dafster17

CRON - Bullish divergence observation.

Long
dafster17 Updated   
TSX:CRON   CRONOS GROUP INC
CRON - I am bullish here. Significant downtrend lately. Nice piercing candlestick with a nice looking RSI. MACD/Price action Bullish divergence. Might need a bit more time but I am watching for break of the downtrend and hold for confirmation.

* I really like this setup.
Comment:
Looks to have poked out of the patter to the upside and is battling the resistance line here.
Trade closed manually:
I forgot to update this. I sold when it failed to break resistance. It has since tumbled and expecting to see a bounce off the former trend line nearing support.

Closing chart

dafster
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