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PrepForProfit
Feb 7, 2020 10:37 AM

CGC Trendline Fail Short

Description

CGC saw an open and close yesterday below the lower support line of a rising channel(orange lines). Using a measured move on a trendline break, price could potentially see a -25% decline which would roughly equal a -$5.50 loss taking price back down near $16. Keeping an eye on this one today as CGC tends to dictate prices for the entire cannabis sector.
Comments
pacman7331
been waiting...
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