It's so tempting to load up on POT by virtue of its ticker. I'm pretty sure Canopy's ticker helped it get where it is. But there's no way something can go up that much in a single day without a substantial pullback.
Guys, be careful of TGOD. They have failed to produce one plant after several years, continually issuing press releases announcing delays and they are top-heavy in directors and executive administrators. Looks like a global shell co.
Great analysis Dan!, nice to see FIRE in the spotlight
Thanks Dan!!! Ordering now.
Hey dan I watch u everyday thanks for the work u do I'm still learning Can u please chart khrn we had a big pull back friday is that a good buying opportunity?
I understand that we have not lost the hourly uptrend yet in CRON, however like you said the last daily higher low was alllllll the way back at ~$14usd. A 54% from that last daily low to the high today without any consolidation. We all know that we haven't gotten any substantial consolidation with CRON since its run straight up. In 27 trading days only 2 of those trading days formed a lower close on the daily than the day prior. Monthly RSI – 79.75….Weekly RSI – 78.29…Daily RSI – 85.97…4HR RSI – 73.93…bearish divergence formed on the 1hr and 4hr rsi….volume climax with a shooting star daily candle. Now fundamentally, the Altria deal price was for $12.25….no reason that CRON should be worth almost double that when the partnership still didn't go through and they don't have the cash. Not just that, but the valuation at these levels for CRON has them trading at a 5x greater multiple to their earnings than CGC (which is absolutely absurd). CGC is earning over 7x in revs than CRON and already has over twice as much cash in hand than CRON is waiting to get in the future.
Also Cramer came out Monday saying for his viewers to wait to buy after a pullback in down the road and that he can't justify these levels. Zack's has a sell on CRON. Now Citron shorting this. Anyone in their right mind knows this is way too high for where it should be and we formed no daily support in a 54% move and hardly any support in ~120%. Im joining them and opening shorts.
KHRN had a 20% pull back today.
I sold the highs today. Yolo had a good day hahaha
Short bias! Also Dan, Is the new course going to be bundled with the other two courses. I was about to buy those but now there is this new one. But man… That is a lot of money for all 3.
21:32 … holy shit. I love to fish. 21:32 to 21:38 = fantastic. Would make some awesome still shots.
CMD the guru making us more aware! thx for doing what you do!
Thanks Dan for another great learning opportunity
Dan, your are the MAN!! I raise a glass to you tonight for all that you do for us. Nice to see someone who is passionate for what he does and with no hesitation to share knowledge. Cheers
"I luh you, Dan! I luh you, Dan!" -Yoel Romero
Thanks Dan, always look forward to the videos. Will be interesting to see what cron does next week, after watching tlry hit $300 I imagine anything is possible with cron. I’m in a few short positions but if citron is selling, I could imagine this one going even higher before the volume climax. They’re usually early and more risk averse than the average investor / trader. Just some of my many thoughts
Thx dan, what's your take on cgc and acb reporting this month?
Thanks Dan. Long term looks good. Reaction to earnings will be the tell for now. Sell on the news is b.s.. Otherwise known as a buying opportunity. Go bulls
Today was a TGOD day <3 :D:D I guess I should have been watching OGI too, wow. I'm up to 30 names on the watchlist now and it is getting harder and harder to watch them all. Thanks again for your time and video!
Dan, are you currently looking for short entries in Cron or any other ticker? If not, why?
wtf is NRTH? haha
MYM or MYMMF ran 40% for no reason….. thoughts?
Dan trades with no pants!!
just short everything you can when got a gap up open, MRMD is the first mover of this whole sector run, look at what he's doing, lol
what's your opinion on the new YOLO, AdvisorShares Pure Cannabis ETF? specifically, do you think them buying up stocks will have any effect on the sector? i know it had a major impact when MJ and HMMJ bought TLRY and TGOD because they were resent IPOs.
Did I miss ACB? I could've sworn I seen ACB but it was US one.
It's so tempting to load up on POT by virtue of its ticker. I'm pretty sure Canopy's ticker helped it get where it is. But there's no way something can go up that much in a single day without a substantial pullback.
Guys, be careful of TGOD. They have failed to produce one plant after several years, continually issuing press releases announcing delays and they are top-heavy in directors and executive administrators. Looks like a global shell co.
Great analysis Dan!, nice to see FIRE in the spotlight
Thanks Dan!!! Ordering now.
Hey dan I watch u everyday thanks for the work u do I'm still learning Can u please chart khrn we had a big pull back friday is that a good buying opportunity?
I understand that we have not lost the hourly uptrend yet in CRON, however like you said the last daily higher low was alllllll the way back at ~$14usd. A 54% from that last daily low to the high today without any consolidation. We all know that we haven't gotten any substantial consolidation with CRON since its run straight up. In 27 trading days only 2 of those trading days formed a lower close on the daily than the day prior. Monthly RSI – 79.75….Weekly RSI – 78.29…Daily RSI – 85.97…4HR RSI – 73.93…bearish divergence formed on the 1hr and 4hr rsi….volume climax with a shooting star daily candle. Now fundamentally, the Altria deal price was for $12.25….no reason that CRON should be worth almost double that when the partnership still didn't go through and they don't have the cash. Not just that, but the valuation at these levels for CRON has them trading at a 5x greater multiple to their earnings than CGC (which is absolutely absurd). CGC is earning over 7x in revs than CRON and already has over twice as much cash in hand than CRON is waiting to get in the future.
Also Cramer came out Monday saying for his viewers to wait to buy after a pullback in down the road and that he can't justify these levels. Zack's has a sell on CRON. Now Citron shorting this. Anyone in their right mind knows this is way too high for where it should be and we formed no daily support in a 54% move and hardly any support in ~120%. Im joining them and opening shorts.
KHRN had a 20% pull back today.
I sold the highs today. Yolo had a good day hahaha
Short bias!
Also
Dan, Is the new course going to be bundled with the other two courses. I was about to buy those but now there is this new one. But man… That is a lot of money for all 3.
21:32 … holy shit. I love to fish. 21:32 to 21:38 = fantastic. Would make some awesome still shots.
CMD the guru making us more aware! thx for doing what you do!
Thanks Dan for another great learning opportunity
Dan, your are the MAN!! I raise a glass to you tonight for all that you do for us. Nice to see someone who is passionate for what he does and with no hesitation to share knowledge. Cheers
"I luh you, Dan! I luh you, Dan!"
-Yoel Romero
Thanks Dan, always look forward to the videos. Will be interesting to see what cron does next week, after watching tlry hit $300 I imagine anything is possible with cron. I’m in a few short positions but if citron is selling, I could imagine this one going even higher before the volume climax. They’re usually early and more risk averse than the average investor / trader. Just some of my many thoughts
Thx dan, what's your take on cgc and acb reporting this month?
Thanks Dan. Long term looks good. Reaction to earnings will be the tell for now. Sell on the news is b.s.. Otherwise known as a buying opportunity. Go bulls
Today was a TGOD day <3 :D:D I guess I should have been watching OGI too, wow. I'm up to 30 names on the watchlist now and it is getting harder and harder to watch them all. Thanks again for your time and video!
Dan, are you currently looking for short entries in Cron or any other ticker? If not, why?
wtf is NRTH? haha
MYM or MYMMF ran 40% for no reason….. thoughts?
Dan trades with no pants!!
just short everything you can when got a gap up open, MRMD is the first mover of this whole sector run, look at what he's doing, lol
what's your opinion on the new YOLO, AdvisorShares Pure Cannabis ETF? specifically, do you think them buying up stocks will have any effect on the sector? i know it had a major impact when MJ and HMMJ bought TLRY and TGOD because they were resent IPOs.
Did I miss ACB? I could've sworn I seen ACB but it was US one.