dburke44
Long

Should run to 32.00 tomorrow.

TSX:WEED   CANOPY GROWTH CORPORATION
Strong Spy             Futures , CRON             afterhours seen it close at the high and Good news out of the US. All of this should point to a gap up over 30.00. The 200 Hour MA may cause a bit of trouble at 31.00 but overall I see this stock hitting 32.00 as early as tomorrow. $32.00 was where the last big selloff happened so do not expect it to go down easy.

Like the other stocks pay attention to the RSI here. WEED between 86 and 90 have seen the same drops as the other MJ stocks mentioned previously. At 10:30 on Dec 29th WEED was selling at 33.25 and by 12:30 it had hit 24.00. Again not a trend changer however these can be avoided. I may by in for quick buys here and there but for the most part ill be out until this happens. It will rebound after and you should see a new high but it still has that 34,50 ceiling from the BMO             deal.
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