ecbuddy

WEED - canopy growth completing C correction on daily

TSX:WEED   CANOPY GROWTH CORPORATION
WEED - canopy growth completing C correction on daily
Hi great post. Could you explain what is C correction?
+1 Reply
ecbuddy Attilaelek
@Attilaelek, Elliot Wave retracement usually has a 3 waves Down...A Down, B Up, C Down...it looks like C is at the fibonacci .618 level @ 21.67

It looks to have hit, but can still move a little lower..
Reply
@ecbuddy, Hi exbuddy. Thanks for the reply. WOW you were dead on. I used your chart to make decisions this week and couldn't turned out to be good. Do you think we are entering into further maybe even a lenghty consolidation? Thanks for your time.
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