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the_sunship
Jun 9, 2022 4:44 PM

CGC - the skunk weed is back to the budding stage Long

Canopy Growth CorporationNASDAQ

Description

Most canadain MJ's are showing bull divergences on the weekly charts again. News coming? NYC finally opens pot shops? - damn are they slow to the pot market.....

CGC is testing it's ultra lows where it meandered for a few years. Doesn't mean it can't go lower, it certainly can. Between here and 2 dollars I think could be an excellent accumulation area.

Be careful though, this company can become a discarded roach and go out of business aka - 0
Comments
Acient1
I have GTC buy order at $1 a share. I just picked up some SNDL, a penny stock now, with great upside potential. We might see a reverse split to maintain its NASDAQ position. If CGC gets any lower we may see a reverse split as well.
cathirzel
Thanks for the idea!
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