GCG - too much short term excitement ?

501 4
  • Daily RSI indicates overbought levels since Sept 5th
  • Daily MACD is about to cross over downward
  • Buying volume slowly being exhausted

Potential to retrace to key Fibonacci levels at
(0.5) ~$40.53
(0.618) - $36.74

DISCLAIMER : This is not financial advice nor is it a recommendation to short
Trade closed: target reached
I hope it does but I think bulls wont let it get down there before buying ahead of legalization.
+1 Reply
@IanHarper94, thank you for your perspective!
dpageau488 IanHarper94
@IanHarper94, Now at 43.80 in post market. I hope we will go to 50% Fibonacci retracement.
+1 Reply
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