DerekTradeEZ

CGC getting very tight. Expect high volume tomorrow 12/9/2019

NYSE:CGC   None
Ticker: $CGC

Daily inside bar with very low trading volume on Friday 12/7/2019.

This is because CGC is announcing a new CEO on Wednesday 12/11/2019 and both bulls and bears are uncertain about who it's going to be.

None the less, I expect a volume spike tomorrow as the range is so tight. The break is inevitable and potential leaks or inside information could
be part of the volume tomorrow.

Depending how we break the range tomorrow, I will plan to take a trade; bullish or bearish (if shorts are available)
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.