holeyprofit

Weed stocks downtrend may break.

Long
TSX:WEED   CANOPY GROWTH CORPORATION
Very early to tell and all breakouts at some point look at bit like a double bottom, but this looks a bit like a double bottom.

Been wanting to buy weed stocks since the high and all the way down. I think cannabinoids have many potential benefits and may be an important industry. Just didn't make sense while it was in a speculative bubble and didn't make sense when it was winding down that bubble in a protracted downtrend.

I think we've now reached a point where there's good RR on the long and we have a fairly reasonable way to define a stop betting on the double bottom formation.

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