IvanLabrie

$CGC: Good buy entry here

Long
IvanLabrie Updated   
NYSE:CGC   None
$CGC has reached support at the bottom of the 'Jeff Sessions resignation' key level. There's an active monthly uptrend, daily is oversold and making a higher high above a previous day high, whilst RgMov shows an active daily uptrend, so this would qualify as a valid long entry. You can risk either 3 daily ATR down, a drop under this last daily lowest low, use a monthly mode stop loss @ 25.28 for sizing, or size it for a long term position with 1-10% exposure and no stop.

Best of luck,

Ivan Labrie.
Comment:

🔒Want to dive deeper? Check out my paid services below🔒

linktr.ee/ivanlabrie
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.