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Synaptic724
Mar 21, 2019 6:21 PM

Canopy Growth Breakout Long

CANOPY GROWTH CORPORATIONTSX

Description

Ascending Triangle. I drew a symmetrical triangle here a month ago didn't work out. Seems like there wasn't enough power to push it up.

The recent FED meeting pushed the SPY to new limits. Everyone is very bullish now.

Canopy may push through to new highs within the next week.

Buying a few calls to go for it.

Order cancelled

Comments
Synaptic724
I ended up waiting on this trade because of the risk behind the many false breakouts and the SPY turning around.
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