Hello my name is Tom
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first target seems to be back up the $8.00 range...
What is not to like ? Today we closed above the 50 day moving average and the 200 day moving average on hefty volume.
And by the way the 50 dma is rapidly moving up for a bullish crossover of 200 dma
wife? what wife! lol I am going ALL IN on Monday.
POSITIVES SUMMARY FOR NIO:
* Chinese stocks are recovering now from bear market and the Shanghai index is about to break out NORTH.
* NIO will be the low cost leader as compared to Tesla and offer more affable products catered to chinese consumers.
* NIO electric car sales in China are booming relative to regular vehicle sales.
* CHINA EXPIRATION of subsidy for zero and low emission vehicles by 2020 will cause a MAD PANIC to buy more electric vehicles for ALL of 2019 !
Clear sailing above these levels
Nice breakout with volume
Yes the first half of 2019 is moving right along....
my experience with these biotechs is that they tend to move UP INTO news about phase results regardless of whether the news is good or bad.
but then once the news hits the true direction is decided.
I see at least a double from here
also, the lockup expiration seems to have been absorbed so far... not too much damage to the stock.....
time to green light ADIL VERY Soon
the entire float is all bought up 5 times over now... there is still a strong floor in the stock
closing and holding above 7.00 would be HUGE
seems like the correction is over.... wave 2 down....
wave 3 up on deck now...
Well what do you say guys and girls... is this going to be a 1 billion market cap company or what ?
HOLD a chunk of shares until we get FIRST PR's about how the phase 3 study is going....
could be a 100 dollar stock here... a gem...
Where do you guys see AXU trading if the silver price reaches $130 per share ?
ADIL is addressing the worldwide epidemic of AUD Alcohol Abuse Disorder. Does that ring a bell?
Here we have a company with a 30 million market cap that is potentially going to find a solution or alleviation to AUD. A 38 Billion dollar market opportunity.
Forget about cannabis companies with 1 billion dollar market caps and 10 million in sales... this ADIL is much more of a gem.
hehe, yes I jump in and out of different sectors... I saw NXTTF taking major heat and then all the stupid negative media blitz. But now I am back and I like the prospects for several reasons, some technical analysis reasons.
But then other reasons being that this company appears to be on the verge of transitioning from development stage (at least as far as major MJ diversified product sales go) to major commercial stage.
It is that sweet spot that offers the best buy opportunities in any company.
From last years 2017 closing price we are down about 52% as of December 3rd 2018.
It seems to me that makes no sense whatsoever given how much progress has been made.
It is looking like we are going to make up lots of lost ground and reduce that 1 year 52% decline into either a gain or a flat 2018 year. That would mean that price resumes up in December and in New Year to near the 2.30 range.
The technical analysis of the chart supports this thesis because we are just now breaking north out of a large falling wedge pattern which has price targets as high as 2.80. Breaks from wedges usually involve swift price action.
Secondly supporting a rally is that I am seeing a bullish harmonic butterfly pattern at the recent lows. This pattern goes back to mid October.
Lastly and a more general comment it makes sense to me that any company approaching the MJ sector that offers a highly diversified product offering of MJ products is more valuable than any one single MJ grower.
There is significant value in having a huge diversified product offering over time.
I agree with you. What they get away with is totally unjust. They work hand in hand with media who take their phony stories and then probably law firms who then pounce and try to get settlements for every lousy 10 to 20% normal stock price decline. Unbelievable.
Why does Namaste have such a high short position ? What is their main thesis ? That Namaste will never succeed in scaling cannabis product sales or gaining enough customers ?
If there are any shorts on this board I would be interested in hearing their main arguments.
NXTTF is down 75% + from the high reached a few months ago... seems a bit foolish to be so heavily shorting a stock near such a massive support level and also after already being down so much ?
Holy Smokes, if EMHTF gets a breakthrough on this then this company might spike to a 5 billion company overnight.
Our molecule, with its unique mechanism of action that affects the validated targets of these diseases, like MS, can potentially change the course of this disease or, ideally, possibly cure the disease.
https://www.neurologylive.com/clinical-focus/developing-cannabinoid-derivative-ehp101-for-multiple-sclerosis
by the way there is also a HUGE three drives to a bottom pattern in GBTC !!! months long...
it can lead to at least a 100% move UP !!
Ok guys some spooky stuff here....
But the inside track is that we may see a huge super spike up in bitcoin and GBTC IF the stock market CRASHES down from this juncture...
of course unlikely and the bulls seem to be always in charge...
but it is a FACT that during the recent meltdown in spx and broad market we have seen bitcoin trade FLAT.
Also bollinger band width is at the same extreme max lows as was the case just days before 100 to 200% moves up in bitcoin in as little as 1 to 2 months
EMH.V seems potentially explosive this week to the upside.
potential of doing a double play here. (ie. ride some of the big dogs up first, and then sell those and pile into EMH afterwards)
EMH is sort of like the silver cousin to gold price
Yes I have pondered the same thing. At first I thought that the 17th will be a major top and lead to huge sell off in the whole sector.
But now I am of the opinion (and based on years of reading price tape action) that it is instead a huge launching pad for a huge competitive rush for market share of MJ in Canada.
Think about it... we have heard about hints of deals from Coca Cola and Altria recently. But imagine how many other companies are holding back from sinking their teeth into this biz (either as joint ventures or stand alone) until legalization gets rubber stamped on the 17th and onwards.
So my take is that the 17th is the beginning of an opening of the floodgates for the MJ business of Canada.
Will probably be seeing more and more rubber stamped deals on or after the 17th and just a generally more positive and open business environment that at some point will make the USA envious of how well the model is working in Canada.
technical analysis update:
Breaking news.... The 50 Day moving average is rapidly approaching the 200 day moving average and appears to be positioned for a Golden cross very close to or before October 17, 2018 ;)
The sell off in the USA markets barely moved the needle on EMH.V
EMH.V already had its bear market in 2018 !!
A 75% one in fact. And now the USA markets plunge and create all this hysteria and hype. Well I consider that a positive as the endlessly overhyped TECH etc. finally does a correction. And of course that capital will look to find a better value.
EMH.V barely down on today's market drop. Can you imagine what EMH.V will do on a slightly positive market up day ?
Again, we already had our bear market
One billion in sales and then if we trade at 10 times sales that would give us a 10 billion market cap.
Old article but good:
Lastly, we’re dedicated to scaling up our business to meet anticipated future demand of adult-use cannabis. We have two significant expansion projects that will greatly increase production capacity and enable us to produce high quality, low cost cannabis. These projects include a 50,000 sq. ft. state-of-the-art, cultivation space in Metro Vancouver and a 1.1 million sq. ft. greenhouse that is part of our joint venture with Village Farms. These endeavors have the potential to make Emerald one of the largest production facilities, estimating over 5 million sq. ft. that could yield more than $1 billion in sales.
https://www.civilized.life/articles/bin-huang-interview-emerald-health/
Why would you not want to partner with someone to make gel caps with MJ in them?
instead build a manufacturing facility from scratch and figure out how to make them on your own ?
the possiblities are endless, you can pretty much INFUSE CBD into everything
but yes these deals need to benefit both sides financially as well
dont forget Emerald can if needed supply HALF OF CANADAS MJ supply needs next year
EMH.V looks like a HUGE cup and handle ! the top is going to blow off this thing very very SOON !
measured target for the cup and handle is EIGHT DOLLARS !
EMH.V has put everyone to sleep by going sideways for a month !!!!
34 dollars per share here we come ;)
This is a trillion dollar industry up for grabs... EMH will get it's share
This PR is definite reading for all new shareholders. Read it in detail and carefully! huge. 600 million MJ softgels floating around the world = PROFITS
https://globenewswire.com/news-release/2018/08/27/1556803/0/en/Emerald-Health-Therapeutics-Signs-Term-Sheet-to-Access-Large-Scale-Extraction-Softgel-Production-and-New-Product-Development-Capabilities-Through-Strategic-Alliance-with-Factors-Gr.html
EMH.v has basically gone sideways since August 24th
definitely looks like a steam kettle and wants to BLOW the lid off with all the built up steam
7 dollar soon ?
we may have formed something similar to a stick sandwich reversal pattern
https://hitandruncandlesticks.com/stick-sandwich-candlestick-pattern/
that is a very powerful monthly chart for one huge reason: VOLUME
notice how the JANUARY and the MARCH monthly swing highs were both tested by the September 2018 swing high on AT LEAST 200% to 400$ greater volume.
This means on a simple supply demand basis that the 3.00 level will be exceeded in a very big way, it is just a question of time.
claytrader and his video chart posts
Why is he even allowed to keep posting his links on so many boards?
It all comes off as pure SPAM and in general his videos add ZERO value and then he just promotes his subscription service after a lousy 3 minute video on intra day time frame.
His links jump to his board and then JUMPS outside to his website.
PURE SPAMMER. Surprised IHUB has not cracked down on this practice
EMH sure is putting everyone to sleep, but in my opinion this is the calm before the storm.
I think a huge move is coming that will shoot us up to 8.00 on the EMH.V symbol
volume today is a recent record low which is telling me that sellers are almost all dried up which can mean only one thing....
October 17 is huge because it rubber stamps MJ for all of canada as legit and sends a signal to other countries worldwide to follow in the same footsteps.
And it probably will do that because we have governments *worldwide* that are literally going BROKE. Trillions of dollars will be coming out of bond markets worldwide and governments will be hurting for cash at an extreme.
Now what better way to increase worldwide governments revenues?? TAXATION
of LEGAL MJ
It was nice to see Tilry sell off on about 35 million shares at an average of 200 dollars. That is roughly 7 Billion dollars of capital or half that amount depending on how you look at it that will be looking to find a new home.
I am pissed off about these halts too, it is inconvenient for traders and investors who want to add to positions. To stop trading for the length of time is crazy IMO.
Seems like Canada is constantly doing this. Just release the damn news or any news when it becomes available and let the market react.
Just look at bitcoin for example, has trading ever been halted in that ?
all I can say is be sure to get positioned below 5.92 (for canadian symbol EMH)
anything above 6+ and no resistance left and blue sky type price action UP