Key support for the bulls to maintain the daily uptrend is $62.02. This sits in the middle of a low node, meaning a break could see price continue downwards towards $59.70 where we start to see much more support.
Resistance to break are $65.05 and $66.64 high of today.
I'm not giving the bulls any benefit of the doubt - a pullback this significant on increasing bear is a definite red flag for me.
How WEED (really, how CGC ) moves from here will dictate the direction for the rest of the sector heading into legalization on October 17th. Losing that support at $62 makes it less likely we will see new highs heading into next month.