MysteriousPersian

finally CGC/WEED is a buy

Long
NASDAQ:CGC   Canopy Growth Corporation
From a Technical standpoint, there looks to be a significant traceback now. Large volume signaling short covering and a renewed interest in this stock now that it has reached somewhat fair value.

Of course, be weary trading this stock as it is possible it is also worth nothing. But considering STZ still has its sizeable share, i see this stock bouncing up a bit before it possibly fizzles out for good.
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.