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nah i have more shares than those blocks being sold. Smart money wont sell here at all. Just look at the charts. this is an awful sell area for the past few months. We are all here to make money. Better to make the wiser decisions
I guess this will go down to .0037 (even though it shouldnt bc probabilites point in the other direction) just so Claytrader and his cronies can be right...
trading stocks has nothing to do with supporting anyone. We are here to make money not go bankrupt playing against the trend. Use wisdom...the trend is your friend and this is about to break out upwards. I'd hate to see you lose money seriously since you seem to have a level head. Whether you think they are cons or not does not matter bc that is solely opinion and the probabilities are showing much more bullish signals long term (weeks/months) and short term (hourly/days).
no its not. Hemp bill about to be passed any day and charts show otherwise. We are all here bc we want to make money so I suggest following the trend, bc the trend is your friend. Take a look at the charts that I posted and lets make money together
CURRENTLY IN AN HOURLY BULL FLAG, TRADING ABOVE THE EMA AND MIDDLE BOLLINGER BAND. THESE ARE BULLISH SIGNS OF CONTINUATION IN THE UPWARDS DIRECTION.
The weekly chart is a bull flag, the daily is getting tighter and todays 30 minute price action is clearly showing more bullish continuation. Also the MACD weighted on the daily is curling up indicating a bullish signal. STOCHRSI is also recommending a buy. Here are the charts.
-Weekly chart is in a bull flag as shown here:
-Daily has formed a very strong support at .0032 where it touched it 4 times on the daily and has bounced. Shown below
Bull Flags are BULLISH continuation patterns. Therefore this chart is bullish on the 30 minute chart all the way to the WEEKLY chart. Also fundamental signs point bullish as the farm bill, which includes the hemp bill, will be passed very very soon and this will run off that mark my words. It already passed through the senate by a landslide 86-11
It most definitely will pass. It passed the Senate 86-11....thats a landslide victory! This sector is about to go on an insane bull run for the US companies. Why in the world would anyone not be aquiring shares right noe is beyond me
We have that and also technicals. Everything points bullish on my charts. Weighted MACD on the daily is crossing bullish. For shorter term we are trading above the EMA on the hourly and the middle Bollinger band. Both are crossing upward. As far as patterns we are breaking out of the 30 minute bull flag right now, still in a weekly bull flag for another week and a half MAX. When it breaks out it'll go like crazy!
Plus like you said we have the hemp bill being passed literally any day now. Also Canada opens its doors on the 17th of October for recreational. Then we have states becoming legal here in the USA in November. Too much upside. Makes way more sense to load up bc it could lit3rwlly be any day now. I left trading canopy growth and Aurora for this. Bigger gains here that will be any hour or day now
Well they aren't borrowing mine. Locked up 4 million shares and counting. To ten cents here we go!
LETS TAKE A LOOK AT THE CHARTS. The pattern it is in is a bull flag, which is a bullish continuation pattern on the larger time frame, the WEEKLY chart, the daily is getting tighter and yesterdays 30 minute price action is clearly showing more bullish continuation. Also the MACD weighted on the daily is curling up indicating a bullish signal. STOCHRSI is also recommending a buy. Here are the charts.
-Weekly chart is in a bull flag as shown here:
-Daily has formed a very strong support at .0032 where it touched it 4 times on the daily and has bounced. Shown below
-30 min chart is a bull flag after todays volume increase from bouncing off of the .0032 support. Shown below
Bull Flags are BULLISH continuation patterns. Therefore this chart is bullish on the 30 minute chart all the way to the WEEKLY chart. Also fundamental signs point bullish as the farm bill, which includes the hemp bill, will be passed very very soon and this will run off that mark my words. It already passed through the senate by a landslide 86-11
Pretty sure those are corn fields and the pictures are from July 2012....it clearly says they are 6 year old pictures.
If technical analysis did not work, people would not use it. Of course charts work. They show the higher probability of things
Funny how you got an email about it, het they haven't answered even 1 of my 3 emails that I sent then over a month ago..m
not quite sure why he wouldnt look at the large time frame. Blows my mind that he only trades off of price levels. A trader should have multiple tools in his belt and not just that. The pattern it is in is a bull flag, which is a bullish continuation pattern on the larger time frame, the WEEKLY chart, the daily is getting tighter and todays 30 minute price action is clearly showing more bullish continuation. Also the MACD weighted on the daily is curling up indicating a bullish signal. STOCHRSI is also recommending a buy. Here are the charts.
-Weekly chart is in a bull flag as shown here:
-Daily has formed a very strong support at .0032 where it touched it 4 times on the daily and has bounced. Shown below
-30 min chart is a bull flag after todays volume increase from bouncing off of the .0032 support. Shown below
Bull Flags are BULLISH continuation patterns. Therefore this chart is bullish on the 30 minute chart all the way to the WEEKLY chart. Also fundamental signs point bullish as the farm bill, which includes the hemp bill, will be passed very very soon and this will run off that mark my words. It already passed through the senate by a landslide 86-11
It honestly probably won't have much of an impact if at all. What will make an impact is when the hemp bill passes or states legalize come election time. Last year it ran off of Cali bc POTN is a US company. It could have some waves with Canada legalization, but don't expect a full on run unless something happens here in the USA
you bought and held while it went down while I almost doubled my account. A smart investor sells and buys at the right times. HODLing is not a good strategy
....its called a bull flag. a quick google confirms this. A trader should be aware of basic patterns. All signs point bull. The trend is your friend man. Make money and hop on board
Reasons why the chart is SUPER bullish
-Weekly chart is in a bull flag as shown here:
-Daily has formed a very strong support at .0032 where it touched it 4 times on the daily and has bounced. Shown below
-30 min chart is a bull flag after todays volume increase from bouncing off of the .0032 support. Shown below
Bull Flags are BULLISH continuation patterns. Therefore this chart is bullish on the 30 minute chart all the way to the WEEKLY chart. Also fundamental signs point bullish as the farm bill, which includes the hemp bill, will be passed very very soon and this will run off that mark my words. The trend is your friend man. Hop on board and lets make some money
Hahahaha why would you sit in something stagnant now. The money to be made is elsewhere
What made you change your tune? Yesterday you told me that I'm always wrong and you've been right and to buy in Now? Lol!!
However only 7 days until hemp bill passes. News any day. I'm locked and loaded ready for the ride!
Lol! I'm in this stock, but come on man. There's no way that's true that you texted him ????
Already 80% of yesterday's volume and still half the trading day to go. Reversal signaled with a quadruple bottom on the daily. Locked, loaded, ready for take off!
I was in last year at .07 so I know what ya mean. Like I said I really do see this running, but my job is trading the stock market so I cannot afford to let this junk bleed my money every week and have to trade out of management being silent like ghosts lately. Most likely it'll run more towards the end of year, when money leaves the big Canadian stocks on search of more gains. Until then this stock is stagnant and a bleeder
Imo there is better opportunity until management clears things up. Even with a gap up I'm still way better off haven left this and can aquire many more shares. Elimated the risk and having to endure the further downside and made bank doing it. It'll probably have a few green days sure. But I don't see this full out running until next month at the earliest
Was I wrong? I bought in at .24 and made a good 20% on that break and traded. You think I was wrong doesn't mean I was. You don't know how I traded it lol.
Read between the lines. Coca cola said they are eyeing up companies. ACB has had talks with multiple beverage companies. I seriously don't understand how this ever could be conceived as bullish for POTN. Mind you I'm saying this as a person that believes POTN will run. Just not now. This news is really bearish for them imo
It would be different if it was a deal with Wal-Mart or something that sells products bc then POTN could be added to their products in there to sell. That would be bullish, but hearing coca cola looking at deals with big companies like ACB is bearish for companies like POTN
No dude, I'm right on this. Think about it logically. POTN does not grow MJ or HEMP so companies like coke won't even mess with them. They go straight to the source like ACB. Now say you are the CEO of POTN and you hear that a big player like coke is partnering up with someone as huge as ACB for products to compete with your products....how in the world would that ever be conceived as bullish for POTN? Be real. That's a huge competitor that can easily outdo POTN
That is yet to be determined honestly. I never thought we would break . 25 bug here we are....im making money on the big guys running and still can hop back here when/if potn gets their act together and have way more shares than when I left on Thursday
Dude they are considering big companies like ACB CRON APH...ya know actual growers. If anything this is bearish for potn bc they will be squashed by companies like this that join together. You all should be riding the big guys until while they run instead of having your money sitting here stagnant
I don't doubt this will run. The real question is when? We haven't had any real news in over 30 days. I was constantly selling here to go make gains elsewhere just to hold it over night and suck away what I worked at. So for now I'm out. Already up plenty since and will wait for some sort of confirmation. Gap up or not I have more than enough profit that I will still be ahead of just sitting and waiting. The big names in Canada are still very volatile and plenty of opportunity there. I can see it this running late October like you said bc by then the big names in the north should be done running, but who knows. I don't see this running until they stop and consolidate for awhile bc once everyone is done making their gains with the solid companies they move their money elsewhere seeking more gains. Also as you stated before November is a month for more states to vote for legalization. So imo this is going nowhere until mid to end of q4. It could have green days sure, but I highly doubt a run will happen until that time frame. GLTY
Imo they don't have to make a move now, but they are eyeing up with a big supplier so to be entirely honest I don't see little companies surviving. I will play POTN again when/if the stock looks better chart wise and management updates us on something at least. I'm making significant gains elsewhere and can already buy way more of this stock than when I left a few days ago. This thing probably won't run for another month or two when the big guys had their time in the spotlight unless this spirals downward out of control
Heres the article. Also the talks with Coca Cola is with ACB not POTN...you cannot get the two confused since ACB is a grower. That has zero effect on POTN if anything it hurts them as these big conglomerates partner together to wipe out the little guys.
https://www.agweb.com/article/wiesemeyer-farm-bill-fight-over-more-than-snap/
Oh it'll pass eventually. What I read is that an extension is pretty much inevitable at this point. Let me find the article real quick
I literally just read an article from a few hours ago saying that it is unlikely to pass before the end of month because of the differences in the SNAP program and a Trump tweeted complaining about it. This, plus the company keeping us in the dark on real news for over a month has me staying away from buying back in again
Actually day traders can easily make this stock move. I made over 20% in the market since Thursday while this garbage stock tumbled. Sure half I didn't stay long right now
They were silent for over 30 days....thats not just concerning to day traders man. This thing when off the rails at the expense of the shareholders. I trade sure, but this crap they pulled cost me a lot of profit that I traded only to come back in here waiting for this baby to run for weeks and it never came. I believe that it will one day, but to be honest, I don't think it will any time real soon it could be over a month away get until this thing turns a course only bc management kept us all in the dark and still is
Yeah....were is the July revs that are over a month past due. The August revs. Or any information at all about the auditing company since ya know they went silent for 30 days and then only publish this. Really?!