Raw_Blitz
Short

WEED - Bearish Divergence

TSX:WEED   CANOPY GROWTH CORPORATION
Dear Traders,

As we can see WEED managed to make a nice run, but as I said yesterday, better not enter because this is a time bomb. And guess what happened. It dropped, and in my opinion it's not ready to go up for some time.
This bearish divergence happens when we have a new high, but RSI shows us a lower high.

It's time for a big retracement people.

Any thoughts ?

Feel free to join my new Discord Channel if you interested in talking to me and others about stocks, info and of course opportunities!
https://discord.gg/uGsZMS
Oct 20
Comment: As predicted WEED and ACB were going down because of the Bearish Divergence.
Now I expect this selling pressure to continu. Our main support will be the 100ma located at 58.97$.
Oct 20
Comment: Feel free to join my new Discord Channel if you interested in talking to me and others about stocks, info and of course opportunities!

https://discord.gg/GMHMq8
Oct 20
Comment
Oct 20
Comment: Updated Link

Comments

hey it looks like discord invite is invalid, any chance you have an updated link?
Reply
Raw_Blitz borisrehab
@borisrehab, Hmm thats weird, here is a new link: https://discord.gg/GMHMq8
Reply
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