moleman340

(CGC) - Daily Bull AB=CD

Long
NASDAQ:CGC   Canopy Growth Corporation
Price has collapse in a unusually orderly manner; staying within a six month long channel. A Bull AB=CD has printed. A more conservative stop can be used. I chose a 5:1 to compensate for the risk of this pig going under. If speculators lose their minds over this sector again, a move to target 1 may occur.

DYDD
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.