Description
⋅ CGC: Watching For A Bullish Move
CGC / Canopy Growth Corporation (Cannabis)
The cannabis sector didn't perform well during the last two years.
However, it is worth taking the chances when we see good trading opportunities despite the bad performance it is showing for mid-term trading.
From the chart, we can see that the price rose several times from the same area where it is now.
CGC reached the lowest price during the summer of 2023 near $3.65.
From this zone the price bounced several times and the moves were good and created in a short period.
These moves have a minimum boost of +70%.
You may find more details in the chart!
Thank you and Good Luck!