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Cannabis Oil

Marijuana Stocks Technical Analysis Chart 1/13/2020 by ChartGuys.com



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21 Comments

  1. Hey Dan,

    Love the videos man, you really are teaching me so much!

    I was wondering if you you could confirm what brokerage/ software you use or if you have already covered this point me in the right direction? I am keen to get started with a demo account.

    Thanks!

  2. With CGC Weekly trendchange, isn't it wise to conclude a weekly trendchange when the weekly candle closes above resistances?

    If we were to dip really hard or even crash tomorrow (unlikely, but just a play of thought), and never recover above weekly resistance again, we would get a shooting star-ish weekly candle that would imply fakeout?

  3. My concern is that the overall market has been extended for a very long time now without weekly consolidation for 4 months now. I would have rather have had the MJ sector consolidate giving the overall market the chance to sell off and bottom before it ran. Now that will always be a headwind on any given day. Some major stocks look like they are going to be blow off tops. I wonder how the MJ sector will react when we finally get the bigger consolidation in the overall market.

  4. Just think if you would have put all your money in Altria back in 2002, January 1st when the doom and gloom of the tech bubble was bursting, you'd only have a 13% compound annual gain and a total of 775.8% through the end of trading today. So boring to make money !

  5. Thanks man! Stoked for the bulls! – Im looking for a dip buy/gap down opportunity tomorrow as well, but how do you plan on playing a possible gap up open tomorrow? 1h RSI is pretty steep along with the 5/15 min – 4h is getting there too.

  6. Can anyone explain why APHA has a low market cap compared too CGC.Even if you.give CGC 5 billion just for cash and assets why doesnt APHa have a 5 billion market cap because they have better financials that CGC and CGC has 10b mc

  7. no VFF. it was pretty weak today. nice to see end day green though. saw traders on a non related potstock telegram chamnel and saw them suddenly talk about potstocks. was a good sign.

  8. Hey Dan, thanks for the update, whats your take on weed stocks if the market in general starts putting a temporary top soon? Would weed stocks follow or correlation is no longer relevant since weed stocks have been down for so long, thank you

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