I'd have $355,000 if everything I have averages $1. Started with $5,000.
'prefer your garden ; )
15:06 – How do you know the dollar value volume of this candle?
Thanks, Dan.
Dan could you tell me how you make the supports and resistance appear on your charts like that?
Fear and greed shape the markets. Bitcoin, MJ or Marshmallows, The charts tell us what human nature is doing.
Believe me when i say the canadian cannabis stocks are a plague, dont touch em till things change. Nobody buys their overpriced garbage from LP shops , so their profits are going to be shit. This is because the industry got taken over by the government and big corp. There are 0 reports of profits. and they're not going to be coming. they radiate the weed, they use toxic pesticides and there have been plenty of recalls due to their incompetence, so The entire market went back underground and so have the customers. and the initial gains were hopium.
VFF down another 15%
The best!
Hodl is the worst strategy. Learn how to take profit and move on. I wouldn't buy MJ stocks until they start running up, ride the waves in front of you not the potential waves
Feels super risky trading MJ stocks when they have these brutal moves.
One of the best comprehensive and most informative analysis I have ever seen!! THANK you Dan for sharing your knowledge with us the way you do. Now its getting crunch time and your expert analysis is truly appreciated, as always. Got out alive today on tvix {small gain} focused on acb and cgc a few times then set super low orders I thought in ACB would not get filled today they were so low.. But judging by after hours I would have been 5 pennies away from a fill. A little more thought into the plays will be in order at this juncture.The Bulls need to but some bears on the injury list in a big way to ever have a chance of breaking the line there so strong. Stacked team!! But ill be we have them more worried at these levels now.
Ironic that pot stocks can’t get high
Hi, just want to ask if you can look at the etf of the sector : MJ? and what you think about it. Thanks man like your vids.
only canadian lps i can see succeeding longer term are apha and vff. possibly smaller names will succeed.
Safe banking act so important for this sector. We are at the mercy of politicians.
Great analysis Dan. It would be fair to speculate the US mso s would be good merger targets for some of the big Canadian names. Cgc and Cron cant rely on The Canadian market alone. Wouldn't you agree Dan.?
Bro, best video yet! Your words of wisdom and philosophy are enlightening. Keep being well and continue to do good works. 🌄
I'm not a trader, but an investor in the MJ sector as I believe in the efficacy of medical cannabis over other medications pharmaceutical industry has come up with for so many conditions many people struggle with. Today's analysis is VERY helpful. Thank you! Can you please show us some examples of 'the weekly trend change' and 'getting over the weekly exponential resistance'?
DAMN i got a couple of suitcases..LOL..got taken out behind the woodshed and shot 4 time
Great title for this video, CARNAGE! 💥
You are spot on Dan. For those of us who are trapped I guess all we can do is reposition to the strongest names and wait.
Honestly it makes a lot of sense. 1st outdoor growing season just concluded and the bulk of the people that I know that smoke habitually (and even some that are only recreational users) grew their own plants. Couple that with the black market still thriving at reduced prices to the legal players (plus the crowding) and there's major disappointment. The valuations were so lofty that earnings really had to be stellar to match expectations. Doesn't help that Ontario completely botched the legalization rollout as well. Truly a bloodbath sector, glad to have cashed out long ago. Still looking to re-enter eventually but not with the way things currently look.
great commentary, looks like retail in still deep on the long side and have been buying all the way down…. https://robintrack.net/symbol/ACB
Dan, will CGC recover to their highs in your opinion? Especially with 2.0 in the near future… I know it sounds impossible (or that’s how I feel) but when would you think this may go back to this level…1,3,5 years? Any positive comment will help my very sad state of mind. Love your videos…
Great vid Dan. Thanks.
Honestly Dan, I've been following you for well over a year now, tuning in daily for your chart analysis, but this whole be a good sport to the shorts, shake their hand and congratulate them is complete garbage. I actually had to turn you off mid stream. A lot of hard work, and investment by people who have a lot of faith in this industry in Canada is on the line right now. Do you honestly think it's right to tip your hat to people who would bet on the industry's demise? I actually toned down my comments for you, but have to say I'm disappointed in you today Dan.
nice mo bro. got one myself. you stream live trades ?
Why you dont showing MJ chart??
I'd have $355,000 if everything I have averages $1. Started with $5,000.
'prefer your garden ; )
15:06 – How do you know the dollar value volume of this candle?
Thanks, Dan.
Dan could you tell me how you make the supports and resistance appear on your charts like that?
Fear and greed shape the markets. Bitcoin, MJ or Marshmallows, The charts tell us what human nature is doing.
Believe me when i say the canadian cannabis stocks are a plague, dont touch em till things change. Nobody buys their overpriced garbage from LP shops , so their profits are going to be shit. This is because the industry got taken over by the government and big corp. There are 0 reports of profits. and they're not going to be coming. they radiate the weed, they use toxic pesticides and there have been plenty of recalls due to their incompetence, so The entire market went back underground and so have the customers. and the initial gains were hopium.
VFF down another 15%
The best!
Hodl is the worst strategy. Learn how to take profit and move on. I wouldn't buy MJ stocks until they start running up, ride the waves in front of you not the potential waves
Feels super risky trading MJ stocks when they have these brutal moves.
One of the best comprehensive and most informative analysis I have ever seen!! THANK you Dan for sharing your knowledge with us the way you do. Now its getting crunch time and your expert analysis is truly appreciated, as always. Got out alive today on tvix {small gain} focused on acb and cgc a few times then set super low orders I thought in ACB would not get filled today they were so low.. But judging by after hours I would have been 5 pennies away from a fill. A little more thought into the plays will be in order at this juncture.The Bulls need to but some bears on the injury list in a big way to ever have a chance of breaking the line there so strong. Stacked team!! But ill be we have them more worried at these levels now.
Ironic that pot stocks can’t get high
Hi, just want to ask if you can look at the etf of the sector : MJ? and what you think about it. Thanks man like your vids.
only canadian lps i can see succeeding longer term are apha and vff. possibly smaller names will succeed.
https://suicidepreventionlifeline.org
GCAN
CNET
JNUG
DWT
PTI
WKHS
Excellent video! Thank you!
Safe banking act so important for this sector. We are at the mercy of politicians.
Great analysis Dan. It would be fair to speculate the US mso s would be good merger targets for some of the big Canadian names. Cgc and Cron cant rely on The Canadian market alone. Wouldn't you agree Dan.?
Bro, best video yet! Your words of wisdom and philosophy are enlightening. Keep being well and continue to do good works. 🌄
I'm not a trader, but an investor in the MJ sector as I believe in the efficacy of medical cannabis over other medications pharmaceutical industry has come up with for so many conditions many people struggle with. Today's analysis is VERY helpful. Thank you! Can you please show us some examples of 'the weekly trend change' and 'getting over the weekly exponential resistance'?
DAMN i got a couple of suitcases..LOL..got taken out behind the woodshed and shot 4 time
Great title for this video, CARNAGE! 💥
You are spot on Dan. For those of us who are trapped I guess all we can do is reposition to the strongest names and wait.
Honestly it makes a lot of sense. 1st outdoor growing season just concluded and the bulk of the people that I know that smoke habitually (and even some that are only recreational users) grew their own plants. Couple that with the black market still thriving at reduced prices to the legal players (plus the crowding) and there's major disappointment. The valuations were so lofty that earnings really had to be stellar to match expectations. Doesn't help that Ontario completely botched the legalization rollout as well. Truly a bloodbath sector, glad to have cashed out long ago. Still looking to re-enter eventually but not with the way things currently look.
great commentary, looks like retail in still deep on the long side and have been buying all the way down…. https://robintrack.net/symbol/ACB
Dan, will CGC recover to their highs in your opinion? Especially with 2.0 in the near future… I know it sounds impossible (or that’s how I feel) but when would you think this may go back to this level…1,3,5 years? Any positive comment will help my very sad state of mind. Love your videos…
Great vid Dan. Thanks.
Honestly Dan, I've been following you for well over a year now, tuning in daily for your chart analysis, but this whole be a good sport to the shorts, shake their hand and congratulate them is complete garbage. I actually had to turn you off mid stream. A lot of hard work, and investment by people who have a lot of faith in this industry in Canada is on the line right now. Do you honestly think it's right to tip your hat to people who would bet on the industry's demise? I actually toned down my comments for you, but have to say I'm disappointed in you today Dan.
nice mo bro. got one myself. you stream live trades ?