/biz/ - Business & Finance

Holy shit Ballard. This feels like the dude weed (when it was bullish).
>buy signal i buy
>next day no news plunge as much as -12%
>i immediately double my initial position as the rebound forms at about -7% intraday
>today +9% and maybe still climbing
>???
>yay?
That was a bart in to inverse bart on the hourly. Buy side volume looks good so i'm holding. Will skim off the double diwn amount soon as i don't want that much exposure.

>>21714922
Yes

PALLADIUM BREAKING FREE OF THE BONDS OF THE ENERGY CONGLOMERANCE

>>20652271
Assuming equal position size you're up 0.6%! Sweet!
Also this OP sucks and OP should feel bad.

SPY LOOKING TO PUT A GREEN CLOSE IN THE BOOKS

Alright cool. Lowball on AUSA filled at 20% below open price. I'm going back to bed. Will return for power hour.


>>11134524
Yep.

Well holy shit. Constellation brands (Corona beer etc) just announced it is increasing stake in Canopy Growth to 38% with a 3.8 billion buck investment. Whole sector pumping hard. Canopy up 25% right now.

https://www.bnnbloomberg.ca/constellation-extends-pot-bet-with-3-8-billion-investment-1.1123849

Weed sector bleeding due to underwhelming financials from Canopy. Keep an eye out for oversold conditions to play the bounces.

I'm all in TBP common shares and TBP warrants for now but looking for aforementioned oversold RSIs in coming days for swing opportunities.