Another Marijuanaaa stock that is looking good right now. TSX:VFF just broke the bullish flag, let's see where this goes. Q2 conference call on tuesday, next week is going to be the big turning point for that breakout.
Dear traders & everyone who is learning Technical Analysis!
In this video I'm going to show you how to recognize a core bullish trend & play Ascending Triangles. It would have given you amazing profits in the case of VFF.
Have fun watching! ;)
VFF has pulled back in two legs sideways to down after a strong bull rally. The bulls have a 60% chance of a second bull leg up before there is a strong bear reversal. Last week broke below the 14 first leg down. This is where the bears need to be the strongest. This is also where strong bulls (and bears) will start looking to buy for trend continuation. ...
VFF has been battered after its rapid rise to the 20's it was a very euphoric journey but now its in a downtrend maintaining under the moving average and also printing poor RSI setups for bullish divergence.
I plan to short this company with 100 shares at the current price $14.72 my max loss is $15.82 which will be the exit for my position if I am wrong about the...
Market Cap 553.39M
Inst Own 9.10%
Insider Own 21.87%
Mar 13, 2019 - Net income improved to positive US$0.3 million,
VFF at 15.66$ on 26/04/2019
Short to 14.85,
double top at 17
on a pullback to 14.80
if it cant hold
13.09 shown last support
Perf Year 200.60%
VFF big upper wick and profit taking with three bounces from the low of day, lose that level tomorrow we'll be looking for a healthy daily higher low. We've already pulled back 10% from the top of the move, we could still pull back 40% and be very healthy on the weekly chart. The triple bottom on the hourly chart makes it clear the bulls are defending the low of...
Things are getting a little euphoric with multiple 12% days in very close proximity, SET YOUR STOP LOSS on this name because when it pulls back it will pull back hard, and it's a lot easier to get out when you have your plan in place and your order is already set