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CRON close to dropping below the Ichimoku

Short
TSX:CRON   CRONOS GROUP INC
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CRON looks to be consolidating after its recent drop after its poor earnings , and has spent over a week now consolidating in the Ichimoku cloud , building lower highs and not showing much bounce strength.

Obviously, the one risk factor here is that they have investment from Altria and could come out with some M&A or international development. But other MJ companies are too expensive right now for M&A, and I internationally, the marijuana movement seems quiet.

I predict it will fall out of the cloud for a short term short trade.

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