Technical-Difficulties

GCG - too much short term excitement ?

NYSE:CGC   CANOPY GROWTH CORPORATION
510 views
4
510 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
Sep 14
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!
Reply
dpageau488 IanHarper94
@IanHarper94, Now at 43.80 in post market. I hope we will go to 50% Fibonacci retracement.
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar Shows How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Help Center Refer a friend Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out