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LoveDump
Nov 15, 2017 4:50 AM

WEED: MAD CONEZ; Getting Higher Long

CANOPY GROWTH CORPORATIONTSX

Description

There appears to be a nice bullish continuation pattern forming on WEED. The upward break from this pennant is $25-27.

Comment

I assume their products will be rolled like normal.

Comment

Breakout

Trade closed: target reached

Exceeded all expectations. I just closed my position. It looks like we are due for a correction. Wouldn't be surprised to see $20 but my first target is a tad under $24

Comment

Comments
Hoosh
24-27 is ambicious imo, but yea a breakout is eminent
scottkostin
@Hoosh, A breakout why?
Hoosh
I tought it could break the low 20's resistance but I was wrong. Anyways, I will keep watching this stock since it has alot of potential. Weed legalisation in Canada in due in mid 2018 (July 2018) and it is a multi billions market that will open up to these companies. Also keep an eye on THCX. A quite new compagnie that has a lot of potential. @scottkostin,
crimsonronin
What a master!
LoveDump
It ended up creating a larger pennant. I hope you are all still holding.


Azazel91
Attention au comblement du gap des 13$
LoveDump
@Azazel91, As much as I like filling the gap it didn't happen this time
JulioMarceloVersolato
you still think that even after the drop today?
LoveDump
@JulioMarceloVersolato, Well, symmetrical triangles can break either way. I was betting up, I bet wrong.
JulioMarceloVersolato
@Analwhore, yeah I betted wrong to haha. I believe it might still recover in the next 7 days though
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