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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
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.
I guess I'll just go with the flow. ;)
Come back in. The water's fine!
Now what? Going to reload on this retest?
Good for you. Looks like the retest of the new support is coming today.
As Jim noted in his post, the end-game is de-scheduling. With all of the angst getting to where we are now, that end game seems way off in the distance. Can we progress and get to (C3)S3, sure. There's just a LOT of things to get un-done and the way we drag things out in this country I may not be around long enough to see it. And of course, it is possible for a surprise de-scheduling to come around a blindside a lot of people, but that seems like a very expensive un-do to me. I don't see it happening soon.
There are way more reliable and tradeable tickers that can be leveraged for gains compared to this one. Sure, there's money to be made here, I'm just not willing to lock up too much cash here when it's subject to so many legal and political agendas.
Yep, and there you have it. Towards the end of that doc it refers to the International Treaty Obligations. If you really want to know what is in play give it a read. Pretty sure insomniacs will find the content useful.
The headline will get the press, but as always, the devil is in the details.
GL!
Funny how that stuff happens. Kinda like magic.
I have my bucket of popcorn ready. Let’s see how this plays out and if the ticker is worth its salt.
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.
Will get to it when I can. Traveling today.
Anyone dig into the international trade restrictions that will have to be dealt with with a conversion to S3? Any thoughts on how long that would take and how it might impact S3 rollout?
Ok, you asked for it. https://investorshub.advfn.com/uimage/uploads/2024/1/13/hnfakTCNNF_1-12-24.JPG
I'm not surprised to see yesterday's move end in the 6 area (white lines). Once/if we move higher that should become our short term support. Note the sloppy C&H forming. It's a little deep and sloppy, but still there.
Once we clear ~8, the volume profile is showing a fast move to the 10s area (or more likely the low 11s) which IMO looks like it will happen. Just need the breakout move to be confirmed and it should be off to the races.
GL
Weekly pennant being tested.
Maybe Nancy is sniffing something out and grabbed a little half mil block today?
Whatever they get it won’t be enough.
Daily and hourly were building a bull flag but getting a little long in the tooth today.
Sentencing has moved again. New dates/times:
Biton 3/14/24 11:00 ET
Dror 3/14/24 2:00 ET
Taieb 3/14/24 3:00 ET
Nice candle to close today. Dipped my toe today on that other ticker today.
TDAmeritrade and Trading View have it. Free on TDA so that’s what I use.
Haven’t found it on Fidelity but I don’t use that platform for charting anyway.
Can’t find it on TradeStation.
Yeah, maybe. Check the volume profile on the weekly to see the opportunity through the 8s and 9s. Until then it’s not really exciting me much.
A cross of the weekly 50 around mid 6s, or the daily 50 around high 5s would peak my interest a bit.
You may be right, just early, as the movie quote goes. Lol
200 starting to come into play. Will have to watch.
Yep, I get it. It really is a shame DC can’t get their act together on this and sooo many other things as well. SMH
The year has been good and finished up nicely. Done for now. About to go through Dothan shorty, will wave on my way going by your place. ;)
Good to hear from you LCK. I’m not going anywhere near this. Way too much (other) opportunity now, nor to have been sitting on this dead ticker for months on end now.
Dysfunction reigns supreme and I personally don’t have positive expectations for meaningful change (in Washington).
Sure, some day this ticker will run. I have no doubt about that at all. I’ll be back then.
Note the h on the 1 hr. Doesn’t bode well.
Just sayin’.
Sentencing has moved again. New dates/times:
Biton 3/14/24 11:00 ET
Dror 3/14/24 2:00 ET
Taieb 3/14/24 3:00 ET
As far as I know, Biton sentencing on 1/3/24 and Dror on 1/4/24.
Not yet. Emailed updates usually come out a day later, or so. I did not attend/listen in.
A status hearing is scheduled for April 25, 2024, 02:00 PM ET for defendant(s) Charles Vaccaro, Dennis Ruggeri, Gary Berlly.
A trial is scheduled on June 3, 2024, 09:00 AM ET.
The sentencing hearing for defendant(s), Eli Taieb, has been set for January 3, 2024, 02:00 PM ET
New sentencing dates:
The sentencing for Yosef Biton, has been set for January 3, 2024, 11:00 AM ET
The sentencing for Dror Svorai, has been set for January 4, 2024, 11:00 AM ET
New sentencing dates:
The sentencing for Yosef Biton, has been set for January 3, 2024, 11:00 AM ET
The sentencing for Dror Svorai, has been set for January 4, 2024, 11:00 AM ET
Got it. Thanks again.
Thanks Cash. Do you know if they will pool the assets and claims across all the cases, or do they go sequentially so the ‘last’ case potentially has nothing to distribute?
Yes, saw that too.
Being legally illiterate, it that a one and done or the beginning of another set of court dates?
Hagan got 1 year + 3 yrs probation and a $15k fine.
SMH
Well played. That didn’t take long.
I’ve learned so much about trading from this bored it’s amazing!
Increasing the OS will also increase the PPS. It must be some new math that I haven’t been privy to until now.
Maybe I’ll write a letter to Kim asking her to please, please increase the OS. Anyone else here want to sign on?
So imagine this…some day there may be a cannabis futures contract. Wouldn’t that be interesting?
Hagan’s sentencing date has been pushed to 8/28/23.
If news is what moves the stock price then the price should never change until the next story comes out.
I guess I’m missing a LOT of news stories.