Bull Case:
1. Most people think of GRWG of being linked to Cannabis. However, as a small farmer I understand that with global warming more and more farmers will be shifting to more efficient indoor growing operations.
2. 8/28 price target raised to $25 from $15 at Oppenheimer and keeps an Outperform rating on the shares.The analyst commented GRWG is a" leading, yet still up-and-coming retail chain within the rapidly expanding and dynamic market for hydroponic and organic gardening supplies, and that current multiples underappreciate meaningfully longer-term prospects for the chain."
3. My look over extended, but yearly vwap has price at 13.5, which is near the 50% fib pullback and the 20ma.
Bear Case:
1. Insider sold a ton above $17
Trade Plan:
Buy ~15
Stop 13
Target 22 and beyond
1. Most people think of GRWG of being linked to Cannabis. However, as a small farmer I understand that with global warming more and more farmers will be shifting to more efficient indoor growing operations.
2. 8/28 price target raised to $25 from $15 at Oppenheimer and keeps an Outperform rating on the shares.The analyst commented GRWG is a" leading, yet still up-and-coming retail chain within the rapidly expanding and dynamic market for hydroponic and organic gardening supplies, and that current multiples underappreciate meaningfully longer-term prospects for the chain."
3. My look over extended, but yearly vwap has price at 13.5, which is near the 50% fib pullback and the 20ma.
Bear Case:
1. Insider sold a ton above $17
Trade Plan:
Buy ~15
Stop 13
Target 22 and beyond
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.