InvestingScope
Long

Canopy GC: High return long term investment.

TSX:WEED   CANOPY GROWTH CORPORATION
Canopy Growth Corporation is on strong long term bullish price action both on 1W ( RSI = 58.856, MACD = 4.873, Highs/Lows = 2.6189) and 1M ( RSI = 66.122, MACD = 12.099, Highs/Lows = 7.3414). Since mid 2017 in particular, it has been trading on Higher Lows reaching +1000% in growth. Using the Pitchfork to identify the pressure zone, we estimate that the asset is close close to a bullish accumulation point (Higher Low). Out moderate Higher High target is 110.00.





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