Cannabis Stocks Keeping Momentum

Cannabis sector overview and trading approach

• –16 years trading cannabis sector
• –Focus on opportunity, not hype
• –Protect gains from quick disappearances
• –Avoid emotional attachment to stocks

Social media and market sentiment

• –Social media drives sector momentum
• –Track forum posts for sentiment
• –Relative strength and weakness guide focus
• –Catalysts like uplisting drive institutional buying

Market breadth and risk appetite

• –Market breadth affects sector performance
• –High-risk, high-reward sectors thrive in bullish environments
• –MSOS monthly pattern indicates potential uptrend
• –Expect relative strength in MSOS and TRLV

MSOS monthly equilibrium and support levels

• –Monthly equilibrium pattern indicates potential uptrend
• –Support at 388 and 597
• –Break 597 for confirmed monthly uptrend
• –Weekly higher low at 468

MSOS bull flag and weekly support

• –Bull flag pattern with weekly EMA 12 support
• –Support at $5 for daily higher low
• –Resistance at 540, 562, and 597
• –Price action today shows resilience

MSOS monthly equilibrium and long-term potential

• –Monthly equilibrium breaking indicates bullish momentum
• –Potential for double-digit gains if pattern holds
• –Expect consolidation and weekly higher lows
• –Need catalyst for long-term bottom

MSOS weekly bull flag and support levels

• –Weekly bull flag confirmed with higher low at 468
• –Support at $5 for daily higher low
• –Resistance at 540, 562, and 597
• –Price action shows resilience

TRLV weekly bull flag and resistance levels

• –Weekly bull flag confirmed with higher low at 1328
• –Resistance at 1328 and 1230-1242
• –Support at $12 for daily higher low
• –Relative strength compared to MSOS

TRLV relative strength and EMA 12 support

• –EMA 12 support for TRLV/MSOS ratio
• –Relative strength indicates bullish momentum
• –If EMA 12 breaks, reassess position
• –Focus on TRLV as lead bull

Probability and market reactions

• –Probability-based trading approach
• –Catalysts like headlines and rate hikes influence outcomes
• –Expect relative strength in TRLV and MSOS
• –Avoid overconfidence in predictions

TRLV relative strength and resistance levels

• –Relative strength in TRLV/MSOS ratio
• –Resistance at 1328 and 1230-1242
• –Support at $12 for daily higher low
• –Potential for bull flag and continuation

GTBIF relative weakness and support levels

• –Relative weakness in GTBIF/MSOS ratio
• –Support at 789 and 791
• –Resistance at 930
• –Potential for trend reversal if support holds

GTBIF relative weakness and support levels

• –Relative weakness in GTBIF/MSOS ratio
• –Support at 789 and 791
• –Resistance at 930
• –Potential for trend reversal if support holds

Liquidity and trading criteria

• –Liquidity is critical for trading
• –Minimum volume criteria for trading
• –Smaller names may outperform in bullish environments
• –Avoid low-volume names with limited influence

GLAS relative weakness and support levels

• –Relative weakness in GLAS/MSOS ratio
• –Support at 1080 and 841
• –Resistance at 841
• –Potential for trend reversal if support holds

VRNO relative weakness and support levels

• –Relative weakness in VRNO/MSOS ratio
• –Support at 634 and 665
• –Resistance at 750
• –Potential for trend reversal if support holds

CRON relative strength and support levels

• –Relative strength in CRON/MSOS ratio
• –Support at 361 and 362
• –Resistance at 431
• –Potential for trend reversal if support holds

CRON relative strength and support levels

• –Relative strength in CRON/MSOS ratio
• –Support at 361 and 362
• –Resistance at 431
• –Potential for trend reversal if support holds

ACB relative strength and support levels

• –Relative strength in ACB/MSOS ratio
• –Support at 270 and 287
• –Resistance at 324
• –Potential for trend reversal if support holds

MSOS resistance and support levels

• –Resistance at $5
• –Support at $5 for daily higher low
• –Potential for trend reversal if support holds
• –Need catalyst for long-term bottom

MSOS relative strength and support levels

• –Relative strength in MSOS/MSOS ratio
• –Support at $5 for daily higher low
• –Resistance at 540, 562, and 597
• –Potential for trend reversal if support holds

MSOS relative strength and support levels

MSOS relative strength and support levels

• –Relative strength in MSOS/MSOS ratio
• –Support at $5 for daily higher low
• –Resistance at 540, 562, and 597
• –Potential for trend reversal if support holds

MSOS relative strength and support levels

• –Relative strength in MSOS/MSOS ratio
• –Support at $5 for daily higher low
• –Resistance at 540, 562, and 597
• –Potential for trend reversal if support holds

Bag holding and psychological biases

• –Avoid bag holding by cutting losses
• –Psychological resistance to taking losses
• –Learn from mistakes and move on
• –Focus on relative strength and momentum

MSOS relative strength and support levels

• –Relative strength in MSOS/MSOS ratio
• –Support at $5 for daily higher low
• –Resistance at 540, 562, and 597
• –Potential for trend reversal if support holds

MSOS relative strength and support levels

• –Relative strength in MSOS/MSOS ratio
• –Support at $5 for daily higher low
• –Resistance at 540, 562, and 597
• –Potential for trend reversal if support holds

Broader market sentiment and sector performance

• –Broader market sentiment affects sector performance
• –Fear alleviation in NASDAQ and S&P 500 benefits cannabis
• –Need for catalysts like headlines and social media
• –Plan for both bullish and bearish scenarios

Trading psychology and risk management

• –Avoid overconfidence and plan for worst-case scenarios
• –Focus on relative strength and momentum
• –Use EMA 12 as support for trend continuation
• –Stay disciplined and avoid emotional trading