bionicol
Long

SMOKE BUBBLE ABOUT TO BEGIN?

NYSE:CGC   CANOPY GROWTH CORPORATION
Beeing smart money has never been so obvious as with weed. I was traveling in canada and north america a couple of years ago and I noticed that a lot of "normal people" had stuff to roll a joint at home and the first non medical shops for weed were opening. It was so obvious that it was the right moment to put some money there.

If we look at canopy is actually heavily correcting. In the log chart is approaching the support of the channel growth (show later). I don't think that it will hold also considering the bearish context of the stock market.
The break of the trend could represent the bear trap that we want to see before the true beginn of the bubble.

Let see in a couple of month were is the situation but it could be again time to the take a couple drags.

BIO
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