Slothcharts14

Hoping for a better 2020 - CGC

Long
Slothcharts14 Updated   
NYSE:CGC   None
Long term hold, but strong movement these last few weeks (could be a number of reasons why) but I'm a believer in this industry.

Will continue to add on dips to increase my position over time but technicals are getting better and looks like an opportunity for some LT calls. Time will tell on that.

Hope to see it continue on the upper trend line, if it breaks I expect a bounce on the second lower trend mapped out. Break that I'm looking to add sub $16 IMO.

ADX moving up w/ MACD crossover and SAR giving me bullish feelings. Bounce off the MA is also entertaining.

As always GLTA
Comment:
Strong move - Closed calls $. Holding this LT and ready to add on volatility. Here's to 2020 for Cannabis stocks
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.