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Synaptic724
May 14, 2019 6:11 PM

CGC - Short Target $40 Short

Description

CGC had a good spring I am shorting it until $40 as bearish divergence printed on RSI and SPY is potentially going to move slightly lower.

IT may weigh upon canopy. I am in the trade as of $45.39. I may have jumped the gun as I could have waiting for a false breakout at $47. However the movement today was a little bit weak. $47.10 will be my stop.

This is a journal entry and not trading advice.

Trade closed manually

Comments
Synaptic724
So much for that, ended up getting scared and covered at 45.20
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