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OrganiGram Holdings Inc T.OGI

Alternate Symbol(s):  OGI

Organigram Holdings Inc. operates through its subsidiaries. The Company’s major wholly owned subsidiaries include Organigram Inc., 10870277 Canada Inc., The Edibles and Infusions Corporation (EIC), and Laurentian Organic Inc. (Laurentian). Organigram Inc. is a licensed producer (LP) of cannabis, cannabis-derived products and cannabis infused edibles in Canada. It is focused on producing cannabis for patients and adult recreational consumers, as well as developing international business partnerships. It has also developed and owns a portfolio of legal adult-use recreational cannabis brands, including Edison, Holy Mountain, Big Bag O’ Buds, SHRED, SHRED’ems, Monjour, Laurentian, Tremblant Cannabis and Trailblazer. It operates facilities in Moncton, New Brunswick and Lac-Superieur, Quebec, with a dedicated edibles manufacturing facility in Winnipeg, Manitoba. 10870277 Canada Inc. is a special purpose holding company for the Company. EIC is a cannabis processor of confectionary goods.


TSX:OGI - Post by User

Bullboard Posts
Post by FalconMon Apr 14, 2018 11:44am
159 Views
Post# 27885012

New Technical Target on TD: 4.90 - 5.20

New Technical Target on TD: 4.90 - 5.20I was making note of the good technicals on OGI, stochastics has nice room to run, MACD cross over going back into positive momentum, rsi low, etc. Then I noticed that TD has a new technical target of 4.90 - 5.20 made on Friday. The last 2 targets they've put up have both been successfully hit. The first was back in September, Bullish Continuation Wedge, 5.00 - 6.00. We hit that with a high of 5.68. Then we had a short term bearish target of 3.20 - 3.40. We hit that this week with 3.26. The new target is 4.90 - 5.20 so fingers crossed TD's technicals nail it again. A lot of technical traders in momentum stocks, so I will be holding on unitl we hit the target then re-assess. 
Bullboard Posts