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Long Term Trend
Medium Term Trend
Short Term Trend
Lucid Price Action Trend
Lucid Price Action Trend
Moving Averages
2022 (-75.16) 2023 (121.21) 2024 (86.01) 50 Days MA 150 Days MA 200 Days MA

Long Term Trend Following Commentary

Lucid Trend Analysis Report
Lucid Trend Following Score
Ultimate BULL @ HIGH

Prepared for You, on 4/22/2024

As per our lucid Trend Following methodology



Long Term Lucid Trend Following Condition :

Bull Run established on 04/29/2019 at the price level of $ 100.44.


Medium Term Lucid Trend Following Condition :

Bull Pullback established on 05/08/2020 at the price level of $ 123.67.



The stock is demonstrating bullish condition, it's showing clear cut bull run.




This stock is trading at 52 week the 52 week range.


Its an ideal time to enter the long position, and anticipate higher prices!


Remember one thing, the market loves to reward winners!

Technical Commentary

What is happening now.



This stock is currently trading with normal Trading with Normal Volume volume.

This stock is also indicating, it is trading in the BULL momentum with support price at $ 122.19

While the stock is trading in the bull momentum, it will try to penetrate through the following resistance levels to establish a new barrier for itself to conquer.

Resistance level
Shoot for the moon
R1 Resistance 135.11 8.99% move
Short Term Resistance 133.41 7.61% move
LPA Extrem Level 132.79 7.11% move
Medium Term Resistance 130.65 5.39% move
System Price - 123.97

What could happen next!




Stocks dont just go up in the straight line. They will stop going up for a while and perform the act of consolidation or pull back and retest the support area before it can commence any higher.

Support level
System Price - 123.97
MA 50 days 122.50 1.19% move
Short Term Support 122.19 1.44% move
LPA Level 119.94 3.25% move
S1 Support 118.65 4.29% move
MA 150 days 118.31 4.57% move
MA 200 days 117.41 5.29% move
Medium Term Support 109.12 11.98% move
Long Term Support 105.00 15.30% move
S2 Support 95.78 22.74% move
Free Fall
Lucid Trend Following Strategy which can deliver gains like these!
We empower you with process driven approach to market. There are no secrets about this system.
Dow 30
Symbol Condition Gain
AXP 26.98 %
GS 26.07 %
CAT 21.38 %
V 19.25 %
IBM 15.70 %
TRV 14.65 %
DIS 13.54 %
INTC 12.20 %
JPM 10.69 %
Sample Data
Trading Activities Price Momentum
Trend reversal below 22.60
Price ActionLower Highs & Lower Lows
Behavior Trying to reverse
Conclude Shorts are being fried
Chart Big Directional
RSI Rating : 86 - Over bought & continue with strength
Stock Characteristics
Bottom Fishing ( Bull )
The euphoria of the market
Bull with force
Circuit breaker Bull

News & Headlines
04/24/2024 | InvestorPlace

Cashing in on Cannabis: Why These 3 Weed Stocks Are Primed to Pop

Marijuana legalization may be inching closer in the U.S. but it just became a reality in Germany. As of April 1, Germans can now legally grow up to three marijuana plants for personal use. They can also possess up to 50 grams at home and up to 25 grams in public. Starting July 1, people will be able to buy marijuana at not-for-profit clubs. The clubs will be limited to 500 people and members can only consume the cannabis the club sells. Marijuana will still be illegal for minors, around schools and near playgrounds. Because Germany is Europe’s largest economy, marijuana legalization will set the tone for other countries expected to follow its lead. Cannabis companies are ready to capitalize on the opportunity but some are ready to hit the ground running. That’s because they already have a presence in Germany providing medical marijuana, which has been legal since 2017. For that reason, the following three cannabis stocks stand positioned for an early lead. But pot stock investors should still be cautious.

 04/23/2024 | InvestorPlace

Want More Green? Buy These 3 Red-Hot Cannabis Stocks Today.

Cannabis stocks may be some of the most controversial investment ideas. But they are also turning out to be one of the most profitable. For example, over the last few weeks, related stocks like Canopy Growth (NASDAQ: CGC ) ran from a low of $2.75 to a high of $11.57. And while CGC recently pulled back to $6, it’s just starting to pivot higher again. All thanks to growing U.S. support for legalization — with 88% of the public believing it should be legal for medicinal and recreational use. Florida may soon legalize it for adult use . Germany just made it legal, which could lead to a domino effect across Europe. The U.S. may soon reschedule cannabis from Schedule 1 to 3. Plus, there is growing speculation of positive mentions of legalization heading into the 2024 presidential elections. All of which could easily send cannabis stocks to higher highs. So, even if you see cannabis stocks as a controversial topic at the moment, it could be one of the most rewarding opportunities. Here are three top ways to trade the potential green boom today.

 04/22/2024 | InvestorPlace

3 Nasdaq Stocks That Could Be Heading Six-Feet Under

As concerns about a global recession grow , it might be wise to consider divesting from certain Nasdaq stocks to sell. The Nasdaq is known for hosting a range of innovative tech companies. However, not all of these align with traditional market strengths. Specifically, some publicly traded companies on the exchange present a dual challenge: they are both high-risk and overvalued. Given that the topic of selling Nasdaq stocks can be sensitive, I will focus this discussion on financial data. You might not agree with this analysis, and that’s perfectly acceptable. Indeed, the diversity of opinions is what enriches the free market. The aim of this article is to highlight specific companies that exhibit fundamental weaknesses. I considered these Nasdaq stocks to sell due to a mix of their free cash flow problems, debt issues, competitive weaknesses, and overall risky and unfavorable positions. We’ve been on a historic bull market for the last couple of years. Furthermore, I think these companies will be the first to take a large hit when the market inevitably corrects itself.
Market Report
Trading Activities Price Momentum
Short Term UP Momentum
Short Term Down Momentum
Moving Average Support
Moving Average Resistance
Long Term Bullish Conditions
Long Term Bearish Conditions

My view on this stock is
Notes (Write your notes (Max 250))
I am watching
Daily Chart of CGC since : 04/27/2024

My Idea about this stock is to go


I have plan to use
My crietrai for this trade is to


I am planning to hold this instrument for
What am I waiting for?

Why Watch list?

All successful investors and traders have a plan and anticipate the outcome of their action. In stock trading, waiting is the hard part. The key is having the patience to wait for the right conditions to develop. The key to successful trading is not finding a method that works all the time, but to have the discipline to wait for the right time.

You can start watching your stocks the meaningful way. All you have to do is sit back, watch and wait for the right moment before you pull the trigger. Regardless of whether you are waiting for a breakout, a pullback, momentum build up or whatever it may be.
Therefore let's create a watch list, so you can watch and wait patiently like cheetahs for a breakout.
Or 
If you believe that the amateurs chase the market, be and act like a pro and let the market come to you. All that means is you waiting for a pullback before you enter your trade and do not intend to force it!



Our watch list will let you think and act like a pro.

Sample Data
Custom Trade
@ Max Capital Basis
@ 2% basis
Trade Type


No of Shares to be Traded :
70
Total Capital Allocated :
$ 3752.7
Total Risk Allocated :
$ 99.4
Risk basis per share :
$ 1.42

Our Trend Following System


We have been inspired by Darvas Box system and Turtle Trend Following system. Our Trend following strategy is all about riding the trend all the way to maximize return, on your capital using a systematic approach to investing.


For Long term trend following investors

With our Long-term trend following investment approach to the market, you don’t have to stick to your trading desk and make the emotional and non-rational call towards your long-term approach to investing. Our typical long-term call last months to years. All you have to do is keep riding the trend.


Mr. Market is always driven by macro/micro events and analyst’s recommendation. Most of the times, this does nothing but create opportunities for long-term investors, while so-called timer of the markets trades on shorter time frames and headlines. So, with our trend following method you can seize the opportunity and profit from it.

When others are buying in euphoria, we are there to lock in our profit. While others are panicking and throwing a good stock away, we are there to invest! We make our decision based on the logic, not emotions.

For Medium Term trend following investors

With our Medium-term trend following investment approach to the market, you have to remain active and make stricter calls which allow you to profit from overrunning of the emotional calls by short-term investors which creates a momentum which can last weeks to months.

For Short Term trend trading traders

Our approach is all about breakouts and breakdowns. This is where the swing trading takes place. It’s all about spending hours on your trading desk.  However, we used this in combination with long-term and medium-term investing for our entry and to lock in profit purpose.


For Nicolas Darvas style trend following traders

We have developed Lucid Price Action (LPA) method, based purely on Nicolas Darvas principles. Our approach doesn't start at "all time high" or "52 week high price range", rather it starts from the get go.


Join today and subscribe to Lucid-Trend investment club to have one on one webinar to explore what we have to offer you as a crystal clear trend following system

Lucid Trend Following System

Prepared for You, powered by AcuSTAR Tool© 2002-2019
**Past performance is not necessarily indicative of future results. See full risk disclosure for hypothetical limitations.
**End-of-day pricing data provided by Stockdio. For US equities Real-time pricing is provided by IEX Cloud (ifmp)
Data provided by Financial Modeling Prep Current Server Time : 10:12

Quote File Last updated : 04/26/2024 @ 15:56, EOD data will be updated today after 18:00
System Status1 : System updated on 04/27/2024, at 06:01

Lucid Trend Following Stock System, Techincal Analysis - CGC Stock

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