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BTCanadian
Mar 17, 2018 2:20 AM

Today WEED closed at +4.20%.  

CANOPY GROWTH CORPORATIONTSX

Description

Not only is that hilarious, but it is a step in the right direction for sure. We tried to smoke our way past resistance, but it looks as though we couldn't quite do it, stumbling back down into the support channel. Confirmation above the MACD's on Monday will allow is to move the support up to 31.40 and possibly 31.85 if it opens bullish. That huge red shadow on the closing candle is something that we should look out for and may lead to a re-test of ~31.05, but there is some very good support as we have confirmed twice strong at that line, as you can see by my beautiful chicken scratch black circles. Hopefully it took everything the bears had to keep us blow that resistance level, and we can start to increase our positions.
Comments
Attilaelek
Thanks for the post
BTCanadian
@Attilaelek, Your welcome.
Gallius
Also thought of it! So awesome and funny with this magic number, so ironical. almost felt like a sign ;).
Great analysis! Also watching this closely, Im waiting for another approval (Technical or Fundamental, not ironical ;).
BTCanadian
@Gallius, Thanks I appreciate it! The odds of it closing exactly on that number, are crazy. I laughed lol.
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