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ScotianBot

Possibly a Head & Shoulders Breakdown for WEED.

CANOPY GROWTH CORPORATION (TSX:WEED)  
ScotianBot Updated   
TSX:WEED   CANOPY GROWTH CORPORATION
Trend Analysis Chart Patterns Support and Resistance weed CGC canopygrowth canopygrowthcorporation cannabisstocks marijuanastocks healthcarestocks beveragestocks
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trendanalysis chartpattern supportandresistance weed cgc canopygrowth canopygrowthcorporation cannabisstocks marijuanastocks healthcarestocks beveragestocks
Canopy appears to have broken the base line of support of a micro Head & Shoulders, the blue line is where I have the base of support for the pattern.

The RSI is starting to creep into an area where WEED has seen support, the green arrows pointing to the right is what I am referring too.
Comment:
fake-out to the downside of an ascending triangle.
Fake out on the Ascending Triangle to the downside?

Related Ideas

ScotianBot
Fake out on the Ascending Triangle to the downside?
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