Followers | 404 |
Posts | 6,495 |
Boards Moderated | 0 |
Alias Born | 12/06/2012 |
Twitter Profile: | Temporarily Unavailable |
Follow on Twitter: | Follow @ Temporarily Unavailable |
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Don’t appreciate the comment. Have some respect. I know what a pump is....
Great example. Look at the Full Disclosure to see how much compensation is being paid by companies for Media Type companies to push press releases to boast about their company. There is always a Reese’s son behind these pumps, so proceed with caution.
7.00 into support and we run.....
Must hold that level. Bigger picture need to close above 7.37 and hold as support.
Keep in mind 7 is strong resistance level.
7.00 would be ideal support and above 7.37 to ascend above correction territory.
It all boils down to the context of decisions at hand. Regardless of 7 or 8 there could always be an uneven balance of power. They should have business guidelines identified that define how these types of ties will be handled without subjectivity and prejudice. Based on the guidelines it could result into an outside member, most voting power, etc., too many variables to outline.
If we knew the % of holding we could solve that, but I’d suspect Booth. Since Singer is an Independent Director.
This reduces the 8 down to 7
The one with the most voting power or someone who diverts their voting power to another party.
Articles are a distraction and many of biased opinions, paid through stock, or have an short selling agenda. The juicy news is much more noticeable than these lame press releases and seeking alpha crap.
Once it gets going and finds it strength (especially out of correction territory above 7.37), it’ll regain some footing.
Keep in mind that 7.37 is now a major resistance area, so expect the bears to put up a fight, unless volume is explosive on the breakout and support holds.
Appreciate ya. Correction was needed and healthy for the market; especially if we intend to move higher. NOW those lows on the indices will certainly need to hold (should they become retested) to avoid much greater pain, which is probably due in 18 months from now.
Cannabis has always been a pumper in the OTC and one that catches a ton of hype and emotions. ACB falling 50% - 60% is a healthy retracement; especially if the earnings prove to be as bullish as everyone is anticipating. However, as we’ve seen throughout 2018, it’s the guidance that’s driving the most influence and not the number beats; however, those need to be ‘as expected’ or ‘better than expected’.
It’s going to depend on the investments of ACB and not so much their weed sales. All the other speculation with Coca-Cola, Beer, etc., is irrelevant until it’s fact checked by the companies themselves without any reasonable doubt.
Thanks buddy! Cannabis was mixed earlier; looking bright *green* now, lol.
LOL! I spend most of my time away from boards and the news. Keeping it simple focusing solely on time, price, and broader markets (indices, international, bonds vs interest rates, etc.)
Always follow the trend of the market to ensure on your the right side and ride the waves
Sounds like you have a trading plan that works for you, congrats! Simple model. Tops can be frustrating as the criteria is constantly moving. Most stocks pullback when facing resistance, so that’s an easy one to implement into your plan. Nothing wrong with shedding a few profits here and there. Add that to your plan and see how it works out for ya!
You’re welcome. Make sure to have a trading plan and follow it buddy!
Retest of resistance on deck. Classic morning for the entire market. China talks went well and big earnings coming up today.
Internal’s turning around. Bought the dip. Big earnings after bell today can life the market.
Yes, Internal’s broken down. Climax spikes signaled sell this morning. Today’s news was nothing significant; only to drive enthusiastic buyers into resistance as many of us sold into it.
Yes! That’s exactly correct.
Classic sell into resistance.
Yes. Institutions and Mutual Funds need to produce reports and results to their clients. It happens all the time. They’ll rotate money out of weakness and into strength, then back into those weak sectors once oversold and nearing end of month/quarter.
It’s complicated but happens more often than people think.
Support above 7.11 very bullish.
7.00 - 7.11 resistance.
I disregard the news and focus on time and price of the market, as details are not clear enough to make an intelligent decision. It’s all speculation and assumption (forward thinking) at this point. However, each can have their own outlook.
My thoughts as well. Just have to watch how ACB performs in the first few minutes of the day.
Looking good here buddy. Wouldn’t mind to be an open gap runner and closing above 7.39.
Above 7.39 is goal today; out of correction. This will trigger institutional scanners; despite still being in limbo until above 8.24.
I’m unbiased to any news, theories, YouTube videos, or others beliefs - main goal is protecting capital, taking profits, and repeat.
Follow your trading plan. Congrats to all of us who are making bank $.
Have a great night, All.
Should be a volatile end of month closing today.
Nice to see 6.65 turning into support.
Congrats to all who loaded Tuesday morning and into the 6.00 support area.
Resistance at 6.79 (currently), then onto 7.20 - 7.24 upper gap resistance, which is usually strong, so don't panic if there is a small pullback.
Follow your TRADING PLAN, always. Good Luck to All.
Okay, here we go above 6.56 and 6.65 into support.
You'd have to define the ambiguity in these statements in-order to make a vote.
It'll set tone for next month. November and December are traditionally strong months; especially with earnings beating expectations - most recently FB, GM. Apple reports this week as well.
Usually at end of month, but more noticeable end of the quarters.
Indices, Cannabis, and Sectors hitting resistance at high of day; internals remain bullish. Futures remain strong.
When you hit highs of day; especially at resistance levels always expect a minor pullback.
Keep in mind today is last day of trading for October, so there may be some window dressing at the end of the day.
Cannabis ETF fighting to get out of correction above 31.70. ACB is a 7.3% holding in this security. with Canopy (10%), Cronos (10%), and Tilray (8.5%) being the highest percentage.
Healthcare sector (cannabis is part of) needs to get back above 92.
Here's the pullback. Remains strong. Must remain above 6.16 to keep the short-term trend upwards.
6.65 is the bulls support target .... $$$$$$