Technical analysis with key levels & prices target for roughly 25 of the 50+ cannabis stocks on my watch-list. For those wishing to skip ahead, the following stocks are covered in this order: EVIO, CBIS, VAPE, MJN.V, WEED.TO, CNAB, ERBB, EDXC, EAPH, ENRT, CBDS, THCX.V, HMMJ.TO, CANN, CGRW, XXII, EMC.V, ICC.V, CMED.TO, TWMJF, OGI.V, CCAN, IIPR & MCOA. Video playback speed can be increased in the settings at the lower-right corner of the video to reduce the duration.
This is the 3rd of at least 5 videos that I plan to publish today covering any sectors, industries or commodities that stand out as potential trading or investing opportunities with attractive risk-to-reward profiles. As I've posted extensive coverage of dozens of individual marijuana stock setups in recent weeks, this video focuses mainly on some of the considerations & strategies to consider when trading the high-flying (no pun intended) stocks, many of which have posted double & even triple-digit percent gains in just the past few weeks or even days. Brief updated on about a half-dozen or so cannabis trades as [...]
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 [...]
As per requested by @stock51 in the trading room, this video is part 1 of 2 videos on the 40 stocks in my Cannabis watchlist, covering the first 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 [...]