Hello traders, CANOPY GROWTH CORPORATION is in a false bearish trend with large sell volume issued and a bearish continuation candle. Looking at the TIMEFRAME M1 we can see a bull dash which is located below the VWAP, it is trying to go to its last lowest. To turn around and start rising again, there is a strong potential to break the VWAP in force. Then to break the resistance become support to breakout the zone of consolidation and reach another. If the investors are back we can still breakout the zone, to reach the symbolic figure of 21.00.
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