Technical analysis on 44 of the cannabis stocks on my watchlist that stand out at this time including chart patterns, price targets, support & resistance levels.
This video covers numerous cannabis stocks that have either recently broken out or are currently poised to do so, all of which were recently highlighted in the June 23rd Cannabis Stock Trade Setups video.
After the huge "buy the rumor" rally leading up to the US elections back in November in anticipate of several states voting to legalize the sale of marijuana, followed by the subsequent "sell the news" correction, it appears that many of the cannabis stocks that I follow may be setting up to rally. As I have a total of 40 cannabis related stocks that I monitor, 38 of which stand out as potential trade setups at this time, I broke the coverage down into two separate videos. The first video starts out with a discussion of some trading/investing tips & strategies [...]
Part 2 of 2 videos on the 40 stocks in my Cannabis watchlist, covering the last 20 stocks with key technical levels. Bottom line is that there is a mixed bag of technicals in the cannabis stocks right now; some bullish setups & recent breakouts along with some bearish chart patterns & recent breakdowns with the majority of marijuana stocks trading sideways to slightly lower as they continue to digest the huge gains & overbought conditions from the rally leading up to the US elections in November. The following stocks are covered in this order: VAPE, DEWM, ERBB, EAPH, ENRT, AERO, [...]
The second of two videos covering outlook for the remaining 28 of the 38 stocks in my Cannabis watchlist, including objective buy points, stop levels & potential price targets. The following stocks are covered in this order: CBIS, APHQF, EMC.V, SGBY, CNBX, THCBF, MJNA, PHOT, OGI.V, TWMJF, GRWG, CNAB, CNAB, DEWM, CHUM, CGRW, ACBFF, ERBB, AERO, CBDS, EAPH, SPRWF, MJN.V, MCIG, OGRMF, TBQBF, MCOA, CARA, ENRT & ATTBF.
The following Long Swing Trade ideas have either hit one or more profit targets and/or hit their suggested stop or final price target & will be reassigned to the Completed Long Swing Trades category, along with all associated posts (charts & notes) to be archived indefinitely for future reference. Due to the large number of trades that need to be moved from the Active to the Completed Trades category at this time, the following trades will be batched out together: BBBY: Posted as a trade setup on Dec 6th, triggering a long entry the next day on an impulsive breakout above [...]
An overview of the cannabis sector including analysis on several individual marijuana stocks as well as additional strategies & trading tips for this highly speculative but promising industry. As a good portion of this video discusses strategies & trading tips for the cannabis industry, a second video covering the remaining stocks on my watchlist will follow. The following marijuana related stocks are discussed in this order: AMMJ, CANN, CARA, SPRWF, DEWM, TRTC, CBDS, MJNA, CGRW, THCBF, CCAN & CNBX.