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ScotianBot
Jul 11, 2020 2:30 AM

Fake out on the Ascending Triangle to the downside? 

CANOPY GROWTH CORPORATIONTSX

Description

It appears as though Canopy may have pulled a fake out to the downside on an ascending triangle I have outlined in dark blue.

In my previous post I mentioned how the RSI has seen bullish support when approaching the green arrows pointing side ways to the right, where I had a question mark in my previous post is now a green arrow coinciding with the others.

Possibly a bullish flag outlined in green, the downward sloping resistance keeps getting breached to the upside negating a descending triangle / bear flag.

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