dburke44

Cron solid until 9.60

TSXV:CRON   None
Closed up 20 cents in after hours on the NASDAQ so automatically that means a GAP up to start the day. It should open around 9.25. The RSI looks good too. 68 currently and the trouble areas have been between 86 and 90. The red flag here is the new 100 mill bought deal at 9,60. These deals are notorious for sending the stock south. It has happened numerous times on WEED at 34.50 and HIP at 1.32. If any stock can break it however I believe its CRON. That being said it might be smart to sell at 9.60 and sideline your money to see what happens here. I believe there might be better plays then with APH looking to RSI dump shortly and ACB looking equally strong.

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.