pattern history canopy growth

History of Canopy Growth in Patterns

It is not a secret that Canopy Growth (WEED:TO) is one of the most successful cannabis companies. The early investors have definitely enjoyed a share price rise during the last years and more people are still entering this young industry in general. Such a big firm as Canopy Growth has been experiencing quite a high…

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Watch Out For Pot Stocks Profit Taking

In the very beginning of this year, the weed stocks found their bottom and changed their trend direction north! Trade Via Trend was quite ahead of this and posted a nice article about investing in a marijuana sector. In long-term, the cannabis industry is absolutely going up. However, in short-term, we might be ahead of…

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Are Pot Stocks Still In Consolidation?

The Pot Stocks Are Still In Consolidation! Cannabis stocks have been riding a wild rollercoaster this year. Legalization in Canada and increasing public awareness in the US is pushing the companies’ valuations to the extreme levels. Nevertheless, it is the most speculative industry on the financial market this year and thus, the prices go up…

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Canopy Growth – Shopping time #2

The first time we reviewed Canopy Growth Corporation (WEED.TO) was at the end of April this year. The stock was about to complete a triangle pattern which successfully revolved to an exceptional breakout. See here. That was the first great time to acquire some shares. We believe that now it is a second favorable opportunity…

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Why Are Marijuana Stocks Dropping?

Why are marijuana stocks dropping right now and what shall we do about that? The year 2017 was an extraordinary year for cannabis stocks, many of them doubled, tripled, quadrupled; the big caps like TSE: WEED or TSE: ACB started to record significant revenue increases while lowering production costs. From a trading perspective, the cannabis…