BDRTrigger33

Timing Exit of $CGC Dip: Profit-taking on Puts

NASDAQ:CGC   CANOPY GROWTH CORPORATION
The entire corporate cannibus industry has really crapped the bed, along with most other sectors, over the last two-wks.

Those with long puts could have already successfully taken profit, as it could find support at the bottom of the highlighted (maroon) target range.

Those with puts should be plenty green, but there likely will be some support near the bottom of the target range due to the long-term potential of the industry and CGC itself.

-BDR

Comments

Interesting chart, much appreciated!
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