TradingView
BobbySpa
Apr 19, 2018 11:09 PM

CRON - 4:20 Time Anyone? 

Cronos Group Inc. Common ShareNASDAQ

Description

With 4/20 tomorrow I thought this idea was timely. After a huge sell-off that coincided with the general market's decline during March, CRON looks to be making another run after finding support at $5.10. As you can see the FIB 50 resistance was too much for the first attempt, but CRON has consolidated nicely and has found support at FIB 38 retracement level setting up for another shot which should get through based on how volume has played out and the indicators. This space was talked about very favorably by the talking heads on CNBC and I expect CRON, WEED, ACBFF and the other players in this space to continue to fly HIGH over time :)
More