Canopy Not Looking Good Right Now

CGC Lost nearly horizontal support, and so could very well be headed lower to price area shown on chart for uptrend support line. it is very possible there could be a bounce to reset the RSI a bit higher first, possibly even as high as 31ish. I changed from short to long at 27.50, but am holding off on any more purchases of stock until either the downtrend resistance is broken or the uptrend support line is met. Happy hunting and GLTA!!


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