Comments on: MJ Cannabis ETF Swing Trade Idea https://rightsideofthechart.com/mj-cannabis-etf-swing-trade-idea/ Stock Trading, Investing & Market Analysis Thu, 07 Nov 2019 19:42:44 +0000 hourly 1 https://wordpress.org/?v=6.9.4 By: jhanson313 https://rightsideofthechart.com/mj-cannabis-etf-swing-trade-idea/#comment-8511 Thu, 07 Nov 2019 19:42:44 +0000 https://rightsideofthechart.com/?p=193762#comment-8511 Randy, you think its time to move on from the MJ trade, we hit the Stop intraday but hasn’t closed below there yet. Like to get your thoughts on this sector’s recent failed break-outs

]]> By: Hoperush https://rightsideofthechart.com/mj-cannabis-etf-swing-trade-idea/#comment-8126 Thu, 17 Oct 2019 20:19:13 +0000 https://rightsideofthechart.com/?p=193762#comment-8126 The MJ and CGC had great volume associated

]]> By: rsotc https://rightsideofthechart.com/mj-cannabis-etf-swing-trade-idea/#comment-8123 Thu, 17 Oct 2019 19:22:35 +0000 https://rightsideofthechart.com/?p=193762#comment-8123 MJ has just triggered a long entry on a break above 20.00 & is now an Active Trade.

]]> By: rsotc https://rightsideofthechart.com/mj-cannabis-etf-swing-trade-idea/#comment-8118 Thu, 17 Oct 2019 17:43:01 +0000 https://rightsideofthechart.com/?p=193762#comment-8118 In reply to jd_rock.

“Investor site” is a bit late to the party. I had singled out ACB as one of the most promising pot stocks over 3 years ago when I first starting buying it at 0.55 with the stock gaining about 2560% in less than 2 yrs from that point, doing my DD & additional research on the company & posting numerous additional objective buy points & higher targets since then:

https://rightsideofthechart.com/acbff-acb-aurora-cannabis-trade-setup-entry/

In fact, ACB (which traded under ACBFF back then) has the distinction of being the first penny stock to make the cut for an official trade idea on RSOTC as both the technicals as well as the (potential) fundamentals seemed overly compelling back then.

Yes, still one of the best in breed within the cannabis sector but only looking at ACB (which I posted as an official trade setup on Tuesday: https://rightsideofthechart.com/acb-aurora-cannabis-swing-trade-idea/ ), as a tactical, relatively quick counter-trend trade at this time. BTW- The stock has come just a few pennies of triggering the long entry so far today & is still just below that breakout/buy trigger:

https://rightsideofthechart.com/acbff-acb-aurora-cannabis-trade-setup-entry/

]]> By: jd_rock https://rightsideofthechart.com/mj-cannabis-etf-swing-trade-idea/#comment-8109 Thu, 17 Oct 2019 15:23:38 +0000 https://rightsideofthechart.com/?p=193762#comment-8109 In reply to bryrune.

News feed. Doing quick search, found this informative piece especially around our neighbors to the north: https://www.fool.com/investing/2019/10/17/canada-legalizes-marijuana-derivatives-today-6-thi.aspx

]]> By: bryrune https://rightsideofthechart.com/mj-cannabis-etf-swing-trade-idea/#comment-8108 Thu, 17 Oct 2019 14:51:56 +0000 https://rightsideofthechart.com/?p=193762#comment-8108 In reply to jd_rock.

Didn’t see that do you have a link or is that just news from the ticker?

Maybe ACB will be the Amazon of pot or will Amazon buy ACB Potmazon? Amajane?

]]> By: jd_rock https://rightsideofthechart.com/mj-cannabis-etf-swing-trade-idea/#comment-8107 Thu, 17 Oct 2019 14:47:39 +0000 https://rightsideofthechart.com/?p=193762#comment-8107 In reply to jd_rock.

Yes, continued thanks @RSOTC I took a few of those potstocks. Surprised to get 100% in options on small move in DLNG overnight. Already going back in with larger position today.

]]> By: jd_rock https://rightsideofthechart.com/mj-cannabis-etf-swing-trade-idea/#comment-8106 Thu, 17 Oct 2019 14:45:42 +0000 https://rightsideofthechart.com/?p=193762#comment-8106 Not sure you noticed this diddy? “Aurora Cannabis (ACB) could be 1 of 3 major cannabis companies in a decade if it survives its current challenges, says investor site”

]]> By: bryrune https://rightsideofthechart.com/mj-cannabis-etf-swing-trade-idea/#comment-8104 Thu, 17 Oct 2019 14:41:30 +0000 https://rightsideofthechart.com/?p=193762#comment-8104 Thank you RSOTC I jumped into ACB yesterday and I’m slightly above water anticipating a breakout which looks all but guaranteed at this point.

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