &quot;risk-on&quot; trades so I view this rally like playing a game of musical chairs: It will likely continue as long as the stock market rally does but when the music finally stops playing, you don&#039;t want to be the last guy or gal in the room left standing without a chair.
In other words: Get while the getting is good, just don&#039;t stay too late to the party once it&#039;s over.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/cannabis-stocks-swing-trade-ideas/#comment-9403">TJS</a>.</p>
<p>By nearly all accounts, this appears to be the beginning of a rally with plenty more upside to come on the cannabis stocks. The price action on nearly all of those stocks I highlighted plus MJ both yesterday &amp; today couldn&#8217;t be more bullish. My only concern is the fact that I believe the stock market is in the latter stages of a reckless rally where investors &amp; traders are bidding up just about anything with a ticker. The pots stocks are lower-quality, &#8220;risk-on&#8221; trades so I view this rally like playing a game of musical chairs: It will likely continue as long as the stock market rally does but when the music finally stops playing, you don&#8217;t want to be the last guy or gal in the room left standing without a chair.<br />
In other words: Get while the getting is good, just don&#8217;t stay too late to the party once it&#8217;s over.</p>
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		<title>
		By: TJS		</title>
		<link>https://rightsideofthechart.com/cannabis-stocks-swing-trade-ideas/#comment-9403</link>

		<dc:creator><![CDATA[TJS]]></dc:creator>
		<pubDate>Wed, 15 Jan 2020 17:42:42 +0000</pubDate>
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					<description><![CDATA[I am wondering how long this run is going to last? Does this look like it has room to keep going, or should we be looking to reap profits? Thanks]]></description>
			<content:encoded><![CDATA[<p>I am wondering how long this run is going to last? Does this look like it has room to keep going, or should we be looking to reap profits? Thanks</p>
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		<title>
		By: XS-POWER		</title>
		<link>https://rightsideofthechart.com/cannabis-stocks-swing-trade-ideas/#comment-9386</link>

		<dc:creator><![CDATA[XS-POWER]]></dc:creator>
		<pubDate>Tue, 14 Jan 2020 16:51:05 +0000</pubDate>
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					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/cannabis-stocks-swing-trade-ideas/#comment-9385&quot;&gt;rsotc&lt;/a&gt;.

thank you!]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/cannabis-stocks-swing-trade-ideas/#comment-9385">rsotc</a>.</p>
<p>thank you!</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/cannabis-stocks-swing-trade-ideas/#comment-9385</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Tue, 14 Jan 2020 16:19:53 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=195323#comment-9385</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/cannabis-stocks-swing-trade-ideas/#comment-9379&quot;&gt;XS-POWER&lt;/a&gt;.

To add to my previous reply, I roughly listed those in order of my favorites but when it comes to swing trading the pot stocks when the sector appears poised for a move, I like to take a shot-gun approach &amp; spread my bets among a half-dozen or so of the best-looking setups as you never know which ones will turn out to be the real screamers.
TLRY, ACB, CGC, CRON &amp; TGODF would probably be my top picks.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/cannabis-stocks-swing-trade-ideas/#comment-9379">XS-POWER</a>.</p>
<p>To add to my previous reply, I roughly listed those in order of my favorites but when it comes to swing trading the pot stocks when the sector appears poised for a move, I like to take a shot-gun approach &#038; spread my bets among a half-dozen or so of the best-looking setups as you never know which ones will turn out to be the real screamers.<br />
TLRY, ACB, CGC, CRON &#038; TGODF would probably be my top picks.</p>
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		<title>
		By: rsotc		</title>
		<link>https://rightsideofthechart.com/cannabis-stocks-swing-trade-ideas/#comment-9383</link>

		<dc:creator><![CDATA[rsotc]]></dc:creator>
		<pubDate>Tue, 14 Jan 2020 16:10:21 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=195323#comment-9383</guid>

					<description><![CDATA[In reply to &lt;a href=&quot;https://rightsideofthechart.com/cannabis-stocks-swing-trade-ideas/#comment-9379&quot;&gt;XS-POWER&lt;/a&gt;.

Some better than others but the most important thing, above picking the best-looking setup, is to get confirmation that the sector has broken out as the pot stocks are a highly-correlated group. It is unlikely that any one stock will go very far without the sector rallying as well.

First, we need to see MJ solidly take out that 17.50 resistance level &amp; the more impulsively and/or further away from that level it gets, the more bullish it will be for the sector.

Should MJ take out 17.50, you also want to see at least several of those stocks above, especially the larger $1b+ companies such as ACB, TLRY, CGC &amp; CRON, having clearly broken out as well.]]></description>
			<content:encoded><![CDATA[<p>In reply to <a href="https://rightsideofthechart.com/cannabis-stocks-swing-trade-ideas/#comment-9379">XS-POWER</a>.</p>
<p>Some better than others but the most important thing, above picking the best-looking setup, is to get confirmation that the sector has broken out as the pot stocks are a highly-correlated group. It is unlikely that any one stock will go very far without the sector rallying as well.</p>
<p>First, we need to see MJ solidly take out that 17.50 resistance level &#038; the more impulsively and/or further away from that level it gets, the more bullish it will be for the sector.</p>
<p>Should MJ take out 17.50, you also want to see at least several of those stocks above, especially the larger $1b+ companies such as ACB, TLRY, CGC &#038; CRON, having clearly broken out as well.</p>
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		<title>
		By: Foreverlearning		</title>
		<link>https://rightsideofthechart.com/cannabis-stocks-swing-trade-ideas/#comment-9381</link>

		<dc:creator><![CDATA[Foreverlearning]]></dc:creator>
		<pubDate>Tue, 14 Jan 2020 14:57:12 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=195323#comment-9381</guid>

					<description><![CDATA[Jumped on TGODF at $.54 starter position, that 25% gain to &lt;abbr class=&#039;c2c-text-hover&#039; title=&#039;First Profit Target&#039;&gt;T1&lt;/abbr&gt; is looking nice,
@XS-power, I simply looked at the charts, to see which were about to break trendline, which had strongest RSI and PPO divergence and then looked at daily volume. 
If you are playing longer term look at balance sheets as weak companies in correction will follow the market typically]]></description>
			<content:encoded><![CDATA[<p>Jumped on TGODF at $.54 starter position, that 25% gain to <abbr class='c2c-text-hover' title='First Profit Target'>T1</abbr> is looking nice,<br />
@XS-power, I simply looked at the charts, to see which were about to break trendline, which had strongest RSI and PPO divergence and then looked at daily volume.<br />
If you are playing longer term look at balance sheets as weak companies in correction will follow the market typically</p>
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		<title>
		By: XS-POWER		</title>
		<link>https://rightsideofthechart.com/cannabis-stocks-swing-trade-ideas/#comment-9379</link>

		<dc:creator><![CDATA[XS-POWER]]></dc:creator>
		<pubDate>Tue, 14 Jan 2020 14:07:42 +0000</pubDate>
		<guid isPermaLink="false">https://rightsideofthechart.com/?p=195323#comment-9379</guid>

					<description><![CDATA[Randy any favorites to you in this group? THANK YOU]]></description>
			<content:encoded><![CDATA[<p>Randy any favorites to you in this group? THANK YOU</p>
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