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Bullboard - Stock Discussion Forum Delta 9 Cannabis Inc. T.DN

Alternate Symbol(s):  DLTNF

Delta 9 Cannabis Inc. is a Canada-based vertically integrated cannabis company. The Company operates through three segments: Wholesale Cannabis, Retail Cannabis and Merchandise and Devices, and Business to Business. The Company sells cannabis products through its wholesale and retail sales channels and sells its cannabis growing pods to other businesses. Its cannabis products include dried... see more

TSX:DN - Post Discussion

Delta 9 Cannabis Inc. > Cup & Handle
View:
Post by Debentures on Sep 09, 2020 1:00pm

Cup & Handle

Cup & Handle formation forming.. we're going to be active in Q4 as per many of John's interviews. "Back half of the year expect us to be active"
Comment by Deltauser on Sep 09, 2020 1:21pm
Just curious, as I'm not a big believer in technical analysis (I know... if enough people believe it, it will become a self-fulfilling prophecy...), but does D9 having such a low volume reduce the value in your model? Debentures - (9/9/2020 1:00:25 PM)  Cup & Handle Cup & Handle formation forming.. we're going to be active in Q4 ...more  
Comment by ZFowler on Sep 09, 2020 1:48pm
Low volume definitely makes accurate technical analysis and forecasting more difficult. In our case, any investor that has $10,000 worth of Delta 9 and wants to sell for something else could easily cause a dip of several cents and then it could baloon from there.  The fact that we lost 25% after good news is proof that this stock can be easily manipulated. 
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