Monday huge support at 2 and I can see 2.5-3 this week looking at the RSI on the weekly.
RokinMomGo
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@derekh42, thinking for selling when it gets to the $3 + range maybe do tgod instead?
derekh42
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@RokinMomGo, Fire has a great brand (7 acres), and money coming in and wholesale deals. I would stay with FIRE until $5-$8 - believe fire is worth 2 Billion. Tgod is a long play has they are still pretty far behind. its a great stock solid value $4-$6 range. as their future 2 year goal looks promising. check out ACB too P/E ratio at 12 is $85. I am guessing their P/E ratio by next quarter will be 0 @ 12. so $15-$20 within the next 6 months isn't impossible. N (Namaste) holds great value @ $1.5-$2 in my opinion. this is how I would diversify and
RokinMomGo
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@derekh42, ty I'm also hinking long term with fire.. i may sell a bit once at $10. I have ACB will wait it it out see what happens next financials. Daughter needs her Unv tuition... lol in long term. Got in early enough.. even when low at this point still High in $
Financials look solid. Nothing in Tgod.. I think their hanging onto ACB I also have Hexo they have 1 bil contract with Quebec government 5 year contract distribution with metro.. don't see them going anywhere in bed with the province.. will sell once at $20 will look at namaste for sure. What's your view on RTI ? Extraction process etc.. Radient Technologies? $1.18 right now. Thank you by the way.
derekh42
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@RokinMomGo, I like RTI but I don't like stocks under $2. they are so moving and I would only buy RTI after it breaks 1.40ive had my eye on it. I traded it at .84 cents and sold at .94 for a swing trade.84 cents is support. The markets aren't looking strong the TSX and SPX has most momentum but we are in red October and earning season so what most ppl are looking at are canopy's numbers in November. I think the 13th. lets see how the next couple of weeks
RokinMomGo
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@derekh42, yes.. my trades are so small and got in low enough even when there down my profit are still there min10% in for the long haul. Hoping coke jumps in soon with auroa. Fire hopefully by 17th will graduate from cve to tsx Going to be an interesting two weeks and months. I do not think any forecasting is going to be accurate. Better sleeps in mutual funds lol