Jushi Holdings Inc (JUSHF)

[TruthSheperd]

Conference call felt like maybe the staff was dipping into the product too much. I did like the fact they are actively buying dispenseries hopefully not paying alot.

[cardvic]

Wowser.

[cardvic]

What happened to JUSHF? Anyone?? It seems to get hit harder then then the other Cannabis MS0's and LP's.

[Lostcoastkid]

Yea brah….it says it might go up and it might go down. Boom shakalaka

LCK

[Ultimate Weapon]

Yo Surfer Dude ! Does the Chart say Which way this Poney Runs ?
Thanks Braahhh.....

[Locksmith]

I like the bounce out of the 70s area. Really want it to hold above the pennant breakout on the weekly, but looking better here rn than that other ticket.

[Lostcoastkid]

As long as we print a higher low on the weekly and consolidate there, we are golden…

Gonna let the indicators settle down and see where we land, kinda saw this coming with the X hype/tweet lol

LCK

[Locksmith]

It was overbought for a few days and the rumor mill on X about news out of Washington didn’t materialize.

[cardvic]

Any known reason for the haircut?

[Locksmith]

Yeah, a little deeper than I was expecting but not surprising given the overbought.

Still looking to summer so not sweating it.

[Lostcoastkid]

Well, that was a beat down….might add if we see weekly consolidation. This flush was deeper than the charts would like?

LCK

[Locksmith]

Doesn’t look like it. If I was a skeptic I’d say the MMs were pushing it lower so they could get a better entry. But we know that’s not true and it never happens. LOL

[Lostcoastkid]

Maybe today?

LCK

[Locksmith]

Yep, I was thinking the same thing. Would open things up nicely.

[Lostcoastkid]

Would love too see a close above 1.00 and flip it to support

LCK

[Lostcoastkid]

Thanks, love the insight in my DM…much appreciate it.

LCK

[BOS]

Took a long position here past few weeks. Just wanted to say hi on the board and look forward to digging into the company more and discussion.

[Locksmith]

Tuck these away for future reference. They may come in handy when reviewing as price approaches the various gaps.

https://investorshub.advfn.com/uimage/uploads/2024/2/2/ba[srJUSHF_2-2-24.JPG

https://investorshub.advfn.com/uimage/uploads/2024/2/2/miutlMSOS_2-2-24.JPG

[Locksmith]

Ok. I’ll try.

[Lostcoastkid]

4-5 I believe

LCK

[Locksmith]

What time is happy hour? 5:00 ET?

[Lostcoastkid]

Would you feel comfortable making a suggestion on the option chain? I know that’s a sensitive question. Feel free to DM me

I limit bought the ETF this morning with a stop at the breakout level, getting riskier….see how I feel at the close.

This ticket looks tasty, banging its head on .95….a matter of time

LCK

[Locksmith]

Yes, definitely wouldn’t suggest going into options unless you’re comfortable taking on that risk. Whole different game.

Enjoy the ride!

[Lostcoastkid]

Thanks, great perspective. I still don’t have enough confidence on the options and I’m sure there is a ton of opportunities on the ETF. Appreciate it…need to sit on my hands today lol

LCK

[Locksmith]

Look at the BBs on the monthly for your 3 tickets in this sector. The spring is just winding up. I’m not going anywhere now.

I took some June contracts on the ETF several weeks ago and may add more for Sep. Just waiting for a good entry on that.

There’s a ~10:1 correlation here with that other ticket and still moving together so not seeing much difference between one over the other which is what you would expect from a sector driven move. There’s just not enough volume here to smooth things out so things are a bit more challenging because it looks so erratic. That said, there was an analyst perspective not too long ago that JUSHI would be one the tickets that would benefit most from S3 (part of the reason why I re-entered here). The other one has FL+S3 going for it. So slightly different catalysts here.

I wouldn’t be surprised to see the EMAs ‘catch up’ a bit here. The sector confirmation yesterday in the daily was good to see. Need some follow up to confirm now. Weekly prints today.

GL

[Lostcoastkid]

Ok, what’s the thoughts on this ticket? Chart is not so clear as the other….lots of wicks off that .90, a break and hold above that would be ideal Im assuming. On the fence is I trade this one because of that resistance or hold, see how the day unfolds…

Edit~
Looking at your closer view of the volume profile, it broke and closed above the trend line. Seems like ALOT of runway above this .95ish….kinda clear to 1.40ish

LCK

[Locksmith]

Ticket. LOL, I hate typing with my thumbs!

I liked the attempted breakout on the 16th and test of support on the 18th-ish. The volume profile was working for me so I picked up a few.

Yesterday’s late move in the sector ETF, with volume, was interesting. Saw it your local favorite too. Things certainly are warming up.

[Lostcoastkid]

Just pulled up the 1 year chart and threw some trend lines up. Only thing I’m not digging here is the lower highs fro the local top/breakout on HHS news in Oct. I’m seeing a lot of top side wicks on the daily candles too. It could be it’s just working through that liquidity in this area, referencing the volume profile chart you posted. Not fully out of the woods yet?

Funny…on your last post from the other board you wrote “ticket” instead of “ticker” …im sure it was a typo but I love it! Im now calling all these… “tickets”

LCK

[Lostcoastkid]

Hey, just seeing this now…in Arizona at the moment. That link is interesting, not surprising at all!

LCK

[Locksmith]

Down days on decreasing volume are ok by me. Did you see this? Guess we're all just waiting for when Uncle Joe thinks the time is right.

Politics

[Lostcoastkid]

Any thoughts on the volume? All cannabis plays were starting to ramp up then the volume fell off a cliff the past few days…

Im happily in dry powder eyeing up some other possible set ups

LCK

[Locksmith]

Nothing wrong with booking a gain and having dry powder. Looks like we both made similar plays.

If you squint just right on the hourly, looks like a bull flag going into a support/demand zone. But what do I know, I’m just looking at a chart. And we all know charting doesn’t work.

[Lostcoastkid]

Yea man! I closed out JUSHF and MSOX yesterday and waiting to see how this settles. That link I posted on the other board…that we both commented on….well, it had thinking this isnt happening anytime soon. Lots of hurdles so…my trades/positions are on a tight leash.

BTC proxies getting crushed, opportunities are going to be presenting themselves…nice to have freed up capital ;)

LCK

[Locksmith]

I guess I'll just go with the flow. ;)

[Lostcoastkid]

Still on the sidelines, not sure what to do lol?

LCK

[Locksmith]

Come back in. The water's fine!

[Locksmith]

Now what? Going to reload on this retest?

[Locksmith]

Good for you. Looks like the retest of the new support is coming today.

[Lostcoastkid]

Closed out my JUSHF position yesterday, nice gains for a 2 week hold. Looking at the gap fill, see how it trades from there

LCK

[Lostcoastkid]

Thanks so much! Going to take a peek now…Canadian markets trading and all these tickers are seeing nice gains. IMO believe these resistance lines they are currently bumping their heads on will be breached tomorrow…

LCK

[Locksmith]

Here's the bigger picture. https://investorshub.advfn.com/uimage/uploads/2024/1/15/wscueJUSHF_VP.JPG

And the closer view.
https://investorshub.advfn.com/uimage/uploads/2024/1/15/ytttnJUSHF_VP2.JPG

Seems like a bull flag within a pennant, pushing up against resistance.....just like the other ticker. Clear that, which IMO think will happen soon, and this should run.
Might be a couple of hurdles in the 1s to deal with, though.

[Locksmith]

Will get to it when I can. Traveling today.

[Lostcoastkid]

If you have a chance I would love to see the chart w/volume profile for JUSHF….no pressure, still haven't time to dial it in on my end

Hoping for good week!

LCK

[Lostcoastkid]

Still got my bag, like the narrative rumblings…

Also grabbed a little degen play this morning,MSOX…..volume was lit up

LCK

[Locksmith]

Nice candle to close today. Dipped my toe today on that other ticker today.

[Lostcoastkid]

Nice trade, bull candle coming into the close…holding

LCK

[GE_Jim]

GLTY. Got in as low as .428 built up a decent amount up to .46 Sold it all off today. It's a nice bounce.

[Lostcoastkid]

Entered this past week …mid 40s

LCK

[Lostcoastkid]

No

LCK

[RangerPete]

Heavy buying in the last hour gave a nice boost to an otherwise strong down day.

Insiders?